MBA/DOM – 207 INVENTORYMANAGEMENT - JNU solved assignments

 

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JAIPUR NATIONAL UNIVERSITY, JAIPUR

School of Distance Education & Learning

Internal Assignment No. 1

 

MBA/ DOM  I^st YEAR

 

Paper Code:               MBA/DOM – 207

Paper Title:                INVENTORYMANAGEMENT.

 

Last date of submission:                                                                                     Max. Marks: 15

 

Note: Question No. 1 is of short answer type and is compulsory for all the students.It carries FIVE marks.                            Words limit:  (50-100 Words)

          

Q. 1. Answer all the questions.

 

i.          Name different types of Inventory.

ii.          What do you understand by the term ‘Inventory Control’.

iii.         What is HML analysis?

iv.         Name two limitations and two advantages of MRP.

v.         What is meant by perpetual inventory system?

 

 

Answer  any two questions.Each carries FIVE marks.     Words limit:  (500 Words)

 

 

Q.1      What is ABC analysis in inventory control? Discuss its advantages/disadvantages.

Q.2      Write short notes on : a. Feed back inventory information system.

b. Economic production quantity.

Q.3      What are the factors which are considered in warehouse selection? Discuss.

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JAIPUR NATIONAL UNIVERSITY, JAIPUR

School of Distance Education & Learning

Internal Assignment No. 2

 

MBA/ DOM  I^st YEAR

 

Paper Code:               MBA/DOM – 207

Paper Title:                INVENTORYMANAGEMENT.

Last date of submission:                                                                                     Max. Marks: 15

 

Note: Question No. 1 is of short answer type and is compulsory for all the students.It carries FIVE marks.                            Words limit:  (50-100 Words)

Q. 1. Answer all the questions

 

A.         Explain the basic EOQ model of inventory management.

B.         How lead time analysis is carried out?

C.         What do you understand by stores documentation?

D.         Name applications of linear programming in inventory management.

E.         What steps can be taken to reduce cost in transportation of inventory?

 

Answer  any two questions.Each carries FIVE marks.     Words limit:  (500 Words)

 

Q.1      A company requires 20,000 units of a certain component annually. The unit price is Rs. 2 per unit and the cost of ordering is Rs. 200 per order. The average inventory

carrying cost is 5% per year.

Find     a. EOQ

b. Total cost of inventory including materials cost.

c. If the company works for 300 days in a year and the procurement of inventory time is 10 days; safety stock is 500 units; find the reorder point the minimum,maximum and average inventories.

 

Q.2      Discuss stores management with reference to layout,location, storing of materials.

 

Q.3      Discuss (JIT) inventory management. What are the advantages of having JIT inventory. Give a few examples of JIT inventory management in industry.

 

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