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Industry 4.0 · End Term · 10 May 2026 · January 2026 term

Industry 4.0 End Term 10 May 2026 — Question 33

Question 33

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Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 3 and earns Rs.5 by selling each Diya. Any Diya not sold by Diwali will be discounted to Rs. 1. From his experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then answer the given sub-questions:

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Question 33 of 34 in the IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 10 May 2026, in the January 2026 term (Industry 4.0 06 May 26). It carries 1 mark.

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