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1997 Course Materials Management (Elective I)

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Total No. of Questions : 9] P1127 [Total No. of Pages : 2 [3864] - 18 B.E. (Production & Industrial Engg.) MATERIALS MANAGEMENT (1997 Course) (Elective - I) (411085) 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) Assume suitable data, if necessary. 5) Figures to the right indicate full marks. SECTION - I Q1) a) Explain the interdepartmental Relationship of purchase department with the other department of manufacturing organisation. [8] b) Explain purchase cycle with proper flow chart. Enlist the documents used in purchase cycle. [8] Q2) a) Explain the importance of materials managements function in manufacturing organisation. State its objectives and various techniques and tools used to acheive these objective. [8] b) Q3) a) b) Q4) a) Explain the term Right Quality and Right Quantity of purchase. [8] Describe the procedure for ABC analysis. List out the merits and demerits of ABC analysis. [8] Explain the principles of negotiation. [8] Explain various types of values in value analysis. [6] b) Explain the letter of credit. What are the different types of letter of credit? [6] c) What are the advantages and disadvantages of JIT purchasing? [4] P.T.O.

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