Tel: +91 9901366442
Email: aravind.banakar@gmail.com

Define: Obsolete, Surplus & Scrap management

Material Management   Define: Obsolete, Surplus & Scrap management   Answer the following question. Q1. Define: Obsolete, Surplus & Scrap management? (10 marks) Q2. Techniques & reporting of materials research? (10 marks) Q3. Describe process of codification? (10 marks) Q4. Write a short note on physical systems? (10 marks) Q5. Explain Delphi concept for futurology?…
Share Button
Read More →

ICMIND – Material Management What is wealth, and how is it created What is value added, and how is it achieved? Explain with examples What is wealth, and how is it created

What is wealth, and how is it created What is value added Material Management Q1. What is wealth, and how is it created? What is value added, and how is it achieved? Explain with examples? Q2. What is a material requirements plan? What is the difference between dependent and independent demand? Explain with examples. Q3.…
Share Button
Read More →

KSBM – Material Management 1 -What are the measures you recommend to maintain inventory security in stores? Discuss in brief the problems and their remedies in case of valuation

What are the measures you recommend Material Management 1     Questions: Q1. What is the need for International Purchase? Discuss the procedure and problems in International Purchase. Q2. Differentiate between independent and dependent demand inventory. Dependent demand inventory items do not need to be forecast. Why not? Explain with the help of examples? Q3.…
Share Button
Read More →

KSBM – Material Management-Explain the steps involved in systematic material handling analysis. Q2. Explain the different methods of buying goods from abroad. Q3. Discuss the

Explain the steps involved in systematic Material Management   Questions: Q1. Explain the steps involved in systematic material handling analysis. Q2. Explain the different methods of buying goods from abroad. Q3. Discuss the criteria to be taken in to account in vendor rating. Q4. Discuss the role of information in materials management. Q5. Elaborate your…
Share Button
Read More →

Lean Materials Management- Write a short note on Vendor Managed Inventory.Q2. Differentiate between functional manufacturing and process flow?

Write a short note on Vendor  Lean Materials Management Multiple choices: Q1. The top management planning process during which the Demand and Supply sides of the business meet one a month for risk assessment and analysis is called___________. a. Sales and operation planning (S&OP) b. Sales, Inventory and operation planning (SIOP) c. Production, sales and…
Share Button
Read More →

Material Management 1- For the following data, calculate the number of workers required for level production and the resulting month-end inventories. Each worker can produce

For the following data, calculate the number  Material Management 1   Questions: Q1. What is the objective of marketing? What three ways will help it achieve this objective? Q2. For the following data, calculate the number of workers required for level production and the resulting month-end inventories. Each worker can produce 9 units per day,…
Share Button
Read More →

Material Management 2- What is wealth, and how is it created? What is value added, and how is it achieved? Explain with examples? Q2. What is a material requirements plan?

What is wealth, and how is it created Material Management 2   Questions: Q1. What is wealth, and how is it created? What is value added, and how is it achieved? Explain with examples? Q2. What is a material requirements plan? What is the difference between dependent and independent demand? Explain with examples. Q3. Complete…
Share Button
Read More →

Material Management-What is supply chain? Describe five important factors in supply chains. Q3. What are the major inputs to the MRP system? Q4. Define “capacity available”

What is supply chain? Describe  Material Management   Questions: Q1. What is supply chain? Describe five important factors in supply chains. Q2. A company wants to develop a level production plan for a family of products. The opening inventory is 600 units, and a decrease to 200 units is expected by the end of the…
Share Button
Read More →

Materials Management 1- What do you understand from integrated materials management? What are the obstacles encountered to make this approach effective?Q2. Name the industry

What do you understand from integrated Materials Management 1   Questions: Q1. What do you understand from integrated materials management? What are the obstacles encountered to make this approach effective? Q2. Name the industry and the products for which materials requirement planning technique would be suitable than economic order quantities and explain why? Q3. What…
Share Button
Read More →

Materials Management-Is Dannis Chako justified in eliminating George Machine Company as a supplier of brushes?Q2. In what respect is the complaint from George Machine

Is Dannis Chako justified in eliminating  Materials Management   Questions: Q1. Is Dannis Chako justified in eliminating George Machine Company as a supplier of brushes? Q2.  In what respect is the complaint from George Machine Company justified? Q3. Prepare a report for Renuka Thomas explaining the decision to eliminate George Machine company as a supplier.…
Share Button
Read More →

NIBM – Materials Management – What are the objectives and functions of the purchasing department. Discuss the roles and functions of the organization for Materials Management

What are the objectives and Materials Management What are the objectives and functions of the purchasing department?Explain. Discuss the roles and functions of the organization for Materials Management. Describe Sales and Operations planning. What are the types of Inventory held by a manufacturing concern?Explain. Explain ABC Analysis. Why is inventory an essential requirement? Explain.  …
Share Button
Read More →

NIBM – Materials Management – What are the objectives and responsibilities of stores? Explain Explain the purpose of a built and converted stores building. What are its advantages and

What are the objectives Materials Management What are the objectives and responsibilities of stores? Explain Explain the purpose of a built and converted stores building. What are its advantages and disadvantages Describe the standardization process. What is the role of store management in standardization? Explain waste reduction and obsolete stock procedures Explain failure mechanism of…
Share Button
Read More →

Which items are includes in cost of ordering

Material Management   Which items are includes in cost of ordering   Answer the following question. Q1. Which items are includes in cost of ordering? (10 marks) Q2. Explain significance differences in purchasing of capital equipment? (10 marks) Q3. What are the problems in import substitution? (10 marks) Q4. Describe techniques & selection of products…
Share Button
Read More →

Write a short note on discount flow method

Material Management Write a short note on discount flow method   Answer the following question. Q1. Write a short note on discount flow method? (10 marks) Q2. Which steps to be taken in insurance management? (10 marks) Q3. Which items are includes in cost of ordering? (10 marks) Q4. Explain equations of materials cost index?…
Share Button
Read More →

XAVIER – Material Management-What is inventory Define Inventory control?

What is inventory Define Inventory control Material Management SECTION A- (10X2=20 MARKS) Answer any ten questions. All questions carry equal marks. 1. What is inventory? 2. Define Inventory control? 3. What is inventory carrying cost? 4. What is reorder level? 5. What is hand to mouth purshase? 6. What is blanket orders? 7. What is…
Share Button
Read More →