List of top Mechanical Engineering Questions on Inventory Control

To issue and running balance of certain items of stock in inventory, which of the following keeps a record of items?
The demand for a commodity is 100 units per day. Every time an order is placed, a fixed cost of Rs 400 is incurred and the holding cost is Rs 0.08 per unit per day. If the lead time is 13 days, then the economic lot size and the reorder point are in units
Average stock level required to maintain the inventory is calculated as
Which of the following relationships hold correct for the safety stock of inventory?
The pessimistic time and optimistic time of completion of an activity are given as 10 days and 4 days respectively. Then the variance of the activity is
The demand for a commodity is 100 units per day. Every time an order is placed, a fixed cost of Rs 400 is incurred and the holding cost is Rs 0.08 per unit per day. If the lead time is 13 days, then the economic lot size and the reorder point are in units
Average stock level required to maintain the inventory is calculated as
Which of the following relationships hold correct for the safety stock of inventory?
The pessimistic time and optimistic time of completion of an activity are given as 10 days and 4 days respectively. Then the variance of the activity is
To issue and running balance of certain items of stock in inventory, which of the following keeps a record of items?
Which of the following relationships hold correct for the safety stock of inventory?
For an assembly line, the inventory was calculated by considering the production rate as 4 pieces per hour and the average processing time as 60 minutes. Now, if the production rate is kept the same and the average processing time is brought down by 30%, then the change in inventory is
To issue and running balance of certain items of stock in inventory, which of the following keeps a record of items?
The demand for a commodity is 100 units per day. Every time an order is placed, a fixed cost of Rs 400 is incurred and the holding cost is Rs 0.08 per unit per day. If the lead time is 13 days, then the economic lot size and the reorder point are in units
Average stock level required to maintain the inventory is calculated as