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Industry 4.0 · Quiz 2 · 16 Mar 2025 · January 2025 term · Set 1

Question 9: What should be the order quantity which minimizes the tot…

Question 9

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Slipline Co. requires 1500 units of plastic ribbon per month. Each plastic ribbon costs Rs. 27 in the market. Placing an order costs Rs. 150 to Slipline Co. and the inventory carrying charges work out to 20% of the unit ribbon cost per year. Based on the above data, answer the given subquestions.

What should be the order quantity which minimizes the total cost to Slipline Co.

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Question 9 of 18 in the IIT Madras BS Industry 4.0 (Industry 4.0) Quiz 2 paper sat on 16 Mar 2025, in the January 2025 term (IIT M DEGREE AN EXAM QDB4 16 Mar 2025). It carries 2 marks.

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