PGCET Mechanical Question Paper - 2018 with Answer Key

PGCET Mechanical Question Paper - 2018 with Answer Key

101) A purchasing assistant has calculated the carrying cost Rs per unit annum, and the EOQ = 500 units for an item. He must have taken that the annual ordering cost for this item:

Answer is:

Rs. 500

102) The monthly demand is Rs. 2,000 of sales. Annual carrying cost is Rs. 2,400. The ordering cost per order is Rs. 600. The EOQ is

Answer is:

three month of sales

103) When the ordering cost is increased to 4 times, the EOQ will be increased to

Answer is:

2 times

104) A company uses 2555 units of an item annually. Delivery lead time is 8 days. The re-order point ( in number of units) to achieve optimum inventory is

Answer is:

56

105) The value of base variable in the assignment model is

Answer is:

1 or 2

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