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QUALITY STANDARDS AND POLICY
.
Q.1) The mean value of the modulus of rupture of a
large number of test specimens of green Sitka spruce has been found to be 5,600
Ib/in2.
1.
a) If the standard deviation is 840 Ib/in2 & the distribution is
approximately normal, the modulus of rupture will fall between 5,000 &
6,200 for what percentage of the specimens?
2.
b) For what percentage will it be above 4,000?
3.
c) Below 3,500? (5 Marks)
Q.2) a) How many different hands of a 13-card might
you have out of standard deck of 52 playing cards?
1.
b) What is the probability of a 13-card hand containing all four aces?
2.
c) What is the probability of a 13-card hand without an ace, king,
queen, or jack?
3.
d) What is the probability of a 13-card hand containing one or more
aces? (5 Marks)
Q.3) An acceptance plan calls for the inspection of
a sample of 75 articles out of a lot of 1,500. If there are no nonconforming
articles in the sample, the lot is accepted; with 7 or more, it is rejected. If
a lot 5% nonconforming is submitted, what is the probability that it will be
rejected? Solve using the poisson distribution as an app (5 Marks)
Q.4) Random Samples of 100 items are drawn from a
continuous process that is known to produce 20% nonconforming items. Determine
the probability of finding exactly 15 nonconforming items in a sample:
1.
a) Using the exact binomial distribution.
2.
b) Using the normal approximation to the binomial.
3.
c) Using the poisson approximation to the binomial.
4.
d) Comment on the relative accuracy of the approximations.
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SHIPPING MANAGEMENT
1) what are quality Management Systems? (Marks 10)
2) Explain Impact of Competition on rates? (Marks
10)
3) Describe the complete structure of shipping
Operations? (Marks 10)
4) Explain the following in brief? (Marks 10)
1.
a) Bulk Cargo market.
2.
b) Iron Ore trade.
3.
c) Coal trade.
4.
d) Grain Trade.
5.
e) Shipping Demand Forecast.
6.
f) Operating Cost.
7.
g) Ship Market.
8.
h) Freight Market.
5) Explain Financial Management with the help of
the following points. (Marks 20)
1.
a) Debt Equity Mix and Dividend.
2.
b) Treasury Function.
3.
c) Funds from international sources.
4.
d) Trading activities.
5.
e) Shipping Business.
6.
f) Buying and selling of ships.
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Quantitative Methods
Q1. Find dy/dx of the following cases 1. y=x2 log
x. 2. log x /x.
Q2. At what percent per
annum will a sum of money double in 8 years ?
Q3. Find the present value
of annuity of Rs . 1500 payable are the end of every year for 11years at 7%
p.a. Com pound interest.
Q4. Evaluate ∫
(3×2-6x+10)12 (x-1) dx
|
Q5. A revenue function is given by R=
35x-2×2 where R is the revenue and x is the quantity. What value of
x maximises revenue? What is the Maxim um Revenue?
Q6. If a person deposits on
a recurring deposit scheme, monthly Rs . 1500 for 4 years at 15% per annum ,
what would be the s um that can be received at the end of 4 years .
Q7. An insurance company
allows interest at 10% p.a., com pounded annually. What initial payment will
enable a person to purchase perpetuity of Rs .1500 per annum ?
Q8. What is a linear
programming problem ? Discus s the s cope and role of linear programming in
solving management problem s . Discus s and describe the role of linear
programming in managerial decision-making bringing out limitations , if any.
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SIX SIGMA QUALITY STANDARDS
Q.1) Explain the hyped six sigma? (10 Marks)
Q.2) Explain the benefits of ultimate Six Sigma.
(10 Marks)
Q.3) Explain hyped Six Sigma weakness area by area.
(10 Marks)
Q.4) Which are the infrastructure to capture
maximum customer vality? (10 Marks)
Q.5) Explain 10 steps process in constructing &
Empowerment infrastructure? (10 Marks)
Q.6) Types of majorment? (10 Marks)
Q.7) Explain Design Quality Liliability? (10 Marks)
Q.8) Explain the Escalating important of Supply
Chain Management?
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WARE HOUSE MANAGEMENT
Q.1} If you are in charge of an warehousing
department what steps you will take to understand, its
basic and formulate and structure? (10 Marks)
Q.2} “Haphazard’ inventory management is great
cost. How will you take care of:- (10 Marks)
(i) FMCG Goods
(ii) Perishable Goods
(iii) White Goods
Q.3} As an auditor what will recommend for:- (10
Marks)
(i) Unaccounted good
(ii) In process losses
Q.4} Enumerate five major steps to put Management
Control System for:- (10 Marks)
(i) In flow material
(ii) Scrap Materials
(iii) Issue and receipt of material
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