MBA 116 Question Paper

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*MBA116*

(AL)

MBA 116

III Semester M.B.A. in Production and Operation Management Examination, August 2011 MATERIAL MANAGEMENT (Elective 1)
Time : 3 Hours Max. Marks : 80

Instruction : In Section 1 all questions are compulsory and carries 6 marks each and in Section 2 attempt any 5 questions and each carries 10 marks. SECTION 1 All questions are compulsory. (6 marks each) : 1. What are the reasons for stocking items in inventory ? 2. List and explain different types of costs in inventory system. 3. What are the types of model of inventory systems ? Explain them in details. 4. Derive the EOQ formula for the purchase model without shortages. 5. Distinguish between P and Q systems of inventory. SECTION 2 Answer any five questions. (10 marks each) : 1. What are the advantages of integrated materials management ? 2. Describe the various modules of integrated materials management. 3. What are the main functions of inventory control ? 4. What are the basic decisions related to inventory management ? 5. Write a note on purchase model of inventory management with instantaneous replenishment and without shortages. 6. Describe the manufacturing model of inventory management without shortages. 7. Write a note on periodic review system of purchase inventory. 8. Explain pre-purchase system, ordering system and post purchase system. _______________

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