Recent questions in im&or

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Enumerate four purposes of keeping inventory.

asked Nov 9, 2017 in im&or by chandu (215k points)

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State Pareto’s principle. State some of its applications.

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What is the EOQ ?

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Determine (i) the optimum run size, q (ii) the optimum level of inventory at the beginning of any period

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Classify the following cost elements under two types for inventory control

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Calculate the Economic Order Quantity (EOQ).

asked Nov 9, 2017 in im&or by chandu (215k points)

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What is ABC analysis? Describe briefly the procedural steps taken in this analysis.

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Find the number of cases per order.

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If Kelvinator produces refrigerator in batches, how many units in a batch should they produce?

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Expand the abbreviations. (i) EOQ (ii) EDM

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What is ABC inventory system?

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Determine economic batch size for each collection on the basis of the following data

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What is the economic ordering quantity?

asked Nov 9, 2017 in im&or by chandu (215k points)

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Explain Queuing model and its applications.

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What are the six categories of queuing models as per Kendall notation?

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Which repairman’s service should be used and why?

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What are the properties to be satisfied by a competitive situation to be called a “GAME” ?

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What would happen to the queue if the arrival rate was to reach 105/hour?

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Determine (i) average queue length (ii) average length of non-empty queues

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