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Industry 4.0 Quiz 2: 23 November 2025 (September 2025 term)

Question 1

+1 markOne correct option

Choose the correct term from the Column B for the description given in Column A. Note that one to-one mapping in the table is not necessary.

Column AColumn B
a.1 You can order a mobile phone on Amazon, but can collect the product from the showroomb.1 Impulse buying
a.2 To go to the office, you require a formal pair of trousers. While searching for trousers on Myntra, you came across a leather belt that perfectly complemented your chosen trousers, prompting you to make the purchase.b.2 Multi-channel retailing
a.3 After acquiring a new mobile phone, you considered safeguarding it from scratches by investing in a phone cover. Now, the phone and the phone-cover are---b.3 Complementary product
b.4 Omni-channel retailing
b.5 Substitution product
b.6 Inventory-dependent demand
  1. A

    a.1 : b.4, a.2. : b.3, a.3: b.1

  2. B

    a.1 : b.4, a.2. : b.1, a.3: b.3

  3. C

    a.1 : b.4, a.2. : b.1, a.3: b.5

Question 2

+1 markNumerical answer

In a EOQ calculation, the estimated and actual parameter values are given in Table 1. What is the error in the EOQ calulation {error= (Qestimated - Qactual)/ Qactual }. (round your answer to two decimal without the percentage sign eg, enter 10.12 if your answer is 10.12 %)

Question 3

+1 markOne correct option

Match the following columns by selecting the correct name from Column B for the labels in column A which are depicted in the ‘Figure: EOQ model’ below:

  1. A

    A:Cost; B:Quantity; C:Total Cost; D:Carrying cost; E:Order cost; F:EOQ(Q*)

  2. B

    A:Cost; B:Quantity; C:Total cost; D:Order cost; E:Carrying cost; F:EOQ(Q*)

  3. C

    A:Quantity; B:Cost; C:Total Cost; D:Carrying cost; E:Order cost; F:EOQ(Q*)

  4. D

    A:Cost; B:Quantity; C:Total Cost; D:Order cost; E:Carrying cost; F:EOQ(Q*)

  5. E

    A:Cost; B:EOQ(Q*); C:Total Cost; D:Order cost; E:Carrying cost; F:Quantity

  6. F

    A:Total cost; B:EOQ(Q*); C:Cost; D:Order cost; E:Carrying cost; F:Quantity

  7. G

    A:Total cost; B:Quantity; C:Cost; D:Carrying cost; E:Order cost; F: EOQ(Q*)

16 more questions in this paper

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More on the Industry 4.0 Quiz 2 23 Nov 2025 paper

The IIT Madras BS Industry 4.0 (Industry 4.0) Quiz 2 paper sat on 23 Nov 2025, in the September 2025 term: 19 questions for 20 marks in 120 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureIndustry 4.0 Quiz 2 23 Nov 2025 at a glance
TermSeptember 2025 term
SubjectIndustry 4.0
Course codeBSMS4001
Questions19
Marks20
Duration120 min
MCQ8
Numerical8
MSQ3
Official paperIIT M DEGREE AN EXAM QDB2 23 Nov 2025 NEW
Negative markingNo negative marking.
Updated

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