Industrial Engineering Miscellaneous
- A standard machine tool and an automatic machine tool are being compared for the production of a component.
For line balancing the number of work stations required for the activities M, E and T would respectively be
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Given data
Total cost of z1 component by using standard machine tool,(TC)1 = 30 + 22 × z1 × 200 = 100 + 2200 z1 60 60 30
Total cost of z2 component by using Automatic Machine tool,(TC)2 = 2 + 5 × z2 × 800 = 1600 + 2000 z2 60 30
Let break even point be z number of components∴ 100 + 2200 z = 1600 + 2000z 30 30 or 200 z = 1500 30 or z = 1500 × 30 = 225 200
Alternately:
Let N be the Break even number
At Break even point1 + 22 .N = 2 + 5N × 800 2 60 60 200 ⇒ 1 + 22 N = 2 + 5N × 800 2 60 60 200 ⇒ 1 + 22 N = 8 + 20N 2 60 60 ⇒ 22 N − 20 N = − 1 60 60 2 ⇒ 22 − 20 N = 16 − 1 60 2 ⇒ N = 15 × 60 = 225 2 × 2 Correct Option: D
Given data
Total cost of z1 component by using standard machine tool,(TC)1 = 30 + 22 × z1 × 200 = 100 + 2200 z1 60 60 30
Total cost of z2 component by using Automatic Machine tool,(TC)2 = 2 + 5 × z2 × 800 = 1600 + 2000 z2 60 30
Let break even point be z number of components∴ 100 + 2200 z = 1600 + 2000z 30 30 or 200 z = 1500 30 or z = 1500 × 30 = 225 200
Alternately:
Let N be the Break even number
At Break even point1 + 22 .N = 2 + 5N × 800 2 60 60 200 ⇒ 1 + 22 N = 2 + 5N × 800 2 60 60 200 ⇒ 1 + 22 N = 8 + 20N 2 60 60 ⇒ 22 N − 20 N = − 1 60 60 2 ⇒ 22 − 20 N = 16 − 1 60 2 ⇒ N = 15 × 60 = 225 2 × 2
- Two machines of the same production rate are available for use. On machine 1, the fixed cost is Rs. 100 and the variable cost is Rs. 2 per piece produced. The corresponding numbers for the machine are Rs. 200 and Rs. 1 respectively. For certain strategic reasons both the machines are to be used concurrently. The sale price of the first 800 units is Rs. 3.50 per unit & and subsequently it is only Rs. 3.00. The breakeven production rate for each machine is
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For Machine M1:
Fixed cost = Rs 100
Variable cost = Rs 2 per piece
For Machine M2:
Fixed cost = Rs 200
Variable cost = 1 Rs per piece
Total cost = Fixed cost + Variable cost × Number of units.
Total cost of production on machine M1 & M2 is
⇒ 100 + 2n + 200 + n = 300 + 2n
For the first 300 units, selling price is 3.50 Rs per unit.
So the break even point
300 + 3n = 3.50 (n+n)
300 + 3n = 3.50 (2 n)
7n = 300 + 3n = n = 75Correct Option: A
For Machine M1:
Fixed cost = Rs 100
Variable cost = Rs 2 per piece
For Machine M2:
Fixed cost = Rs 200
Variable cost = 1 Rs per piece
Total cost = Fixed cost + Variable cost × Number of units.
Total cost of production on machine M1 & M2 is
⇒ 100 + 2n + 200 + n = 300 + 2n
For the first 300 units, selling price is 3.50 Rs per unit.
So the break even point
300 + 3n = 3.50 (n+n)
300 + 3n = 3.50 (2 n)
7n = 300 + 3n = n = 75
- Demand during lead time with associated probabilities is shown below:
Expected demand during lead time is
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Probability
Expected demand during lead time
⇒ 7.5 + 9.8 + 15.75 + 16 + 25.5 = 74.55Correct Option: C
Probability
Expected demand during lead time
⇒ 7.5 + 9.8 + 15.75 + 16 + 25.5 = 74.55
- The jobs arrive at a facility, for service, in a random manner. The probability distribution of number of arrivals of jobs in a fixed time interval is
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Since arrival rates depends upon the time factor, so accordingly graph can be chosen from Poisson distribution, but normal distribution expresses same result throughout.Correct Option: B
Since arrival rates depends upon the time factor, so accordingly graph can be chosen from Poisson distribution, but normal distribution expresses same result throughout.
- The symbol used for Transport in work study is
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NA
Correct Option: A
NA