INTERNAL ASSIGNMENT - 1

Course MBA
Semester 3 Inventory & Purchase Management
Total Marks: 15

Q.1. Write answers for any two questions from below. (5 marks each – Word limit – 500)

A. Explain the relationship of materials planning with sales forecast.

B. What are the objectives of purchase department?

C. Explain advantages and disadvantages of integrated materials management in detail.

Q.2. Write short notes on all of the following topics (1 mark each - Word limit - 100)

A. Explain the term right price.

B. Explain grouping of materials.

C. What are the benefits of material planning?

D. Explain the function of purchasing department.

E. What is inventory Management?

 INTERNAL ASSIGNMENT - 2

Course MBA
Semester 3 Inventory & Purchase Management
Total Marks: 15

Q.1. Write answers for any two questions from below. (5 marks each – Word limit – 500)

A. What is material budgeting? Explain its purpose in detail.

B. Explain the different factors to be consider for selection of vendor.

C. Explain the organization structure of materials department.

Q.2. Write short notes on all of the following topics (1 mark each - Word limit - 100)

A. What is inventory count?

B. Define Bill of materials.

C. Define payment

D. Define materials management.

E. Explain Purchase Cycle.