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1997 Course Materials Management (Elective I)

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Total No. of Questions : 8] [Total No. of Pages : 2 P 1107 [3664] - 18 B.E. (Production) MATERIALS MANAGEMENT (1997 Course) (Elective - I) Time : 3 Hours] [Max. Marks : 100 Instructions to the candidates: 1) Answer any three 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) 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) Explain purchase cycle in detail with neat flow chart. [10] b) Explain various stores management functions. [6] Q2) a) Explain job plan techniques of value analysis. [10] b) Explain various types of discounts. [6] Q3) a) Define Vendor Rating. Explain briefly the methods of vendor rating.[8] b) Explain and differentiate between centralised store and decentralised store. [8] Q4) Write short note on : a) E - purchasing. b) Ethics in purchasing. c) [18] Vendor development. P.T.O. SECTION - II Q5) a) b) Explain various types of Inventories. [8] A company requires 4000 items annually. The price of that item is Rs. 10. The cost to place an order is Rs. 50 and inventory carrying cost as a percentage of average inventory investment is 18%. [8] Calculate i) Economic Order Quantity. ii) No. of orders. iii) Length of purchase cycle (Assume 300 working days). iv) Annual total cost. Q6) a) b) Q7) a) b) Explain the various costs associated with inventory decisions. [8] Explain waste disposal system. [8] Explain and differentiate between Annual stock taking and continuous [8] stock taking. Explain ABC analysis in detail. Q8) Write short note on : [18] a) Causes of surplus and obsolete stock. b) Supply chain management. c) Stock Recording Process. [3664] - 18 [8] -2-

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