Q1. Illustrate some of the generally accepted well defined problems of QR and prepare down the features of the operations Research?
Q2. Illustrate the assumptions generally made while dealing with the sequencing problems?
Q3. Illustrate the different costs comprised in inventory problems that will help in judging the probability of the inventory control system.
Q4. Illustrate the three types of replacement problems and also illustrate the two replacement policies?
Q5. A particular item has a demand of 9000 units year. The cost of procurement is Rs 100 and the holding cost per unit is Rs 2.40 per year. The replacement is immediate and no shortages are permitted. Find out:
a) Economic lot size
b) Number of orders per year
c) Time between orders
d) Total cost per year if the cost of one unit is Re. 1