inventory

Which one of the following is NOT a form of inventory?

Robot Ltd. wishes to maintain enough safety stock during the lead time period between starting a new production run and its completion such that the probability of satisfying the c...

A local tyre distributor expects to sell approximately 9600 steel belted radial tyres next year. Annual carrying cost is Rs. 16 per tyre and ordering cost is Rs. 75. The economic o...

The annual demand for an item is $$10,000$$ units. The unit cost is Rs. $$100$$ and inventory carrying charges are $$14.4\% $$ of the unit cost per annum. The cost of one procureme...

The annual requirement of rivets at a ship manufacturing company is $$2000$$ $$kg.$$ The rivets are supplied in units of 1 kg costing Rs. $$25$$ each. If it costs Rs. $$100$$ to pl...

A company uses $$2555$$ units of an item annually. Delivery lead time is $$8$$ days. The recorder point (in number of units) to achieve optimum inventory is

The maximum level of inventory of item is $$100$$ and it is achieved with infinite replenishment rate. The inventory becomes zero over one and half month due to consumption at a un...

In a machine shop, pins of $$15mm$$ diameter are produced at a rate of $$1000$$ per month and the same is consumed at a rate of $$500$$ per month. The production and consumption co...

Market demand for springs is $$8,00,000$$ per annum. A company purchases these springs in lots and sells them. The cost of making a purchase order is Rs.$$1,200.$$ The cost of stor...

An item can be purchased for Rs.$$100.$$ The ordering cost is Rs.$$200$$ and the inventory carrying cost is $$10\% $$ of the item cost per annum. If the annual demand is 4000 units...

A company places orders for supply of two items $$A$$ and $$B.$$ The order cost for each of the items is Rs.$$300$$ /order. The inventory carrying cost is $$18\% $$ of the unit pri...

Consider the following data for a product: Demand $$=1000$$ units/year Order cost $$=$$ Rs.$$40$$/order Holding cost $$ = 10\% $$ of the unit cost / unit-year Unit cost $$=$$ Rs.$$...

If the demand for an item is doubled and the ordering cost halved, the economic order quantity

When the annual demand of a product is $$24000$$ units, the $$EOQ$$ (Economic Order Quantity) is $$2000$$ units. If the annual demand is $$48000$$ units the most appropriate $$EOQ$...