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Industry 4.0 · End Term · 1 Sept 2024 · May 2024 term · Set 2

Question 22: Calculate the number of orders per year.

Question 22

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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.

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Question 22 of 33 in the IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M DEGREE AN EXAM QDB3 01 Sep 2024). It carries 1 mark.

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