NOV-23 - Sathya Ques Paper
NOV-23 - Sathya Ques Paper
NOV-23 - Sathya Ques Paper
SATHYABAMA
INSTITUTE OF SCIENCE AND TECHNOLOGY
(Deemed to be University U/S 3 of UGC Act,1956)
17. The demand for an item is 18000 units per year. The holding
cost is Rs.1.20 per year and cost of shortage is Rs.5 per year and
the set up cost is Rs.400 per year. Determine (a) Economic order
quantity (b) Time between two consecutive orders (c) No of
orders (d) Min average cost (e) Max Inventory. (CO4)
(or)
18. Find the optimal order quantity for a product for which the price
break is as follows:
(CO4)
Quantity Unit Cost
0 ≤ Q1 ≤ 500 Rs.10
500 ≤ Q2 ≤ 750 Rs.9.25
750 ≤ Q3 Rs.8.75
The monthly demand for the product is 200 units, the cost of
storage is 2% of the unit cost and ordering cost is Rs.100 per
order.