Question1) Answer all the questions:
(i) Distinguish between standardization and simplification.
(ii) Write a short note on vendor analysis.
(iii) Explain capacity management.
(iv) Explain JIT manufacturing.
(v) What do you understand by stock verification? Mention three significance of stock verification.
Question2) Explain scope of material management.
Question3) What is the role of purchasing cycle for the smooth functioning of ware house management?
Question4) Write a detail note on material management information system.
Question5) Answer all the questions:
(i) Explain the steps involved in make-or-buy decisions.
(ii) What is the significance of purchase research?
(iii) Explain the different tools used for material handling.
(iv) Write a note on spare parts management.
(v) Throw a light on total quality management.
Question6) Explain the different techniques used for quality control.
Question7) What are the various legal aspects of buying?
Question8) Write a detail note on stares layout and location.