Quiz Space

Business Data Management · End Term · 1 Sept 2024 · May 2024 term

Question 23: The Data given is of Shaktimaan Industries who manufactu…

Question 23

+2 marksOne correct option

The Data given is of Shaktimaan Industries who manufacture specialized components for Aerospace application for the month of August 2024.

  • The factory functions for 2 shifts on weekdays and only one shift on Saturdays.

  • Assume a scrap rate of 10% per shift. For example, if a shift produces 152 components, the scrap will be 0.1*152 = 15.2.

    However, since 15.2 scrap components makes no sense, consider it as 16.

  • The Assembly line was designed for a rated capacity of 125 units per shift.

AUGUST 2024

MondayTuesdayWednesdayThursdayFridaySaturdaySunday
1<br>2162<br>2443<br>1394<br>Holiday
5<br>2126<br>2827<br>2488<br>2789<br>28410<br>Power Cut11<br>Holiday
12<br>PM*13<br>24214<br>29615<br>Holiday16<br>28817<br>10618<br>Holiday
19<br>20820<br>24421<br>21222<br>27623<br>20824<br>12325<br>Holiday
26<br>20627<br>27228<br>UPM**29<br>26030<br>27031<br>188

*PM – Planned Maintenance
**UPM – Unplanned Maintenance

Based on the above data, answer the given subquestions.

What is the MAPE of the Thursday shifts?

  1. A

    0.1

  2. B

    0.15

  3. C

    0.2

  4. D

    0.25

Show answer

Correct answer

  • A

    0.1

See the whole paperTake it as a mock test

Question 23 of 23 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M FOUNDATION DIPLOMA FN EXAM QDF1 01 Sep 2024). It carries 2 marks.

More questions from this paper

  1. Q1In the economic flow, what role do households typically play?
  2. Q2What are the roles that the Government plays in the economic circular flow model?
  3. Q3What kind of goods’ demand decreases as income increases?
  4. Q4For the Data Given below, which function would you use to count the number of salespeople who exceeded both their Q1 an…
  5. Q5Which of the following is a comprehensive data source that covers every single household in a country?
  6. Q6Which of the following is an example of a non-government data source?
  7. Q7The number of heavy vehicle driving licenses issued can be used as a _ of the potential market size for trucks. (Fill i…
  8. Q8Which of the following statements best describes the difference between a niche market and a mass market?
  9. Q9What does ABC analysis primarily focus on?
  10. Q10Which of the following statements is not true about the benefits of implementing an ERP system?
  11. Q11Which of the following is typically not a component of the “job description”?
  12. Q12Figure question
  13. Q13Company Orange wants to recruit Software Engineers for its new project. The hiring manager was tasked with choosing the…
  14. Q14When should A/B test be done?
  15. Q15How do online payment companies make money?
  16. Q16What role does personalized recommendation play in nudging consumers on e-commerce sites?
  17. Q17Match the Following
  18. Q18A customer makes a transaction through an online payments platform ‘PayKaro’ using ‘BCCI Bank Credit Card’ in Klipkart …
  19. Q19| SKU | Product Name | Unit Price | Monthly Sales 1 | Monthly Sales 2 | Monthly Sales 3 | Monthly Sales 4 | Monthly Sal…
  20. Q20| SKU | Product Name | Unit Price | Monthly Sales 1 | Monthly Sales 2 | Monthly Sales 3 | Monthly Sales 4 | Monthly Sal…
  21. Q21| SKU | Product Name | Unit Price | Monthly Sales 1 | Monthly Sales 2 | Monthly Sales 3 | Monthly Sales 4 | Monthly Sal…
  22. Q22The Data given is of Shaktimaan Industries who manufacture specialized components for Aerospace application for the mon…