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RVUNL ME || Industrial Engineering || Quiz 2
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Question 1
In ABC analysis, the items are ranked in descending order on the basis of the
Question 2
Which of the following is not an inventory analysis?
Question 3
Economic Order quantity is the quantity at which the cost of carrying is ____
Question 4
The VED analysis is based on _________.
Question 5
Annual demand for window frames is 10000. Each frame costs Rs. 200 and ordering cost is Rs. 300 per order. Inventory holding cost is Rs. 40 per frame per year. The supplier is willing to offer 2% discount if the order quantity is 1000 or more, and 4% if order quantity is 2000 or more. If the total cost is to be minimized, the retailer should
Question 6
An item can be purchased for Rs 100. The ordering cost is Rs. 100 and the inventory carrying cost is 10% of the item cost annum. If the annual demand is 100 units, then economic order quantity (in units) is __________.
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Jun 9AE & JE Exams
