Question 45

PINAT2 marksNeeds review
The annual demand of an item is 19845 units and the production rate is 100 units per day. The per-unit production cost (excluding setup cost) is Rs. 50, the per unit holding cost is Rs. 10 per year and setup cost is Rs. 520 per setup. To minimize the total annual cost, the optimum quantity to be produced per setup is _____

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2018PI

GATE PI 2018 · Paper 1

Production and Industrial Engineering · Original paper archive

Section
Production and Industrial Engineering
Question type
Numerical answer (NAT)
Marks
2 marks

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