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Industrial Engineering Miscellaneous

Industrial Engineering

  1. Consider the following data with reference to elementary deterministic economic order quantity model

    The total number of economic orders per year to meet the annual demand is _______.
    1. 54
    2. 50
    3. 56
    4. 48
Correct Option: B

D = 100000
C = 10 Rs
Ch = 1.5
CO = 30/order

EOQ(Q*) = √
2 × D × CO
Ch

= √
2 × 100000 × 30
= 2000 units
1.5

No of orders N* =
D
Q*

N* =
100000
⇒ 50
2000



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