Industry 4.0 · End Term · Sep 2022 · FN

Match the layout to the type of industry it can (most predominantly) be used in

Pranjal 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 on the neighbouring shelves. He picked a few milk-powder packets. However, these were not part of his list. He was searching for Good-day biscuits. He could identify only one packet on the shelf. However, there were a lot of Sun-feast biscuits lying on the next shelf. So, he picked ten Sun-feast packets. Now map the scenarios with the items below:

Location problem is not dependent on which of the following factors?

Which of them is not a part of the 7 principles of IoT:

The ten activities specified below are to be performed to make a product. Then answer the given subquestions.

Which of the following is/are an allowable grouping of activities to produce the product if the target is to produce a product every 20 minutes?

The ten activities specified below are to be performed to make a product. Then answer the given subquestions.

What is the balance delay for the line (or lines) identified in the previous question? (Enter your answer in % rounded to two decimal places, without the percentage symbol. Eg. If you compute the answer as 0.10005, then enter 10.01 as your answer)

The ten activities specified below are to be performed to make a product. Then answer the given subquestions.

If a day has 2 shifts and each shift is for 5 hours, then what is the maximum output per day that can be achieved from the layout(s) chosen as per the previous question number 6?

The Bellman equation is solved using backward recursion for a 3-period inventory model. The ordering cost is Rs. 2500 per order; the inventory holding cost is Rs. 250 per unit per period; the material cost is Rs. 15,000 per unit, and the item is sold at Rs. 20,000 per unit. The inventory can hold at most 30 units at any given period. Then answer the given subquestions.

There are 10 units at the start of the second period and the demand in the period is 20 units. The possible future profit is Rs. 7,47,500 irrespective of how many units are in the inventory at the end of the second period. Then what is the maximum profit that can be generated up to period 2 (when the possible actions are restricted to ordering either 0, 10 or 20 units in period 2)? (Hint: You are to choose the best profit using backward recursion) (Note: Enter the numerical answer in Rupees, without the “Rs.” notation. Eg. If you get a profit of Rs. two thousand (Rs. 2000), enter the answer as 2000)

The Bellman equation is solved using backward recursion for a 3-period inventory model. The ordering cost is Rs. 2500 per order; the inventory holding cost is Rs. 250 per unit per period; the material cost is Rs. 15,000 per unit, and the item is sold at Rs. 20,000 per unit. The inventory can hold at most 30 units at any given period. Then answer the given subquestions.

If demand in the second period is not deterministic and follows a distribution as given in the table below, then what is the probability, that period 2 will end with 0 units in inventory if period 2 starts with 10 units in inventory and an order is placed for 20 units? (Hint: You need to find the transition probability that period-3 will begin with 0 units of inventory if period 2 starts with 10 units in inventory and an order of 20 units is placed in period 2)

(Note: Enter your answer in decimal values only.)

Let us assume a flight with capacity c =100 (identical seats), and the price for economy passengers is $200, and the price for business passengers is $600. If the demand for business passengers is uniformly distributed between [10,40], then answer the given subquestions.

What is the protection level? (Round your answer to the nearest higher integer. For example, if the answer is 10.5 round it to 11)

Let us assume a flight with capacity c =100 (identical seats), and the price for economy passengers is $200, and the price for business passengers is $600. If the demand for business passengers is uniformly distributed between [10,40], then answer the given subquestions.

What is the booking limit? (Round your answer to the nearest higher integer. For example, if the answer is 10.5 round it to 11)

A company needs to ship two products (A and B) to a foreign country. Two models of transport (Air and Sea) are available for shipping. The demand in the foreign market is stable at 100 units per week for each of the two products. Products A and B cost Rs. 20,000 and Rs. 10,000 respectively. If the company chooses to use air as the mode of transport, then it must ship 100 units in every shipment. On the other hand, if Sea is chosen as the mode of transport, then the shipment size must be 400 units. Air shipments take 1 week to reach the destination while Sea shipments take 4 weeks. Items shipped by Air incur a cost of Rs. 360 per unit and those shipped by Sea incur Rs. 90 per unit. If the company incurs 20% of the per unit cost for a product as the cost to hold the item in inventory for a year, answer the given subquestions. (Assume that a year has 52 weeks)

When shipping Product-B by Air, what is the total inventory in the system?

A company needs to ship two products (A and B) to a foreign country. Two models of transport (Air and Sea) are available for shipping. The demand in the foreign market is stable at 100 units per week for each of the two products. Products A and B cost Rs. 20,000 and Rs. 10,000 respectively. If the company chooses to use air as the mode of transport, then it must ship 100 units in every shipment. On the other hand, if Sea is chosen as the mode of transport, then the shipment size must be 400 units. Air shipments take 1 week to reach the destination while Sea shipments take 4 weeks. Items shipped by Air incur a cost of Rs. 360 per unit and those shipped by Sea incur Rs. 90 per unit. If the company incurs 20% of the per unit cost for a product as the cost to hold the item in inventory for a year, answer the given subquestions. (Assume that a year has 52 weeks)

When shipping Product-B by Sea, what is the total inventory in the system?

A company needs to ship two products (A and B) to a foreign country. Two models of transport (Air and Sea) are available for shipping. The demand in the foreign market is stable at 100 units per week for each of the two products. Products A and B cost Rs. 20,000 and Rs. 10,000 respectively. If the company chooses to use air as the mode of transport, then it must ship 100 units in every shipment. On the other hand, if Sea is chosen as the mode of transport, then the shipment size must be 400 units. Air shipments take 1 week to reach the destination while Sea shipments take 4 weeks. Items shipped by Air incur a cost of Rs. 360 per unit and those shipped by Sea incur Rs. 90 per unit. If the company incurs 20% of the per unit cost for a product as the cost to hold the item in inventory for a year, answer the given subquestions. (Assume that a year has 52 weeks)

What is the total cost that is incurred for the movement of Product-A by Air (enter your answer in Lakh of rupees without the rupee symbol and punctuations. E.g: If you get an answer as “1 Lakh”, then enter 100000)?

A company needs to ship two products (A and B) to a foreign country. Two models of transport (Air and Sea) are available for shipping. The demand in the foreign market is stable at 100 units per week for each of the two products. Products A and B cost Rs. 20,000 and Rs. 10,000 respectively. If the company chooses to use air as the mode of transport, then it must ship 100 units in every shipment. On the other hand, if Sea is chosen as the mode of transport, then the shipment size must be 400 units. Air shipments take 1 week to reach the destination while Sea shipments take 4 weeks. Items shipped by Air incur a cost of Rs. 360 per unit and those shipped by Sea incur Rs. 90 per unit. If the company incurs 20% of the per unit cost for a product as the cost to hold the item in inventory for a year, answer the given subquestions. (Assume that a year has 52 weeks)

What is the total cost that is incurred for the movement of Product-A by Sea (enter your answer in Lakh of rupees without the rupee symbol and punctuations. E.g: If you get an answer as “1 Lakh”, then enter 100000)?

During COVID, a company had asked its salesman to visit a set of locations (L1 to L5) to carry out the business. Now, post-COVID, business is picking up. Hence, the company is planning on hiring more salesmen. However, all salesmen must come to the office (OF) every day before leaving for the different locations, and return back to the office (OF) at the end of the day. Given the distance matrix for the locations set as below, answer the given subquestions.

Then, during COVID, which of the following route(s) would have been best for the salesman?

During COVID, a company had asked its salesman to visit a set of locations (L1 to L5) to carry out the business. Now, post-COVID, business is picking up. Hence, the company is planning on hiring more salesmen. However, all salesmen must come to the office (OF) every day before leaving for the different locations, and return back to the office (OF) at the end of the day. Given the distance matrix for the locations set as below, answer the given subquestions.

Post-COVID, if a salesman should not travel more than 10 Kilometers in a day, then how many salesmen will have to be hired by the company to visit all the locations every day?

300 units of an LCD TV are sold every day in a store. Each LCD TV is produced at a cost of Rs. 500. A fixed cost of Rs. 1000 is incurred for a lot (irrespective of the number of items in the lot) to produce it. 20% of the cost to produce the LCD TV is incurred to store the LCD TV in the inventory for one year. If the LCD TV is sold for 300 days a year. Based on the above data and answer the given subquestions.

What is the economic order quantity for the LCD TVs?

300 units of an LCD TV are sold every day in a store. Each LCD TV is produced at a cost of Rs. 500. A fixed cost of Rs. 1000 is incurred for a lot (irrespective of the number of items in the lot) to produce it. 20% of the cost to produce the LCD TV is incurred to store the LCD TV in the inventory for one year. If the LCD TV is sold for 300 days a year. Based on the above data and answer the given subquestions.

What is the average inventory that must be carried for the LCD TVs?

300 units of an LCD TV are sold every day in a store. Each LCD TV is produced at a cost of Rs. 500. A fixed cost of Rs. 1000 is incurred for a lot (irrespective of the number of items in the lot) to produce it. 20% of the cost to produce the LCD TV is incurred to store the LCD TV in the inventory for one year. If the LCD TV is sold for 300 days a year. Based on the above data and answer the given subquestions.

How many orders will be placed for LCD TVs?

Which of the following statements is/are true? Choose all that are applicable

Objective of the p-median problem is to _________. Choose all that are applicable

Which of the following is Digitization?

What is Digitalization? Choose all that are applicable

Select the correct segment of a supply chain from Column B for the movement types in Column A. Note that one-to-one mapping in the table is not necessary.