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Question 2 NAT · 1.5 marks
Sunrise Foods Pvt. Ltd. is a packaged snacks manufacturer located in Pune. The company uses a
special type of corn starch as its key raw material for making chips. The production runs
throughout the year, and maintaining a steady supply of raw materials is critical.
After reviewing the last year’s consumption pattern, the Operations Manager found the following
data:
• The company uses 24,000 kg of corn starch annually.
• The ordering cost (includes transportation, paperwork, inspection) is ₹250 per order.
• The annual holding cost (storage, insurance, spoilage risk) is ₹4 per kg per year.
• Corn starch is highly stable and does not deteriorate quickly.[Assume 52 weeks in an year]
Based on the above data, answer the given subquestions.
What is the Economic Order Quantity (EOQ) in KG/order
A published solution is not available for this question yet.
Sunrise Foods Pvt. Ltd. is a packaged snacks manufacturer located in Pune. The company uses a
special type of corn starch as its key raw material for making chips. The production runs
throughout the year, and maintaining a steady supply of raw materials is critical.
After reviewing the last year’s consumption pattern, the Operations Manager found the following
data:
• The company uses 24,000 kg of corn starch annually.
• The ordering cost (includes transportation, paperwork, inspection) is ₹250 per order.
• The annual holding cost (storage, insurance, spoilage risk) is ₹4 per kg per year.
• Corn starch is highly stable and does not deteriorate quickly.[Assume 52 weeks in an year]
Based on the above data, answer the given subquestions.
What is the total number of orders per year ?
A published solution is not available for this question yet.
Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs.2/year/unit.
The estimated annual requirement is 10,000 units at a unit price of Rs. 10.
Calculate the given subquestions:
Calculate the annual inventory carrying cost.
A published solution is not available for this question yet.
Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs.2/year/unit.
The estimated annual requirement is 10,000 units at a unit price of Rs. 10.
Calculate the given subquestions:
While rechecked, Bluescope company finds that the order cost should have been 20%more than
the currently estimated value. What should be the percentage increase in the EOQ inthis case?
Enter your answer without the ‘%’ symbol.
A published solution is not available for this question yet.
Suppose you need to accept reservation for a flight. There are total 100 seats in the aircraft. You
have two classes of passengers - economy and business. One economy seat gets you 2,500 Rs of
revenue while a business seat gets 7,500 Rs. From your experience, you know the demand for
business travelers follows a uniform distribution in [10,20]. Then answer the given subquestions:
What is the Booking limit?
A published solution is not available for this question yet.
Suppose you need to accept reservation for a flight. There are total 100 seats in the aircraft. You
have two classes of passengers - economy and business. One economy seat gets you 2,500 Rs of
revenue while a business seat gets 7,500 Rs. From your experience, you know the demand for
business travelers follows a uniform distribution in [10,20]. Then answer the given subquestions:
What is the protection level?
A published solution is not available for this question yet.
A factory works for two 8-hour shifts each day and produces a total of 24,000 electric bulbs using a
set of workstations. There are 8 activities required to manufacture the bulb, such that the sum of
all activity times is equal to 12 seconds. How many workstations are required to main the specified
level of production (assuming that activities can be combined into those workstations in any order)
(enter your answer in numeric value)?
A published solution is not available for this question yet.
There are four demand points at A(1,2), B(2,3), C(3,5), D(4,1). The respective demand at these
points are 7, 1, 3, 5. Select the optimal location based on cross-median approach
6406536025566.
(2,2)
6406536025567.
(3,2)
6406536025568.
(2.5,2)
6406536025569.
(2,3)
A published solution is not available for this question yet.
The Egg Dropping Problem is a Dynamic Programming (DP) problem that helps determine the
minimum number of attempts needed to find the highest floor from which an egg can be dropped
without breaking.
Based on the above data, answer the given subquestions.
What is the state variable here?
6406536025591.
Number of eggs on hand
6406536025592.
Number of floors
6406536025593.
Number of eggs that got broken
A published solution is not available for this question yet.
The Egg Dropping Problem is a Dynamic Programming (DP) problem that helps determine the
minimum number of attempts needed to find the highest floor from which an egg can be dropped
without breaking.
Based on the above data, answer the given subquestions.
How a stage is defines?
6406536025594.
Number of eggs on hand
6406536025595.
Number of floors
6406536025596.
Number of eggs that got broken
A published solution is not available for this question yet.
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 3 and earns
Rs.5 by selling each Diya. Any Diya not sold by Diwali will be discounted to Rs. 1. From his
experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then
answer the given sub-questions:
What is the Critical Ratio?
A published solution is not available for this question yet.
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 3 and earns
Rs.5 by selling each Diya. Any Diya not sold by Diwali will be discounted to Rs. 1. From his
experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then
answer the given sub-questions:
What is the optimal order quantity that minimizes Ramu’s total cost?
A published solution is not available for this question yet.
Pranjal is shopping in a departmental store. He has a list of items which he prepared at home
itself. He picked a few packets of tea as part of his list. He could see coffee packets and milk-
powder packets in the neighbouring shelves. He picked a few milk-powder packets, however these
are not part of his list. He was searching for Good-day biscuits. He could identify only one packet in
the shelf remaining. However, there were lot of Sun-fist biscuits lying in the next shelf. So he
picked ten Sun-fist packets. Now map the scenarios with the items below:
6406536025618.
P1-S1, P2-S3, P3-S4
6406536025619.
P1-S2, P2-S1, P3-S3
6406536025620.
P1-S2, P2-S1, P3-S4
A published solution is not available for this question yet.