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Previous year question hub

Engineering Economy and Costing - Operations research and Operations management - Production & Industrial Engineering Previous Year Questions

Practice Engineering Economy and Costing - Operations research and Operations management - Production & Industrial Engineering previous year questions organised from real papers, with year-wise coverage and clear topic navigation.

20Papers
18Years
42Questions
1Topics

Engineering Economy and Costing question pattern

Every graph below is calculated only from this selection.

Questions by year

Compare question counts across years.

Difficulty distribution

How the classified questions are distributed by difficulty.

Easy 32 76.2%
Medium 10 23.8%

Question type distribution

MCQ, numerical, multiple-select and other formats found in these papers.

MCQ 29 69%
Numerical Answer Type (NAT) 13 31%

Subject weightage

Top subjects by unique question coverage.

Production & Industrial Engineering
42 Qs

Most asked topics

Top topics across the included previous year papers.

Operations research and Operations management
42 Qs

Subtopic coverage

Top subtopics inside this exact selection.

Engineering Economy and Costing
42 Qs

Paper coverage

Question coverage for the most populated papers. Every active PYP paper remains listed below.

Production and Industrial Engineering (PI) 2026
2 Qs
Production & Industrial Engineering (PI) 2025
2 Qs
Production & Industrial Engineering (PI) 2024
1 Qs
Production & Industrial Engineering (PI) 2023
1 Qs
Production & Industrial Engineering (PI) 2022
2 Qs
Production & Industrial Engineering (PI) 2021
1 Qs
Production & Industrial Engineering (PI) 2020
1 Qs
Production & Industrial Engineering (PI) 2018
2 Qs
Production & Industrial Engineering (PI) 2017
1 Qs
Production & Industrial Engineering (PI) 2016
1 Qs
Production & Industrial Engineering (PI) 2014
1 Qs
Production & Industrial Engineering (PI) 2013 [Session 1]
2 Qs
Production & Industrial Engineering (PI) 2013 [Session 2]
2 Qs
Production & Industrial Engineering (PI) 2013 [Session 4]
2 Qs
Production & Industrial Engineering (PI) 2012
3 Qs
Production & Industrial Engineering (PI) 2011
4 Qs
Production & Industrial Engineering (PI) 2010
4 Qs
Production & Industrial Engineering (PI) 2009
3 Qs
Production & Industrial Engineering (PI) 2008
5 Qs
Production & Industrial Engineering (PI) 2007
2 Qs

Included previous year papers

Newest papers appear first. Search these papers or sort by year and name.

Paper nameYearPDFAttempt
Production and Industrial Engineering (PI) 20262026
2 questions in this view		2026
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Official documents
Official question paperOriginal authority-issued PDF Official Download Official answer keyOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20252025
2 questions in this view		2025
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ExamElite solutions
Official documents
Official question paperOriginal authority-issued PDF Official Download Official answer keyOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20242024
1 questions in this view		2024
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ExamElite solutions
Official documents
Official question paperOriginal authority-issued PDF Official Download Official answer keyOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20232023
1 questions in this view		2023
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Official documents
Official question paperOriginal authority-issued PDF Official Download Official answer keyOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20222022
2 questions in this view		2022
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Official documents
Official question paperOriginal authority-issued PDF Official Download Official answer keyOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20212021
1 questions in this view		2021
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Official documents
Official question paperOriginal authority-issued PDF Official Download Official answer keyOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20202020
1 questions in this view		2020
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20182018
2 questions in this view		2018
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20172017
1 questions in this view		2017
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20162016
1 questions in this view		2016
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20142014
1 questions in this view		2014
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 2013 [Session 1]2013
2 questions in this view		2013
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 2013 [Session 2]2013
2 questions in this view		2013
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 2013 [Session 4]2013
2 questions in this view		2013
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20122012
3 questions in this view		2012
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20112011
4 questions in this view		2011
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20102010
4 questions in this view		2010
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20092009
3 questions in this view		2009
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20082008
5 questions in this view		2008
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Official documents
Official question paperOriginal authority-issued PDF Official Download
Production & Industrial Engineering (PI) 20072007
2 questions in this view		2007
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Official documents
Official question paperOriginal authority-issued PDF Official Download

All Engineering Economy and Costing previous year questions

Practice every matching question in batches of 20, with every available option.

1
2007 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2007
During an economic analysis of a capital investment proposal, the cost that can be ignored is
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2
2007 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2007
An asset investment is made for Rs. 1,20,000. The uniform costs per year are Rs. 40,000 in operating the asset. Uniform benefits per year are either Rs. 60,000 or Rs. 80,000, judged to be equally likely. What is the expected payback period?
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3
2008 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2008
A reservoir contains an estimated 30,00,000 barrels of oil. The initial cost of the reservoir is Rs. 1,50,00,000. If 2,00,000 barrels of oil are produced from this reservoir during a particular year, how much will be the depletion charge (cost depletion) for that year?
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4
2008 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2008
A machine costing Rs. 2 lakh, (salvage value of the machine at the end of 4 years = 0) is to be depreciated over 4 years using the double declining balance depreciation method. The amount of the depreciation charged in the 3rd year is
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5
2008 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2008
A man has deposited Rs. 1,000 per year for three years in a bank that paid him 5% interest compounded annually. At the end of three years, he had Rs. 3,153 in his account. How much more would he have earned if the bank had paid him 5% interest compounded continuously?
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6
2009 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2009

For a granted patent to last for 20 years, the patent must be

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7
2009 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2009
A spare parts retail shop has sales of Rs. 4,00,000 and a profit of Rs. 50,000 for a product, in its first quarter. The profit volume (PV) ratio is 25%. The margin of safety = profit / PV ratio. The break even point of sales (in Rs.) is
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8
2010 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2010
The ratio of new to old Break Even Sales is
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9
2010 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2010
The firm desires to make a profit equal to the fixed cost of the product. In this scenario, the ratio of new to old Required Sales Volume is
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10
2011 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2011
Which one of the following is NOT a method of calculating depreciation?
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11
2011 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2011
The variable cost (V) of manufacturing a product varies according to the equation V= 4q, where q is the quantity produced. The fixed cost (F) of production of same product reduces with q according to the equation F = 100/q. How many units should be produced to minimize the total cost (V+F)?
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12
2012 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2012
The profit after tax (PAT) is
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13
2012 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2012

The net cash flow is

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14
2012 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2012
The cost function for a product in a firm is given by \(5q^2\), where \(q\) is the amount of production. The firm can sell the product at a market price of ₹50 per unit. The number of units to be produced by the firm such that the profit is maximized is
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15
2013 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2013 [Session 1]
The fixed cost and the variable cost of production of a product are Rs. 20000 and Rs. 50 per unit, respectively. The demand for the item is 500 units. To break even, the unit price of the items in Rs. should be
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16
2013 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2013 [Session 1]
Following data refers to an automat and a center lathe, which are being compared to machine a batch of parts in a manufacturing shop.
AutomatCenter Lathe
Machine Set-up Time in min12030
Machine Set-up Cost in Rs./min800150
Machining Time per piece in min225
Machining Cost in Rs./min500100
Automat will be economical if the batch size exceeds

Question diagram

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17
2013 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2013 [Session 2]

Following data refers to an automat and a center lathe, which are being compared to machine a batch of parts in a manufacturing shop.

AutomatCenter Lathe
Machine Set-up Time in min12030
Machine Set-up Cost in Rs./min800150
Machining Time per piece in min225
Machining Cost in Rs./min500100
Automat will be economical if the batch size exceeds

Question diagram

Open complete paper
18
2013 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2013 [Session 4]
Following data refers to an automat and a center lathe, which are being compared to machine a batch of parts in a manufacturing shop.
AutomatCenter Lathe
Machine Set-up Time in min12030
Machine Set-up Cost in Rs./min800150
Machining Time per piece in min225
Machining Cost in Rs./min500100

Automat will be economical if the batch size exceeds

Question diagram

Open complete paper
19
2014 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2014

A manufacturing company must select a process for its new product, VS-5, from among two alternatives. The following cost data have been gathered.

CostProcess XProcess Y
FixedRs. 10,000Rs. 40,000
VariableRs. 5/unitRs. 2/unit
If the objective is to select a process with the least total cost for a given demand, which one of the following is the most appropriate choice?
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20
2016 · Production & Industrial Engineering · Operations research and Operations management · Engineering Economy and Costing
Production & Industrial Engineering (PI) 2016
In a given year, a restaurant earned INR 38,500 in revenues. In that year, total expenses incurred were INR 30,000 and the depreciation amount was INR 3,200. At 40% tax rate, the net cash flow (in INR) for that year was ____.
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Showing 20 of 33 questions