Test Papers / Previous Question Papers of Indira Gandhi National Open University MS56 Materials Management December 2006

Master of Business Administration (MBA) / Post Graduate Diploma in Operations Management (PGDOM)
Term-End Examination

MS56: Materials Management

Time: 3 hours
Maximum Marks: 100 (Weightage: 70%)

Instructions: There are eight questions in this paper. Attempt any five questions. All questions carry equal marks.

1. What do you understand by "Logistics euality"? Explain the six steps involved in a formal Logistics Quality process.

2. Why have many organizations accepted source selection as a corporate policy? Discuss the main stages of a source selection process. What is the most critical stage in source selection as per your opinion ?

3. List the important documents that are required for purchasing products from foreign suppliers. What are the essentiale lements of each of these documents?

4. What is involved in materials planning and budgeting? Also, elaborate the importance of materials planning.

5. Briefly explain the reason for the evolution of Manufacturing Resources Planning (MRPII) from Material Requirernents, Planning (MRP), How does MRPII differ from MRP? Explain the difference with the help of a flow diagram.

6. What is meant by work-in-process (WIP) inventory ? Discuss various methods of controlling work-in-process (WIP) inventories.

7. Discuss the role of warehouses in an organization. Why is the location of a warehouse important? Discuss the factors that influence the decision-making process while locating a warehouse.

8. Write short notes on any four of the following:
a. Integrated Materials Management
b. Objectives of negotiation
c. MRP vs JIT
d. First-in-first-out (FIFO) method of inventory flow
e. Bin Card / Stores Ledger
f. Codification of materials

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