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Previous Year Paper

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CAT-2007-Previous Years Paper

Question
19 out of 25
 

The following table shows the break-up of actual costs incurred by a company in last five years (year 2002 to year 2006) to produce a particular product.

 

Year 2002

Year 2003

Year 2004

Year 2005

Year 2006

Volume of production and sale (units)

Cost (Rs)

1,000

900

1,100

1,200

1,200

Material

50,000

45,100

55,200

59,900

60,000

Labour

20,000

18,000

22,100

24,150

24,000

Consumables

2,000

2,200

1,800

1,600

1,400

Rent of building

1,000

1,000

1,100

1,100

1,200

Rates and taxes

400

400

400

400

400

Repair and maintenance expenses

800

820

780

790

800

Operating cost of 
machines

30,000

27,000

33,500

36,020

36,000

Selling and marketing expenses

5,750

5,800

5,800

5,750

5,800

 

The production capacity of the company is 2000 units. The selling price for the year 2006 was Rs 125 per unit. Some costs change almost indirect proportion to the change in volume of production, while others do not follow any obvious pattern of change with respects to the volume of production and hence, are considered fixed. Using the information provided for the year 2006 as the basis for projecting the figures for the year 2007, answer the following questions:


What is the minimum number of units that the company needs to produce and sell to avoid any loss?



A 313
B 350
C 384
D 747

Ans. C

CAT-2007-Previous Years Paper Flashcard List

25 flashcards
1)
The table below shows the comparative costs, (in US dollars) of major surgeries in USA and selected few Asian countries. Comparative Costs in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 1,30,000 10,000 11,000 18,500 9,000 Heart Valve Replacement 1,60,000 9,000 10,000 12,500 9,000 Angioplasty 57,000 11,000 13,000 13,000 11,000 Hip Replacement 43,000 9,000 12,000 12,000 10,000 Hysterectomy 20,000 3,000 4,500 6,000 3,000 Knee Replacement 40,000 8,500 1,000 13,000 8,000 Spinal Fusion 62,000 5,500 7,000 9,000 6,000 The equivalent of one US Dollar in the local currencies is given below: 1 US Dollar Equivalent India 40.928 Rupees Malaysia 3.51 Ringits Thailand 32.89 Bahts Singapore 1.53 S Dollars   A consulting firm found that the quality of the health services were not the same in all the countries above. A poor quality surgery may have significant repercussions in future, resulting in more cost in correcting mistakes. The cost of poor quality of surgery is given in the table below:   Comparative Cost of Poor Quality in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 0 3 3 2 4 Heart Valve           Replacement 0 5 4 5 5 Angioplasty 0 5 5 4 6 Hip Replacement 0 7 5 5 8 Hysterectomy 0 5 6 5 4 Knee Replacement 0 9 6 4 4 Spinal Fusion 0 5 6 5 6 Approximately, what difference in amount in Bahts will it make to a Thai citizen if she were to get a hysterectomy done in India instead of in her native country, taking into account the cost of poor quality? It costs 7500 Bahts for one-way travel between Thailand and India. A 23500B 40500C 57500D 67500
2)
The table below shows the comparative costs, (in US dollars) of major surgeries in USA and selected few Asian countries. Comparative Costs in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 1,30,000 10,000 11,000 18,500 9,000 Heart Valve Replacement 1,60,000 9,000 10,000 12,500 9,000 Angioplasty 57,000 11,000 13,000 13,000 11,000 Hip Replacement 43,000 9,000 12,000 12,000 10,000 Hysterectomy 20,000 3,000 4,500 6,000 3,000 Knee Replacement 40,000 8,500 1,000 13,000 8,000 Spinal Fusion 62,000 5,500 7,000 9,000 6,000 The equivalent of one US Dollar in the local currencies is given below: 1 US Dollar Equivalent India 40.928 Rupees Malaysia 3.51 Ringits Thailand 32.89 Bahts Singapore 1.53 S Dollars   A consulting firm found that the quality of the health services were not the same in all the countries above. A poor quality surgery may have significant repercussions in future, resulting in more cost in correcting mistakes. The cost of poor quality of surgery is given in the table below:   Comparative Cost of Poor Quality in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 0 3 3 2 4 Heart Valve           Replacement 0 5 4 5 5 Angioplasty 0 5 5 4 6 Hip Replacement 0 7 5 5 8 Hysterectomy 0 5 6 5 4 Knee Replacement 0 9 6 4 4 Spinal Fusion 0 5 6 5 6 Taking the cost of poor quality into account, which country/countries will be the most expensive for knee replacement? A IndiaB ThailandC MalaysiaD Singapore
3)
The table below shows the comparative costs, (in US dollars) of major surgeries in USA and selected few Asian countries. Comparative Costs in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 1,30,000 10,000 11,000 18,500 9,000 Heart Valve Replacement 1,60,000 9,000 10,000 12,500 9,000 Angioplasty 57,000 11,000 13,000 13,000 11,000 Hip Replacement 43,000 9,000 12,000 12,000 10,000 Hysterectomy 20,000 3,000 4,500 6,000 3,000 Knee Replacement 40,000 8,500 1,000 13,000 8,000 Spinal Fusion 62,000 5,500 7,000 9,000 6,000 The equivalent of one US Dollar in the local currencies is given below: 1 US Dollar Equivalent India 40.928 Rupees Malaysia 3.51 Ringits Thailand 32.89 Bahts Singapore 1.53 S Dollars   A consulting firm found that the quality of the health services were not the same in all the countries above. A poor quality surgery may have significant repercussions in future, resulting in more cost in correcting mistakes. The cost of poor quality of surgery is given in the table below:   Comparative Cost of Poor Quality in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 0 3 3 2 4 Heart Valve           Replacement 0 5 4 5 5 Angioplasty 0 5 5 4 6 Hip Replacement 0 7 5 5 8 Hysterectomy 0 5 6 5 4 Knee Replacement 0 9 6 4 4 Spinal Fusion 0 5 6 5 6 A US citizen is hurt in an accident and requires an angioplasty, hip replacement and a knee replacement. Cost of foreign travel and stay is not a consideration since the government will take care of it. Which country will result in the cheapest package, taking cost of poor quality into account? A IndiaB ThailandC MalaysiaD Singapore
4)
The table below shows the comparative costs, (in US dollars) of major surgeries in USA and selected few Asian countries. Comparative Costs in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 1,30,000 10,000 11,000 18,500 9,000 Heart Valve Replacement 1,60,000 9,000 10,000 12,500 9,000 Angioplasty 57,000 11,000 13,000 13,000 11,000 Hip Replacement 43,000 9,000 12,000 12,000 10,000 Hysterectomy 20,000 3,000 4,500 6,000 3,000 Knee Replacement 40,000 8,500 1,000 13,000 8,000 Spinal Fusion 62,000 5,500 7,000 9,000 6,000 The equivalent of one US Dollar in the local currencies is given below: 1 US Dollar Equivalent India 40.928 Rupees Malaysia 3.51 Ringits Thailand 32.89 Bahts Singapore 1.53 S Dollars   A consulting firm found that the quality of the health services were not the same in all the countries above. A poor quality surgery may have significant repercussions in future, resulting in more cost in correcting mistakes. The cost of poor quality of surgery is given in the table below:   Comparative Cost of Poor Quality in USA and Some Asian Countries (in US Dollars ’000) Procedure USA India Thailand Singapore Malaysia Heart Bypass 0 3 3 2 4 Heart Valve           Replacement 0 5 4 5 5 Angioplasty 0 5 5 4 6 Hip Replacement 0 7 5 5 8 Hysterectomy 0 5 6 5 4 Knee Replacement 0 9 6 4 4 Spinal Fusion 0 5 6 5 6 The rupee value increases to Rs 35 for a US Dollar, and all other things including quality, remain the same. What is the approximate difference in cost, in US Dollars, between Singapore and India for a Spinal Fusion, taking this change into account? A 700B 2500C 4500D No difference
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