Industry 4.0 · End Term · May 2024 · FN

Match Column A with Column B (country of origin)

Geet Mobile manufactures mobile phones of various types. Their product portfolio comprises of 15 types of headsets. These headsets comprise of limited types of components. Only a few of the components needs customization for different headsets. Which facility layout will best suit for Geet Mobile’s production?

Mahesh is shopping in a departmental store. He has a list of items which he prepared at home itself. He picked a few packets of tea as part of his list. He could see coffee packets and milk- powder packets in the neighbouring shelves. He picked a few milk-powder packets, however these are not part of his list. While standing in the queue for billing, he noticed Uncle Chips packets lying nearby and grabbed a couple of packets. Now map the scenarios with the items below:

Which of the following is not an example of digitization?

Select the correct form of internet from column B corresponding to the example in Column A.

Which are the two primary tasks of time series forecasting?

Select the correct statements from below:

Which of the following example(s) can be referred as seasonal pattern?

Select the appropriate purposes of facility layout from the list below:

There are four demand points at A(1,2), B(2,3), C(3,5), D(4,1). The respective demand at these points are 7, 1, 3, 5. Select the optimal location based on cross-median approach.

Select the demerits of outsourcing from the following list.

Which of the following is/are considered in the Vehicle Routing Problem but not considered in TSP?

Which of the following supply chain costs is/are affected by distribution network structure?

A factory works for two 8-hour shifts each day and produces a total of 24,000 electric bulbs using a set of workstations. There are 8 activities required to manufacture the bulb, such that the sum of all activity times is equal to 12 seconds. How many workstations are required to maintain the specified level of production (assuming that activities can be combined into those workstations in any order) (enter your answer in numeric value)?

Calculate the Euclidean distance between two machines located at the coordinates A(5,10) and B(2,6) in a shop floor.

What is the full form of SAAS? **NOTE:**Enter the exact answer without any space in the beginning or at the end.

Suppose you need to accept reservation for a flight. There are total 100 seats in the aircraft. You have two classes of passengers - economy and business. One economy seat gets you 2,500 Rs of revenue while a business seat gets 7,500 Rs. From your experience, you know the demand for business travellers follows a uniform distribution in [10,20]. Then answer the given subquestions:

What is the Booking limit?

Suppose you need to accept reservation for a flight. There are total 100 seats in the aircraft. You have two classes of passengers - economy and business. One economy seat gets you 2,500 Rs of revenue while a business seat gets 7,500 Rs. From your experience, you know the demand for business travellers follows a uniform distribution in [10,20]. Then answer the given subquestions:

What is the protection level?

Limat Ltd. wants to determine its order quantity for one of its components. The annual consumption for the component is 80,000 units and its purchasing price is Rs. 50 per unit. The cost of placing an order is Rs. 1,200 and carrying cost per unit is 6% of the purchasing price. Based on the above data, answer the given subquestions.

Calculate the Economic Order Quantity (EOQ).

Limat Ltd. wants to determine its order quantity for one of its components. The annual consumption for the component is 80,000 units and its purchasing price is Rs. 50 per unit. The cost of placing an order is Rs. 1,200 and carrying cost per unit is 6% of the purchasing price. Based on the above data, answer the given subquestions.

Calculate the number of orders per year.

Limat Ltd. wants to determine its order quantity for one of its components. The annual consumption for the component is 80,000 units and its purchasing price is Rs. 50 per unit. The cost of placing an order is Rs. 1,200 and carrying cost per unit is 6% of the purchasing price. Based on the above data, answer the given subquestions.

Calculate the annual order cost.

Limat Ltd. wants to determine its order quantity for one of its components. The annual consumption for the component is 80,000 units and its purchasing price is Rs. 50 per unit. The cost of placing an order is Rs. 1,200 and carrying cost per unit is 6% of the purchasing price. Based on the above data, answer the given subquestions.

Calculate the annual inventory carrying cost.

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?

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?

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?

The owner of a newsstand wants to determine the number of newspapers of USA Now to be stocked at the start of each day. The owner pays 30 cents for a copy and sells it for 75 cents. The sale of the newspaper typically occurs between 7:00 and 8:00 am. Newspaper left at the end of the day are recycled for an income of 5 cents a copy. How many copies should the owner stock every morning, assuming that the demand for the day can be described as: Based on the above data, answer the given subquestions.

A normal distribution with mean 300 copies and standard deviation 20 copies. [Standard_Norm_inv(critical fractile)=0.643]

The owner of a newsstand wants to determine the number of newspapers of USA Now to be stocked at the start of each day. The owner pays 30 cents for a copy and sells it for 75 cents. The sale of the newspaper typically occurs between 7:00 and 8:00 am. Newspaper left at the end of the day are recycled for an income of 5 cents a copy. How many copies should the owner stock every morning, assuming that the demand for the day can be described as: Based on the above data, answer the given subquestions.

A discrete distribution pdf, f(D), defined as