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June 24 SCM Paper

1. Which one of the following is true for Blue Ocean Strategy?



2. Which of the following Quality Cost is incurred in the process of uncovering defects?



3. BONAS Ltd. adopting a Standard Costing System provides the following information pertaining to Direct Materials for the month of April, 2024. Standard price per unit = 7.20, Actual quantity purchased in units = 3200, Standard quantity allowed for actual production in units = 2900, Material Price Variance on purchase (FAV) = 960. What will be the actual purchase price per unit?



4. The Break Even Sales of GXT Ltd., a manufacturing company, is ₹ 3,75,000, while its fixed cost is ₹ 1,12,500. If the Margin of Safety is 40%, what will be its Profit?



5. The Pay-off Matrix of a game is given below:


Player B
Player A
[3, -1, 4]
[-1, 8, 2]
[16, 8, 6]

What is the value of Game to Player A (using Maximin—Minimax Principle)?



6. BENT Ltd., a manufacturer of components for VCD, has a capacity to produce 4 lakh units. The market demand is sensitive to the sale price and the company could sell 1 lakh units at a price of ₹ 5,000 each. The demand thereafter would double for each ₹ 500 per unit fall in the selling price. If the company expects a minimum margin of 25%, what would be the Target Cost per unit for the company to sell at full capacity utilization?



7. DOXT Ltd., a manufacturing company, is preparing a quotation for a new product. The time taken for the first unit is 30 hours. The company expects an 85% learning curve (Index is 0.2345). The company desires that the quotation should be based on the time taken for the final output within the Learning period which is expected to end after the company has produced 200 units. What will be the time per unit of product to be used for the quotation?
[Given: 199-0.2345 = 0.28901, 200-0.2345 = 0.28867 and 201 -0.2345 = 0.28834]



8. Production overheads of XYZ Ltd. for 500 units of product X are: Machine oriented activity cost: ₹ 1,35,400, Material ordering overheads: ₹ 69,570. Machine hours are 1.50 hours per unit and No. of material orders are 6 per unit. What is the Machine Oriented Cost per unit and Material Ordering Cost per unit respectively?



9. Which of the following is/are not the features of Jedox tool?



10. Analysis of a dataset has revealed the fact that profit of a business has reduced for the financial year 2022-23. What category of data analytics it comes under?



11. A particular job MB requires 800 kgs. of a material. 500 kgs. of the particular material is currently in stock. The original price of the material was ₹ 300 but current resale value of the same has been determined as ₹ 200. The current replacement price of the material is Re. 0.80 per kg., what will be the relevant cost of material for job MB?



12. Total Revenue of ZOM Ltd., from the Sales of the quantity (units) is given by the equation R = 1/3 x3 - x2 + 10x + 5. If the Marginal revenue is 25, what will be the number of sales (in units)?



13. When a maximisation assignment problem is converted to minimisation problem, the resultant matrix is called:



14. The important step(s) required for simulation approach in solving a problem is/are:



15. The expected time for an activity of Project LM is 20 days. If the most likely and pessimistic time are 19 days and 28 days, what will be the variance of the activity?