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2003 Course Materials & Financial Management

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Total No. of Questions : 12] [Total No. of Pages : 3 [3664] - 161 P 979 B.E. (Production) MATERIALS AND FINANCIAL MANAGEMENT (2003 Course) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidates: 1) Answer three questions from each section. 2) Answers to the two sections should be written in separate books. 3) Neat diagrams must be drawn wherever necessary. 4) Figures to the right indicate full marks. 5) Use of logarithmic tables, slide rule, Mollier charts, electronic pocket calculator and steam tables is allowed. 6) Assume suitable data, if necessary. SECTION - I Q1) a) b) Explain P-system and Q-system of replenishment state operating parameters and salient features of each system. [8] A dealer has observed the distribution of demand during lead time in respect of certain brand of washing machine as given below DDLT (in units) Frequency 4 8 5 19 6 27 7 25 8 18 9 3 Carrying washing machine unsold during lead time is known to cost Rs. 50. The stockout cost in the form of loss of profit etc is estimated Rs. 200. Determine safety stock level that would involve minimum expected cost. [10] OR Q2) a) Explain Fixed Order Quantity system and Fixed Order Interval System in detail. [8] P.T.O.

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