M451 Supply Chain Management – Inventory Sample Exam Questions
Note that these are sample questions and hence may not reflect the actual topics on your actual exam paper. Also note that your exam paper will contain a mix of qualitative and quantitative questions.
Question 1 |
A home appliance company produces a new line of quiet washing machines with a capacity of 200 washing machines per day. The annual demand is 25000 washing machines and it costs £250 to produce a quiet washing machine. The cost for setting up a production run to make the quiet washing machine is £300. The annual carrying cost is £0.80 per washing machine. Assume that there are 52 weeks and 365 working days in a year. Determine the following: |