Question 1

THIS IS QUESTION PAPER FOR THE SUBJECT "DEGREE LEVEL : INDUSTRY 4.0 (COMPUTER BASED EXAM)" ARE YOU SURE YOU HAVE TO WRITE EXAM FOR THIS SUBJECT? CROSS CHECK YOUR HALL TICKET TO CONFIRM THE SUBJECTS TO BE WRITTEN. (IF IT IS NOT THE CORRECT SUBJECT, PLS CHECK THE SECTION AT THE TOP FOR THE SUBJECTS REGISTERED BY YOU) In a EOQ calculation, the estimated and actual parameter values are given in Table 1. What is the error in the EOQ calulation {error= (Qestimated - Qactual)/ Qactual }. (round your answer to two decimal without the percentage sign e,g, enter 10.12 if your answer is 10.12 %, enter -10.12 if your answer is -10.12%) In a EOQ calculation, the estimated and actual parameter values are given in Table 1. What is the error in the EOQ calulation {error= (Qestimated - Qactual)/ Qactual }. (round your answer to two decimal without the percentage sign e,g, enter 10.12 if your answer is 10.12 %, enter -10.12 if your answer is -10.12%) In a EOQ calculation, the estimated and actual parameter values are given in Table 1. What is the error in the EOQ calul Suppose you need to accept reservation for a flight. There is 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?