ms4001_2026T1_ET_FN.pdf
Industry 4.0 · End Term · Jan 2026 FN
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Questions and published explanations below are available without starting a test. Some questions may not have a published solution yet.
Question 2 MCQ · 1.0 marks
Suppose you want to invest $4000 now and $2000 at the start of years 2 to 4. The interest rate
offered by First Bank is 8% compounded annually, and the bonuses over the next 4 years are 1.8%,
1.7%, 2.1% and 2.5%, respectively. The annual interest rate offered by Second Bank is 0.2% lower
than that of First Bank, but its bonus is 0.5% higher. The objective is to maximize the accumulated
capital at the end of 4 years. If you apply Dynamic Programming to this problem, answer the given
subquestions:
How is a stage represented by?
Year
Capital available for investment at the start of a year
Amounts invested in First Bank
Amounts invested in First Bank and Second Bank
A published solution is not available for this question yet.
Question 3 MCQ · 1.0 marks
Suppose you want to invest $4000 now and $2000 at the start of years 2 to 4. The interest rate
offered by First Bank is 8% compounded annually, and the bonuses over the next 4 years are 1.8%,
1.7%, 2.1% and 2.5%, respectively. The annual interest rate offered by Second Bank is 0.2% lower
than that of First Bank, but its bonus is 0.5% higher. The objective is to maximize the accumulated
capital at the end of 4 years. If you apply Dynamic Programming to this problem, answer the given
subquestions:
What are the alternatives in a stage?
Year
Capital available for investment at the start of a year
Amounts invested in First Bank in a year
Amounts invested in First Bank and Second Bank in a year
A published solution is not available for this question yet.
Question 4 MCQ · 1.0 marks
Suppose you want to invest $4000 now and $2000 at the start of years 2 to 4. The interest rate
offered by First Bank is 8% compounded annually, and the bonuses over the next 4 years are 1.8%,
1.7%, 2.1% and 2.5%, respectively. The annual interest rate offered by Second Bank is 0.2% lower
than that of First Bank, but its bonus is 0.5% higher. The objective is to maximize the accumulated
capital at the end of 4 years. If you apply Dynamic Programming to this problem, answer the given
subquestions:
How state variable is defined for this problem?
Year
Capital available for investment at the start of a year
Amounts invested in First Bank in a year
Amounts invested in First Bank and Second Bank in a year
A published solution is not available for this question yet.
Question 5 NAT · 1.0 marks
Consider the following precedence diagram. It has 12 activities. The numbers in blue and within
the braces denote the respective activity times in minutes. Answer the 3 subquestions based on
the given diagram.
[[IMAGE:789ea6d6609b5991_3_2]]
What is the minimum cycle time (in minutes) of the system?
A published solution is not available for this question yet.
Question 6 NAT · 1.0 marks
Consider the following precedence diagram. It has 12 activities. The numbers in blue and within
the braces denote the respective activity times in minutes. Answer the 3 subquestions based on
the given diagram.
[[IMAGE:789ea6d6609b5991_3_2]]
What is the maximum cycle time (in minutes) of the system?
A published solution is not available for this question yet.
Question 7 MCQ · 1.0 marks
Consider the following precedence diagram. It has 12 activities. The numbers in blue and within
the braces denote the respective activity times in minutes. Answer the 3 subquestions based on
the given diagram.
[[IMAGE:789ea6d6609b5991_3_2]]
The factory works for one 8-hour shift each day. Is it possible to achieve an output of 32 units/day
Yes
No
A published solution is not available for this question yet.
Question 8 NAT · 1.5 marks
Suppose you need to accept reservations for a flight. There are a total of 100 seats on the aircraft.
You have two classes of passengers: economy and business. An economy seat generates ₹2,500 in
revenue, while a business seat generates ₹7,500. Based on your experience, the demand for
business travellers follows a uniform distribution between 10 and 20. Answer the given
subquestions:
What is the Booking limit?
A published solution is not available for this question yet.
Question 9 NAT · 1.5 marks
Suppose you need to accept reservations for a flight. There are a total of 100 seats on the aircraft.
You have two classes of passengers: economy and business. An economy seat generates ₹2,500 in
revenue, while a business seat generates ₹7,500. Based on your experience, the demand for
business travellers follows a uniform distribution between 10 and 20. Answer the given
subquestions:
What is the protection level?
A published solution is not available for this question yet.
Question 10 NAT · 1.0 marks
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 3 and earns
Rs.5 by selling each Diya. Any Diya not sold by Diwali will be discounted to Rs. 1. From his
experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then
answer the given sub-questions:
What is the Critical Ratio?
A published solution is not available for this question yet.
Question 11 NAT · 1.0 marks
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 3 and earns
Rs.5 by selling each Diya. Any Diya not sold by Diwali will be discounted to Rs. 1. From his
experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then
answer the given sub-questions:
What is the optimal order quantity that minimizes Ramu’s total cost?
A published solution is not available for this question yet.
Question 12 NAT · 1.0 marks
A fashion retailer sells a limited-edition jacket for winter. The demand is normally distributed with
a mean of 300 units and a standard deviation of 50 units. The cost price of each jacket is ₹1,500,
and the selling price is ₹3,000. Unsold jackets can be returned for ₹1,200 per unit.
Based on the above data, answer the given subquestions.
What is the critical ratio? Round off your answer to two decimals.
A published solution is not available for this question yet.
Question 13 NAT · 1.0 marks
A fashion retailer sells a limited-edition jacket for winter. The demand is normally distributed with
a mean of 300 units and a standard deviation of 50 units. The cost price of each jacket is ₹1,500,
and the selling price is ₹3,000. Unsold jackets can be returned for ₹1,200 per unit.
Based on the above data, answer the given subquestions.
What is the optimal order quantity (z-value= 0.97)
A published solution is not available for this question yet.
Question 14 NAT · 2.0 marks
A fashion retailer sells a limited-edition jacket for winter. The demand is normally distributed with
a mean of 300 units and a standard deviation of 50 units. The cost price of each jacket is ₹1,500,
and the selling price is ₹3,000. Unsold jackets can be returned for ₹1,200 per unit.
Based on the above data, answer the given subquestions.
If the retailer orders 350 jackets, what is the probability of a stockout? Enter your answer to three
decimals in numbers (not in percentage). E.g.if your answer is 18.34%, enter the answer as 0.183
(Norm.s.dist for this z-value= 0.8413)
A published solution is not available for this question yet.
Question 15 NAT · 2.0 marks
Colony Shop is stocking heavy coats for next winter. Colony pays $50 for coat and sells it for $110.
At the end of the winter season, Colony Shop offers the coats at $55 each. The demand for coats
during the winter season is more than 20 but less than or equal to 30, all with equal probabilities.
Determine the optimal order quantity that will maximize revenue for Colony Shop. Consider
demand to be continuous.
A published solution is not available for this question yet.
Question 16 NAT · 2.0 marks
Find the Euclidean distance between the points P(2, -1, 5) and Q(-3, 4, 2) in 3D space.
A published solution is not available for this question yet.
Question 17 MSQ · 3.0 marks
Select the appropriate purposes of facility layout from the list below:
minimize delay in material handling
enhance sales as appropriate in manufacturing and service facilities.
Provide for good maintenance
Funding a new project
A published solution is not available for this question yet.
Question 18 MSQ · 2.0 marks
Which of the following is/are considered in the Vehicle Routing Problem but not in TSP?
Subtour elimination
Any capacity restrictions
A specific starting point
Distance travelled restriction
A published solution is not available for this question yet.
Question 19 MSQ · 2.0 marks
Select the correct statements from below:
Optimal solution in a facility location problem using Euclidean method will
result in a region
Optimal solution in a facility location problem using Euclidean method rarely
matches the center of gravity
Optimal solution in a facility location problem using Euclidean method will
result in a point
Optimal solution in a facility location problem using Euclidean method
matches the centre of gravity in not of the cases
A published solution is not available for this question yet.
Question 20 MSQ · 2.0 marks
Which of the following example(s) can be referred to as seasonal pattern?
Economic recission
Increases Ceiling Fan sales during winters
Increased tourist footfall towards the end of the year
A published solution is not available for this question yet.
Question 21 MSQ · 2.0 marks
Identify the examples for Outsourcing from the list below:
Concentrix manages customer service for Amazon .
Mastercard has set up a Data Science team in Gurgaon who will develop
algorithm for Mastercard.
IIT Madras BS degree program has assigned TCS to create and manage the
exam portal and its evaluation
Micron Technology, a US based semiconductor giant, setting up a Supply
Chain Analytics team, in India.
A published solution is not available for this question yet.
Question 22 MSQ · 2.0 marks
Which of the following supply chain costs is/are affected by distribution network structure?
Inventory
Transportation
Facilities and handling
Information
Price
A published solution is not available for this question yet.
Question 23 MCQ · 1.0 marks
What is First Mile in a supply chain?
Movements from Vendor to Distribution centres
Movements from Distribution centres to stores
Movements from stores to customers
A published solution is not available for this question yet.
Question 24 MCQ · 1.0 marks
Identify the Industry 4.0 version of transportation.
IC engine
Electric car
Hyperloop
A published solution is not available for this question yet.
Question 25 MCQ · 2.0 marks
Match Column A with Column B (country of origin)
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A1:B1, A2:B2, A3:B3, A4:B4
A1:B2, A2:B1, A3:B3, A4:B4
A1:B3, A2:B1, A3:B4, A4:B2
A1:B3, A2:B1, A3: B2, A4:B4
A published solution is not available for this question yet.
Question 26 MCQ · 2.0 marks
Select the layout that do not require general supervision:
Product layout
Process layout
Group layout
Fixed position layout
A published solution is not available for this question yet.
Question 27 MCQ · 2.0 marks
What is the name of the forecasting method represented by the following set of equations? The
notations have their usual meaning.
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Exponential smoothing
Winter’s model for seasonality
Holt’s method for trend
None of these
A published solution is not available for this question yet.
Question 28 MCQ · 2.0 marks
Which of the following is not an example of digitization?
Creating the e-copy of a book using Google-Lens
Generating an automated daily sales report across the retail outlets in a state.
Converting a physical 2D sheet to CAD drawing
Converting physical invoice to e-copy
A published solution is not available for this question yet.
Question 29 MCQ · 1.5 marks
Which of the following functions does Logistics Management not cover?
Supply Management
Materials Management
Customer Management
Distribution Management
A published solution is not available for this question yet.
Question 30 MCQ · 1.5 marks
Which of the following is not a form of internet?
Industrial
Commercial
Philanthropic
Consumer
A published solution is not available for this question yet.