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1997 Course Materials Management (Elective I)

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Total No. of Questions : 10] P1504 [Total No. of Pages :2 [3764] - 1017 B.E. (Production & Industrial Engineering) MATERIALS MANAGEMENT (1997 Course) (Elective - I) Time : 3 Hours] [Max. Marks:100 Instructions to the candidates: 1) Answer any 3 questions from each section. 2) Answers to the two sections should be written in separate books. 3) Neat diagrams must be drawn wherever necessary. 4) Figures to the right indicate full marks. 5) Assume suitable data if necessary. SECTION - I Q1) a) What is the scope of purchasing activities in a manufacturing company? Where would you fit purchasing in the materials management function?[8] b) Explain integrated materials management approach with suitable organisation chart. Compare its effectiveness over the other practice ie Decentralisation. [8] Q2) a) b) Q3) a) b) Explain any two laws related to purchasing activities. [8] What is negotiation? What are the objectives of negotation? What are the practices of good negotiation? [8] What is Vendor Development ? Explain in brief. [8] Describe what is Vendor Rating ? [8] Q4) a) What are the factors which affect on import and export trade? Discuss.[8] b) What is Purchase Cycle ? Draw the flow diagram and write down important steps and activities involved. [8] Q5) Write short notes on (any three) : a) Value Engineering. b) Ethics in purchasing. c) Buyer - Seller relationship. d) MRP. [18] P.T.O. SECTION - II Q6) a) Expalin A,B,C. analysis technique used in materials function. [8] b) A company requires 16000 units of raw material costing Rs. 2 per unit. The cost of placing an order is Rs. 45 and the carrying costs are 10% per year per unit of the average inventory. Determine! i) The economic order quantity. ii) Cycle time. iii) Total variable cost of managing the inventory. [8] Q7) a) What is ment by Buffer Stock ? Why it is required? What factors influence buffer stock? [8] b) What are the different factors that should be considered at the time of setting safety stock level. [8] Q8) a) Explain the functions of stores. [6] b) What are the reasons for High finished goods inventories. [6] c) With proper format. Explain Bin card. [6] Q9) a) b) What are inventories? Why are they required in any organisation? Describe the various types of inventories. [8] Discuss the need of physical stock taking in industry. Q10)Write short notes on any three of the following : a) Surplus or obsolescent stock. b) Lead time in purchase. c) J.I.T. d) Two-bin system. e) Codification & standardisation. kbkb [3764]-1017 2 [8] [18]

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