Industry 4.0 · End Term · May 2024 · AN

Now, suppose BA realizes that the fixed costs per flight are in fact 41000 instead of 30000. It also finds out that two different types of passengers fly to Chennai. Type A consists of business people with a demand of QA = 260 - 0.4P and type B consists of students with a demand of QB= 240 - 0.6P. BA decides to charge these two types different prices.

Match Column A with Column B (country of origin)

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:

Which of the following model corresponds to Exponential Smoothing forecasting model?

Select the appropriate purposes of facility layout from the list below:

Ashoke motors manufactures micro-cars in Pune plant. It sources various parts for a car from its different plants located across India and also from its subcontractors. The Pune plant assembles the final product. For assembling, different machines are involved. On 3\(^{rd}\) of August, one of the machine caught fire and the entire assembly line stopped until a substitute machine arrived. What type of facility layout Ashoke Motors is maintaining at the Pune Plant?

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)?

Calculate the Euclidean distance between two machines located at the coordinates A(5,10) and B(2,6) in a shop floor.

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.

When is outsourcing not useful?

Which of the following supply chain costs is/are affected by distribution network structure?

Which of the following is/are considered in the Vehicle Routing Problem but not considered in TSP?

A contractor estimates that the size of the workforce needed over the next 5 weeks is 5, 7, 8, 4 and 6 workers, respectively. Excess labour kept on the force will cost $300 per worker per week, and new hiring in any week will incur a fixed cost of $400 plus @200 per worker per week. The objective is to minimize the total cost of labour needed for the project. If Dynamic Programming is applied to this problem, answer the given subquestions:

How is a stage represented by?

A contractor estimates that the size of the workforce needed over the next 5 weeks is 5, 7, 8, 4 and 6 workers, respectively. Excess labour kept on the force will cost $300 per worker per week, and new hiring in any week will incur a fixed cost of $400 plus @200 per worker per week. The objective is to minimize the total cost of labour needed for the project. If Dynamic Programming is applied to this problem, answer the given subquestions:

What are the alternatives in a stage?

A contractor estimates that the size of the workforce needed over the next 5 weeks is 5, 7, 8, 4 and 6 workers, respectively. Excess labour kept on the force will cost $300 per worker per week, and new hiring in any week will incur a fixed cost of $400 plus @200 per worker per week. The objective is to minimize the total cost of labour needed for the project. If Dynamic Programming is applied to this problem, answer the given subquestions:

How state variable is defined for this problem?

A contractor estimates that the size of the workforce needed over the next 5 weeks is 5, 7, 8, 4 and 6 workers, respectively. Excess labour kept on the force will cost $300 per worker per week, and new hiring in any week will incur a fixed cost of $400 plus @200 per worker per week. The objective is to minimize the total cost of labour needed for the project. If Dynamic Programming is applied to this problem, answer the given subquestions:

What is the optimal solution (objective function value) in Stage 5 when the state variable takes value 4?

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:

What is the economic order quantity (EOQ)?

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 number of orders per year.

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.

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 in this case? Enter your answer without the ‘%’ symbol.

Colony Shop is stocking heavy coats for next winter. Colony pays $50 for coat and sells it for $110. At the end of the winter season, Colony Shop offers the coats at $55 each. The demand for coats during the winter season is more than 20 but less than or equal to 30, all with equal probabilities. Determine the optimal order quantity that will maximize revenue for Colony Shop. Consider demand to be continuous.

Which of the following example(s) can be referred as seasonal pattern?

Which of the following functions, Logistics Management does not cover?

What is the decision variable Xi,j denotes in a Vehicle Routing Problem (VRP)?

You visit the car service centre to get your car washed. In the service centre, washing done using automated systems, e.g. the car is put on a moving belt, water is sprayed, drying is also done. Which of the following term represents this scenario?

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 travellers follows a uniform distribution in [10,40]. Then answer the given subquestions:

What is the Booking limit?

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 travellers follows a uniform distribution in [10,40]. Then answer the given subquestions:

What is the protection level?

What is the full form of SAAS? **NOTE:**Enter the exact answer without any space in the beginning or at the end.