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2003 Course Materials & Financial Management

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Total No. of Questions : 12] P1327 [Total No. of Pages : 4 [3764]-179 B.E. (Production) MATERIALS AND FINANCIAL MANAGEMENT (411087) (2003 Course) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidate: 1) Answer any three questions from each section. 2) Answers to the two sections should be written in separate answer book. 3) Neat diagrams must be drawn wherever necessary. 4) Figures to the right indicate full marks. 5) Use of logarithmic tables, slide rule, Mollier charts, electronic pocket calculator and steam tables is allowed. 6) Assume suitable data, if necessary. SECTION - I Q1) a) Derive an equation for economic batch quantity for finished good inventory when the back ordering is permitted. [10] b) Explain 'Two bin system' of replenishment. [4] c) Explain the 'Q-system' of replenishment. [4] OR Q2) a) b) Q3) a) b) Write short note on: i) Corporate policy and material management functions. ii) Purchasing under uncertainty. [5] [5] Derive an equation for 'Economic Manufacturing Quantity'. When the replenishment is gradual. State the assumptions? [8] Explain the following terms in relation to logistic management. i) Procurement cycle. ii) Manufacturing support cycle. iii) Physical distribution cycle. [9] Explain briefly various factors to be considered in warehouse design. [7] OR P.T.O. 1

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