Question 1
Which of the following is not a form of internet?
Industrial
Commercial
Philanthropic
Consumer
The IIT Madras BS Industry 4.0 (Industry 4.0) End Term paper sat on 24 Dec 2023, in the September 2023 term, set ADB3: 34 questions for 45 marks in 180 minutes. Every question is below with its answer. Take it as a timed mock test to be marked, or read it through first.
Which of the following is not a form of internet?
Industrial
Commercial
Philanthropic
Consumer
Correct answer
Philanthropic
What is First Mile in a supply chain?
Movements from Vendor to Distribution centres
Movements from Distribution centres to stores
Movements from stores to customers
Correct answer
Movements from Vendor to Distribution centres
Which of the following facility layout is best suited for manufacturing several different products of similar types using the same production line?
Product layout
Process layout
Fixed position layout
Group layout
Correct answer
Group layout
Which type of layout is preferred for building construction?
Process layout
Product layout
Fixed product layout
None of these
Correct answer
Fixed product layout
Which layout is apt for low volume production of highly customized products?
Product layout
Process layout
Fixed product layout
None of these
Correct answer
Process layout
Identify the Industry 4.0 version of transportation.
IC engine
Electric car
Hyperloop
Steam locomotive
Correct answer
Hyperloop
What are the inputs for an order-upto-level calculation?
Sales forecast
Lead time
On-hand inventory
Safety stock
Correct answers
Sales forecast
Lead time
On-hand inventory
Which of the following is/are considered in the Vehicle Routing Problem but not considered in TSP?
Subtour elimination
Any capacity restrictions
A specific starting point
Distance travelled restriction
Correct answers
Any capacity restrictions
A specific starting point
Which of the following supply chain costs is/are affected by distribution network structure?
Inventory
Transportation
Facilities and handling
Information
Price
Correct answers
Inventory
Transportation
Facilities and handling
Information
Calculate the Metropolitan distance between two machines located at the coordinates A(5,10) and B (2,6) in a shop floor.
Correct answer: 7 (accepted within ±0.2)
Suppose a company wants to expand its logistics network and locate a new warehouse within a network of three existing facilities. The coordinates of the existing warehouses are: A(200,50), B(300,100), C(100,150) and the respective outbound goods volumes are 2500 units, 1300 units, 5000 units. Determine the location of the new warehouse (round off the answer to the nearest integer)
What is the x-coordinate of new warehouse?
Correct answer: 158
A factory works for two 8 hour shifts each day and produces a total of 24,000 electric bulbs using a set of workstations. There are 8 activities required to manufacture the bulb, such that the sum of all activity times is equal to 12 seconds. What is the cycle time (in seconds) at any workstations (round your answer to one decimal place)?
Correct answer: 2.4 (accepted within ±0.1)
Select the correct statements from below:
Optimal solution in a facility location problem using Euclidean method will result in a region
Optimal solution in a facility location problem using Euclidean method rarely matches the center of gravity
Optimal solution in a facility location problem using Euclidean method will result in a point
Optimal solution in a facility location problem using Euclidean method matches the centre of gravity in not of the cases
Correct answers
Optimal solution in a facility location problem using Euclidean method rarely matches the center of gravity
Optimal solution in a facility location problem using Euclidean method will result in a point
Which are the two primary tasks of time series forecasting?
Identifying pattern
Identify variables of interest
Discovering relationships amongst variables of interest
Correct answers
Identifying pattern
Discovering relationships amongst variables of interest
Which of the following example(s) can be referred as seasonal pattern?
Economic recission
Increases Ceiling Fan sales during winters
Increased tourist footfall towards the end of the year
Correct answers
Increases Ceiling Fan sales during winters
Increased tourist footfall towards the end of the year
Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs. 2/year/unit. The estimated annual requirement is 10,000 units at a unit price of Rs. 10. Calculate the given subquestions:
What is the economic order quantity (EOQ)?
Correct answer: 2000
Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs. 2/year/unit. The estimated annual requirement is 10,000 units at a unit price of Rs. 10. Calculate the given subquestions:
Calculate the number of orders per year.
Correct answer: 5
Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs. 2/year/unit. The estimated annual requirement is 10,000 units at a unit price of Rs. 10. Calculate the given subquestions:
Calculate the annual inventory carrying cost.
Correct answer: 2000
Bluescope company estimates its ordering cost at Rs 400 and carrying cost to be Rs. 2/year/unit. The estimated annual requirement is 10,000 units at a unit price of Rs. 10. Calculate the given subquestions:
While rechecked, Bluescope company finds that the order cost should have been 20% more than the currently estimated value. What should be the percentage increase in the EOQ in this case? Enter your answer without the ‘%’ symbol.
Correct answer: 9.5 (accepted within ±0.1)
Consider the following precedence diagram. It has 12 activities. The numbers in blue and within the braces denote the respective activity times in minute.
Answer the given subquestions based on the above diagram.
What is the minimum cycle time of the system? (in minutes)
Correct answer: 12
Consider the following precedence diagram. It has 12 activities. The numbers in blue and within the braces denote the respective activity times in minute.
Answer the given subquestions based on the above diagram.
What is the maximum cycle time of the system? (in minutes)
Correct answer: 85
Consider the following precedence diagram. It has 12 activities. The numbers in blue and within the braces denote the respective activity times in minute.
Answer the given subquestions based on the above diagram.
The factory works for one 8 hour shifts each day. Is it possible to achieve an output of 32 units/day,
Yes
No
Correct answer
Yes
Select the correct form of internet from column B corresponding to the example in Column A.
A1: B3, A2: B2, A3:B4
A1: B2, A2: B3, A3:B1
A1: B3, A2: B2, A3:B1
Correct answer
A1: B3, A2: B2, A3:B1
Exponential smoothing
Winter’s model for seasonality
Holt’s method for trend
None of these
Correct answer
Holt’s method for trend
Which of the following is not an example of digitization?
Creating the e -copy of a book using Google-Lens
Generating an automated daily sales report across the retail outlets in a state.
Converting a physical 2D sheet to CAD drawing
Converting physical invoice to e-copy
Correct answer
Generating an automated daily sales report across the retail outlets in a state.
What does the state variable represent?
The city Ramu should visit next in a stage
The beginning city in every stages
Distance covered upto a given stage
Correct answer
The beginning city in every stages
What does the action set represents?
The city Ramu should visit next in a stage
The beginning city in every stages
Distance covered upto a given stage
Correct answer
The city Ramu should visit next in a stage
What is the objective function value in Stage-2?
Correct answer: 16
What is the optimal route?
1 -> 4 -> 6 -> 7
1 -> 4 -> 5 -> 7
1 -> 3 -> 6 -> 7
1 -> 3 -> 5 -> 7
Correct answer
1 -> 4 -> 5 -> 7
Suppose you need to accept reservation for a flight. There are 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?
Correct answer: 17
Suppose you need to accept reservation for a flight. There are 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 protection level?
Correct answer: 83
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 2 and sells for Rs. 4. Any Diya not sold by Diwali will be discounted to 50 Paisa. From his experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then answer the given sub questions
What is the Critical Ratio? Round off your answer to two decimal places.
Correct answer: 0.55 (accepted within ±0.05)
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 2 and sells for Rs. 4. Any Diya not sold by Diwali will be discounted to 50 Paisa. From his experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then answer the given sub questions
What is the optimal order quantity that minimizes Ramu’s total cost?
Correct answer: 914 (accepted within ±2)
Ramu puts up a stall for Diwali Light (Diya) every year. He builds a Diya at a cost of Rs. 2 and sells for Rs. 4. Any Diya not sold by Diwali will be discounted to 50 Paisa. From his experience, Ramu knows that the demand is Uniformly Distributed within [800, 1000] units. Then answer the given sub questions
Percentage change in the order quantity if the demand support changes to [500,700]? Percentage change = (Q new Qold )/Qold
Enter your answer in percentage without ‘%’ symbol and rounded off to zero decimal. E.g. if your answer is 0.1234 then enter your answer as 12
Correct answer: -33 (accepted within ±3)