Professional Documents
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University of Development Alternativ1
University of Development Alternativ1
5*2=10
a) Inventory
b) Lead time
c) ISO 9000
d) Internal failure cost
e) TQM
f) Job flow time
Group B
Answer any four of the following:
4*10=40
2. Use service Location method to determine the proper sequence of delivering service.
From
Community
A
B
C
D
A
0
11
8
9.5
Miles to Clinic
B
C
11
8
0
10
10
0
7
9
D
12
7
9
0
Population
(in thousand)
10
8
20
12
Relative Weight
1.1
1.4
0.7
1.0
4.Draw network diagram and calculate project duration for the following:
5. Determine schedule using FCFS, SPT and EDD for the following table and calculate average
Processing Time
Due date
20
10
18
25
11
17
35
6. Daytona uses EOQ logic to determine the order quantity for its retail stock and is
planning its annual diamond ring orders. Forecasted annual demand is for 16,900
diamond rings. The setup costs associated with placing and receiving each diamond
ring order is $312.50. It is estimated that the cost to carry a diamond ring in
inventory for a year is $100.00. Calculate the diamond ring EOQ and total cost for
Daytona.
7. a) Define holding cost, ordering cost and shortage cost