Madhya Pradesh Bhoj Open University 2007 Diploma Material Management LOGISTICS & SUPPLY CHAIN MANAGEMENT-GDMM - Question Paper
INDIAN INSTITUTE OF MATERIALS MANAGEMENT
POST GRADUATE DIPLOMA IN MATERIALS MANAGEMENT
GRADUATE DIPLOMA IN MATERIALS MANAGEMENT
Paper-11 (New)
LOGISTICS & SUPPLY CHAIN MANAGEMENT
Date: 11.12.2007 Max. Marks: 100
Time: 10.00AM to 1.00PM Duration three hours
Instructions:
1. From Part-A, ans all ques. (compulsory), every sub ques. carries one mark.
Total Marks: 32
2. From Part-B, ans any three ques. out of five ques.. every ques. carries 16 marks.
Total Marks: 48
3. Part-C is a case study with sub-questions (compulsory). learn the case study
carefully and ans the ques.. Total Marks:20
4. Please learn the instructions on the ans sheet carefully.
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PART -A Total Marks: 32
Q.1. State whether actual or False:
a) Transportation is not a major cost element in Logistics.
b) 1 of the major objectives of the logistics system is excellent
customer service. .
c) Increased accuracy decreases uncertainty in decisions.
d) “Information is not major factor in logistics competitiveness”.
e) Logistics is sometimes referred to as the other half of marketing.
f) Primary task of Inventory Control is to determine stock limits.
g) Inventory Control blames supply and demand.
h) Storage is not a critical element in the logistics operations.
Q.2. Fill in the blanks:
1. The Logistics concept is based on the _________ approach.
2. Order processing is an important ______ in logistics _________.
3. Inland Water Transportation (IWT ) is an ____________ transportation
mode
4. For VMI to be successful ,three things are essential, i.e. the right partner,
Right set of products, and ________ ________..
5. Irregular truck bed affects the _________ of packages on uneven contours.
6. Packages alone cannot be a _________ for ________ thefts and pilferage. .
7. The logistics strategy formulation is not the ________, which can be
_________ in isolation.
8. Productivity is an important ___________ measure of the efficiency of
the _______-
Q.3. Match Column-A and Column-B:
(i) Logistics is also referred to a) all about reliability .
(ii) Stock availability is not b) in courier services and air and sea
cargo .
(iii) Defective products carrying harm to
human life c) as physical distributors.
(iv) Track and trace system is commonly
used d) an important measure of customer
service .
(v) Logistics adds value e) are called back to the factory.
(vi) Logistics quality is f) by having a Purchase Order/ agreement In place .
(vii) 1 saves much time in negotiating
and pricing g) when inventory is correctly positioned
to facilitate sales.
(viii) Inventory levels can be decreased by h) elimination of low turnover / obsolete
items .
Q.4. Write short notes (on any four)
a) Reverse Logistics
b) Private Warehouses
c) 3rd Party service provider
d) Conveyors in Materials handling
e) E—Tracking
f) Definition of Customer Service. .
Part-B Total Marks: 48
(Answer any 3 questions)
Q.5. Discuss the different Customer Service attributes of the logistical system..
Q.6. Discuss the site selection criteria for warehouse locations.
Q.7. Describe the role of logistics in the success of the supply chain of a firm
Q.8. Explain the benefits of logistics outsourcing .
Q.9. Explain the role of intermediaries in Global Logistics
PART-C Total Marks: 20
(Case study compulsory)
Q.10. M/s. Laxmi Manufacturing Co. produces special types of Televisions and its parts., where a part cost 1 rupee per unit. Annual requirement is 2,50,000 numbers. Lead time is six weeks. Demand is 4810 with a standard
Variation of 400 per week.
The Co. wishes to maintain a service level of 95 % (k= 1.64),
Normal lead time is six weeks and maximum lead time that occurred in the past was 10 weeks and the cumulative probability of its occurrence, i.e.
7, 8, 9, and 10 weeks was 0.25. The ordering cost is Rs. 60/- and the
Inventory carrying cost works out as 30 % _________
Based on these, calculate---
(i) the EOQ,
(II) safety stock for the fixed order volume ( Q ) system,
(iii ) Revised EOQ, if inventory carrying cost would get revised to 25 %.
(iv ) plot the normal graph (not to scale ) for EOQ .
INDIAN INSTITUTE OF MATERIALS MANAGEMENT
POST GRADUATE DIPLOMA IN MATERIALS MANAGEMENT GRADUATE DIPLOMA IN MATERIALS MANAGEMENT
Paper-11 (New)
LOGISTICS & SUPPLY CHAIN MANAGEMENT
Date: 11.12.2007 Max. Marks: 100
Time: 10.00AM to 1.00PM Duration 3 hours
Instructions:
1. From Part-A, answer all questions (compulsory), each sub question carries 1 mark.
Total Marks: 32
2. From Part-B, answer any 3 questions out of 5 questions. Each question carries 16 marks.
Total Marks: 48
3. Part-C is a case study with sub-questions (compulsory). Read the case study carefully and answer the questions. T otal Marks:20
4. Please read the instructions on the answer sheet carefully.
PART -A Total Marks: 32
Q.1. State whether True or False:
a) Transportation is not a major cost element in Logistics.
b) One of the major objectives of the logistics system is excellent customer service. .
c) Increased accuracy reduces uncertainty in decisions.
d) Information is not major factor in logistics competitiveness.
e) Logistics is sometimes referred to as the other half of marketing.
f) Primary task of Inventory Control is to determine stock limits.
g) Inventory Control blames supply and demand.
h) Storage is not a critical element in the logistics operations.
Q.2. Fill in the blanks:
1. The Logistics concept is based on the_approach.
2. Order processing is an important_in logistics_.
3. Inland Water Transportation (IWT ) is an _transportation
mode
4. For VMI to be successful ,three things are essential, i.e. the right partner, Right set of products, and__..
5. Irregular truck bed affects the_of packages on uneven contours.
6. Packages alone cannot be a_for_thefts and pilferage. .
7. The logistics strategy formulation is not the_, which can be
_in isolation.
8. Productivity is an important_measure of the efficiency of
the_-
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Q.3. Match Column-A and Column-B: | ||||||||||||||||
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Q.4. Write short notes (on any four)
a) Reverse Logistics
b) Private Warehouses
c) Third Party service provider
d) Conveyors in Materials handling
e) ETracking
f) Definition of Customer Service. .
Part-B Total Marks: 48
(Answer any THREE questions)
Q.5. Discuss the various Customer Service attributes of the logistical system..
Q.6. Discuss the site selection criteria for warehouse locations.
Q.7. Describe the role of logistics in the success of the supply chain of a firm
Q.8. Explain the benefits of logistics outsourcing .
Q.9. Explain the role of intermediaries in Global Logistics
PART-C Total Marks: 20
(Case study compulsory)
Q.10. M/s. Laxmi Manufacturing Co. produces special kinds of Televisions and its parts., where a part cost one rupee per unit. Annual requirement is 2,50,000 numbers. Lead time is 6 weeks. Demand is 4810 with a standard Variation of 400 per week.
The Co. wishes to maintain a service level of 95 % (k= 1.64),
Normal lead time is 6 weeks and maximum lead time that occurred in the past was 10 weeks and the cumulative probability of its occurrence, i.e.
7, 8, 9, and 10 weeks was 0.25. The ordering cost is Rs. 60/- and the Inventory carrying cost works out as 30 %_
Based on these, calculate---
(i) the EOQ,
(II) safety stock for the fixed order quantity ( Q ) system,
(iii ) Revised EOQ, if inventory carrying cost would get revised to 25 %.
(iv ) plot the normal graph (not to scale ) for EOQ .
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Attachment: |
| Earning: Approval pending. |
