engineering recuitment HAL Management & Design Trainee Mock Test 2023 Industrial Engineering Production Planning and Inventory Control
A component can be produced by any of the four processes I, II, III and IV. The fixed cost and the variable cost for each of the processes are listed below. The most economical process for producing a batch of 100 pieces is
|
Process |
Fixed cost (in Rs.) |
Variable cost per piece (in Rs.) |
|
I |
20 |
3 |
|
II |
50 |
1 |
|
III |
40 |
2 |
|
IV |
10 |
4 |
1
I
2
II
3
III
4
IV