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Describe codification along with its importance

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Title: Describe codification along with its importance


1
Material Managementinfo_at_casestudyhelp.in91
94220-28822
2
  • 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.

3
  • 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.

4
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