Time Left - 15:00 mins

RVUNL ME || Industrial Engineering Quiz

Attempt now to get your rank among 167 students!

Question 1

In a forecasting situation, exponential smoothing with a smoothing constant of α = 0.27 is used. If the forecast for 6^th month is 700 and the actual demand turned out to be 550. What is the forecast of 8^th month if actual demand of 7^th month is 500.

Question 2

Average stock level can be calculated as

Question 3

In a CPM activity, the earliest finish time is thrice that of the earliest start time. If the earliest start time is 3 days, then calculate the activity time.

Question 4

If demand of a certain item doubles, then the change in Economic Order Quantity is given as (EOQ)_new = n(EOQ)_old .The value of n is ____.

Question 5

PERT is the _________.

Question 6

A train reservation facility has 1 counter capable of handling 100 request per hour. The person’s coming for reservation arrive at a mean rate of 90/hour. What is the average length of queue at each counter?

Question 7

Fixed investments for manufacturing a product in a particular year is Rs. 80,000. The estimated sales for this period is 2,00,000. The variable cost per unit for this product is Rs. 4. If each unit sold is at Rs. 20, then the break-even point would be

Question 8

A company has an annual demand of 1000 units, ordering cost of Rs. 100/order and carrying cost of Rs. 100/unit –year. If the stock-out costs are estimated to be nearly Rs.400 each time the company runs out-of-stock, the safety stock justified by the carrying cost will be ____.