PTU M.Tech Paper 2012 Production & Inventory Control

PTU M.Tech Paper 2012 Production & Inventory Control Punjab Technical University Exam 2012 Production & Inventory Control Test September and March Question Paper Free Download Punjab Technical University Production & Inventory Control Question Papers 2012 PTU M.Tech Question Paper 2012 for all students Previous Year old Past Papers of PTU M.Tech Paper 2012 Production & Inventory Control Punjab Technical University September 2012 and March 2012 Exam M.Tech Sample Model Question Papers Free Download PDF

Production & Inventory Control

 QI) (a) It is given that the annual usage of a product is 60 units. The procurement cost per order is Rs. 15 and the cost per piece is Rs. 100. The cost of carrying inventory on obsolescence, taxes, insurance and deterioration etc. is 10%. Calculate the EOQ.
(h) A Company needs 600 products per year. The ordering cost per order is Rs. 20. The inventory carrying cost based on the average inventory is Rs. 0. 10 per unit-year. The storage cost is Rs. 0.025 per unit-year and the purchase price is Rs. I per unit. How many orders should he placed per year and what total cost is involved in inventory.
(c) A firm has a yearly demand for 52,000 units of a unit, which it produces. The cost of setting up for production is Rs. 80 and the weekly production rate 1000 units. The carrying cost is Rs. 3.50 per unit-year. How many units should the firm produce on each production run?
Q 2) (a) Identify the major reasons why firms carry inventories.
(h) Auburn Machine Company produces parts that are shipped nationwide. It has an opportunity to produce plastic packaging cases. Which are currently purchased at Rs. 0.70 each. Annual demand depends largely on economic conditions, hut. long-run estimates arc as shown.

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