# A manufacturer produces two types of products, 1 and 2, at production levels of x1 and x2 respectively. The profit is given is 2x1 +5x2.The production constraints are x1 + 3x2 ≤40 3x1 + x2 ≤ 24 X1 + x2 ≤ 10 X1 > 0,x2 >0 The maximum profit which can meet the constraints is

1.  29

2.  38

3.  44

4.    75

4

44

Explanation :
No Explanation available for this question

# Inventory can be in the form of

1.  raw materials

2.  supplies

3.  brought out part , semi finished goods and sub assemblies

4.  in process goods

5.   all of these

5

all of these

Explanation :
No Explanation available for this question

# Annual carrying cost ,fora given annual demand

1.  wil lincrease with the increase  in the number of orders placed annum

2.  will decrease with the increase in the number of orders placed per annum

3.  is independent of number of orders placed per annum

4.   will increase with the decrease in lead time

4

will decrease with the increase in the number of orders placed per annum

Explanation :
No Explanation available for this question

# Annual ordering cost ,for a given annual demand

1.  will increase with the decrease in order quantity

2.  will decrease with the decrease in order quantity

3.  is independent of order quantity

4.   will decrease with the decrease in lead time

4

will increase with the decrease in order quantity

Explanation :
No Explanation available for this question

# For a given level of safety stock and EOQ ordering, Reorder point

1.  depends only on the rate of consumption

2.  is independent of the rate of consumption

3.  depends only on the lead time

4.  depends on the rate of consumption and lead time

4

depends on the rate of consumption and lead time

Explanation :
No Explanation available for this question

# The monthly demand is Rs.2000 of sales. Annual carrying cost is Rs.2400. The ordering cost per order is Rs.600. The EOQ is

1.  One month sales

2.  Two month sales

3.  Three month sales

4.  Four month sales

4

Three month sales

Explanation :
No Explanation available for this question

# The lead time consumption of 500 units. The annual consumption is 8000 units. The company has a policy of EOQ ordering and maintenance of 200 units as safety stock. The recorder point (ROP) is

1.  500 units

2.  700 units

3.  200 units

4.  none of these

4

700 units

Explanation :
No Explanation available for this question

# 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

1.  Rs.500

2.  Rs.100

3.  Rs.31.62

4.   Rs.22.36

4

Rs.500

Explanation :
No Explanation available for this question

# In the production model for determining the economic Batch Size, the production rate is considered as

1.  equal to demand rate

2.  less than demand rate

3.  greater than demand rate

4.   independent of demand rate

4

greater than demand rate

Explanation :
No Explanation available for this question

1.  0.75

2.  0.80

3.  1.25

4.   1.33

4