Explain the different methods of buying goods from abroad.

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• Material Management
•  
• Q1.Explain the steps involved in systematic
  material handling analysis.
• Q2.Explain the different methods of buying goods
  from abroad.
• Q3.Discuss the criteria to be taken in to account
  in vendor rating.
• Q4.Discuss the role of information in materials
  management.
• Q5.Elaborate your understanding regarding
  analysis of sources of supply and its Evaluation.
  
• Q6.What do you mean by Material planning ?
  Explain the factors affecting it.

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• Q7.Annual requirement of diesel oil for a power
  station is 120,000 liters. Purchases are made in
  bulks of 10,000 liters. The ordering cost is Rs.
  37.50 per order and inventory carrying cost is
  Rs. 0.01 per liter. Find (a) EPQ Total cost
• Q8.Explain in brief the procedure of purchasing
  generally followed by an industry.
• Q9.Discuss the role of material handling
  equipment in reducing the cost of storage and
  store room operations.
• Q10.Describe codification along with its
  importance.
•  
• Q11.Explain VED analysis. Write its advantages
  also.

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