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2003 Course Costing, Estimating, Project Management & Operation Research

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Total No. of Questions : 6] P1307 [Total No. of Pages : 4 [3864]-301 B.E. (Printing) COSTING AND ESTIMATING AND PROJECT MANAGEMENT, OPERATION RESEARCH (2003 Course) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidates: 1) 2) 3) 4) 5) 6) All questions are compulsory. Answers to the two sections should be written in separate books. Neat diagrams must be drawn wherever necessary. Figures to the right indicate full marks. Use of logarithmic tables slide rule, Mollier chats, electronic pocket calculator and steam tables is allowed. Assume suitable data, if necessary. SECTION - I Q1) a) How many boards of 25 30 size will be required for making cases for 5000 books in Demy octavo size? [8] b) Comment on the following, Cost is Fact, Profit is Opinion, Price is Policy [8] OR a) Estimate the cloth roll of 98 cms wide and 25 meter in length will be required for making 2500 books in A4 size and with 20 mm spine. [8] b) Explain in detail what all things to be known by an estimator before doing the estimation job with suitable examples. [8] Q2) a) Explain various elements of cost with suitable example. [8] b) Explain the term standard cost and the standard format to find out the composite machine hour rate. [8] OR a) Differentiate between costing and estimation. [8] b) What are the elements of Competitive Environment? Explain any two with suitable examples. [8] P.T.O.

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