MIDTERM EXAMINATION

Subject: ENGG 152 Prepared by:

Exam Date: March 12, 2020
Time: 3:00-5:00 Engr. Julius Raul C. Sampaga
Room: 114/116
Name, Yr. & Sec. _________________________

I. Identification: Identify each of the following statement. Write your answer in

the space before the number. (no erasures) . 2pts. Each.
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1. It refers to the activity combining “technical knowledge with the
ability to organize worker, materials, machinery and money.
2. Creative problem solving process of planning, organizing, leading
and controlling an organization to achieve its goals.
3. The process of identifying and choosing alternative courses of
action in a manner appropriate to the demands of the situation.
4. It refers to organizational activities within firm that surrounds
decision making.
5. It refers to variables that are outside the organization and not
typically within the short run control of top management.
6. This term refers to the evaluation of alternatives using any
technique in a group classified as rational and analytical.
7. This term refers to the evaluation of alternatives using intuition
and subjective judgement.
8. An inventory model used to minimize the total cost when
quantity discounts are offered by suppliers.
9. It refers to a model constructed to represent reality, on which
conclusions about real life problems can be used.
10. It is a quantitative technique where samples of populations are
statistically determined used in a process such as quality
control.

II. Problem Solving: Solve each of the following problems.

1. JRS department store stocks scientific calculators; recently the store was given a quantity
discount schedule for the calculators.

Discount No. Discount Quantity Discount Discount Cost

1 0 to 499 0% P1,000
2 500 to 999 10% P900
3 1000 or more 20% P800
Thus, the normal cost for the calculators is P1,000. For orders between 500 and 999
units, the unit cost is P900, and for orders of 1000 or more units is P800. Furthermore, the
ordering cost is P2,500 per order, the annual demand is 4 ,000 calculators, and the
inventory carrying charge as a percentage of cost, I, is 20%. What order
quantity will minimize the total cost? Show your solution and make a
tabulation of result.
Discount Unit Price Order Annual Annual Annual Total Cost
No. Quantity Product Ordering Holding
Cost Cost Cost
1 P1,000
2 P900
3 P800

III. Make an example of operational plan with specific objectives.

Checked by: Approved by:

Engr. Thelma T. Obillo Engr. Harrison R. Flores

Program Head College Dean