Indian Institute of Materials Management

NATIONAL HEADQUARTERS( Education Wing )

Plot No.102 & 104, Sector 15, Institutional Area, CBD Belapur, Navi Mumbai-400 614 Tel: 022-27571022 Fax: (022) 27565741 Email: iimmedu@mtnl.net.in web: www. iimm.org.

IMPORTANT POINTS TO BE NOTED BY THE STUDENT

1. Write your Name, Roll. No. and complete mailing address with Pin Code on the answer sheet.

2. Submission of assignments is compulsory and marks obtained in assignments carry 20% weightage in the final result.

3. Students are required to secure 50% marks in assignments to pass the examination.

4. Each subject will have two assignments and each assignment carries 10 marks only.

5. Assignments must be written by the students in their own good hand writing and one copy of the same be retained with them to avoid inconvenience in the event of misplacement / loss of the same in transit.

6. The answers should be brief to the point and relevant to the questions given in the assignment. Do not reproduce your answers from the study materials sent to you.

7. Problems/queries with regard to assignments, if any, are to be discussed with respective branch / NHQ and during the contact classes.

8. Use only foolscap size paper for your answers and all the answer sheets must be tagged / tied firmly with string.

9. Assignments in respect of distance mode students must reach IIMM NHQ Education Wing latest by 30 April against Jan-June, 2013 session. No delay will be acceptable. GDMM contact mode students are required to submit their assignments at their respective branches.

ASSIGNMENTS (Jan-June, 2013 Session )

PAPER 1 MANAGEMENT PRINCIPLES & HRP

ASSIGNMENT No-1
Q.1 what are the objectives and functions of Human Resource Management Q. 2 Write short notes on: i) ii) Management by objectives. Employee Induction and Training.

ASSIGNMENT No-2
Q. 1. Describe different types of motivation theories the need and importance of motivation for running a successful and progressive business organization,

Q. 2. Explain the concepts involved in Employee Performance Appraisal. How it helps the Managers to improve productivity of the organization at all levels.

Paper 2 QUANTITATIVE METHODS

ASSIGNMENT No-1

Q 1.The objective function and constraints of a problem are given below :Maximize profit = 30x1 + 40x2 4x1 + 2x2 16 2x1 x2 2 x2 2 x1, x2 0 a) Make a relevant graph of feasible solution b) Evaluate the objective function at each corner point c) Identify the optimal solution

Subject to

Q 2.

Find out expected Time and Variance.

Activity

PQ

JK

MN
3 4 6 10 8 6 3

Immediate Predecessors A B C, D B E

A B C D E F G

1 2 4 8 2 4 1

2 3 5 9 5 5 2

ASSIGNMENT No-2
Q. 1. Warehouse requirements & Factory capacities along with cost of transportation of M/s JAYA & JAYA confectionery is shown below. Product W1 per unit) A Rs. 5 (cost W2(cost per unit) Rs. 4 W3(cost per unit) Rs. 3 Factory Capacity (no. of units) 100

B C Warehouse Capacity(no. of units)

Rs. 8 Rs. 9 300

Rs. 4 Rs. 7 200

Rs. 3 Rs. 5 200

300 300

Solve the above problem either by VAM or by North West Corner Rule.

Q . 2 Write short notes :-

a) Safety Stock b) Seasonal Forecasting c) Minimax Criterion d) Probability Distribution e) ABC Analysis

Paper- 3 Business Economics and Finance

ASSIGNMENT No-1
Q.1. Compare and contrast with distinction between Market Price and Normal Price.

Q.2. Write Short Notes:a) RBI is a controller of credit explains. b) Indian economy is predominantly of rural life elucidate. c) What are subsidiary books of accounts and its features and advantages? d) Explain the importance of foreign aids to India. e) What do you mean by costing and cost accounting?

ASSIGNMENT No-2
Q.1. Make appropriate journal entries of the following transactions. 1. On 1.1.2010. Siddu commenced Business with cash of Rs.13000/2. On 5.1.2010 He purchased goods for cash Rs.2500/3. On 10.1.2010 He bought goods on credit from Mr. Manish, Rs.1000/4. On 15.1.2010 Sold goods for cash Rs.7000/-. 5. On 20.1.2010 he deposited cash into ICICI Bank Rs.5000/-. 6. On 25.1.2010 He paid salary Rs.400/-.

Q.2. Illustrate the distinction between Fund flow and cash flow Analysis.

PAPER 4

INFORMATION TECHNOLOGY AND E-COMMERCE

ASSIGNMENT No-1
Q.1. Explain the various elements of a computer using a suitable block diagram and the difference between LAN and WAN.

Q.2. Explain Cryptography and different provisions contained in Cyber Laws

ASSIGNMENT No-2
Q.1. Explain the various features and applications of MS-Excel with examples.

Q.2. Explain Electronic Commerce models with practical applications.

PAPER 5

PURCHASING MANAGEMENT

ASSIGNMENT No-1

Q.1 Explain the activities, duties and functions of Purchasing Department and importance of Delegation of Authority in a large organization.

Q.2 Discuss various types of payment terms and the effect of appropriate payment terms on purchasing decision.

ASSIGNMENT No-2
Q.1 Write short notes on Green Purchasing and Supplier partnership in Purchasing.

Q.2 Expediting for execution of orders is very important in current scenario. Please establish procedure of Eexpediting for medium scale manufacturing unit.

PAPER 6

BUSINESS LAWS

ASSIGNMENT No-1
Q.1. Explain the major conditions in the contracts for sale of goods and services. Q.2. Explain the following. 1. Capacity to contract 2. Doctrine of caveat emptor 3. Value Added Tax

ASSIGNMENT No-2
Q1. Distinguish between 1. Promissory Note and Bill of Exchange 2. Substantive Law and Procedural Law 3. Criminal Law and Civil Law 4. Sale and Lease

Q. 2. Explain the main provisions of Minimum Wages Act.

PAPER -7

INTERNATIONAL TRADE

ASSIGNMENT No-1
Q .1. Define the term International Trade and enumerate economic benefits of International Trade to Indian economy.

Q.2. Narrate the steps to be adopted for export of a representative commodity of your choice from India to a representative country of your choice.

ASSIGNMENT No-2
Q. 1. Explain the role and importance of Incoterms in International Trade.

Q. 2. Explain the global Exchange Rate mechanism, various factors that affect exchange rate and the current exchange rates with examples.

PAPER - 8

OPERATIONS MANAGEMENT

ASSIGNMENT No-1
1. Explain the concept involved in operations strategy and the emerging trends in the area of Operations Management. 2. Draw the network. Find critical path and project duration:

Activity A B C D E F

Predecessor A A B C D, E

Duration (Weeks) 5 4 7 8 9 4

ASSIGNMENT No-2 Q.1. Explain the concepts involved in Product Layout and its advantages and disadvantages vis--vis process layout. Q.2. 18 carpets were observed closely and the number of defects in their texture was noted. Draw a control chart for the number of defects. No. of defects No. of carpets 0 0 1 1 2 2 3 4 4 3 5 5 6 3

PAPER - 9

STRATEGIC MANAGEMENT

ASSIGNMENT No-1
Q.1. Explain the role and importance of External and Internal Environment in Strategic Management of a Representative organization

Q.2. Illustrate the term Benchmarking and different types of benchmarking with suitable examples of Benchmarking.

ASSIGNMENT No-2
Q.1 which are the features of Functional Structure? Write the advantages and Limitations of the functional structure

Q.2. Explain the concepts SWOT analysis, Illustrate SWOT analysis with diagram and mention the benefits of SWOT analysis

PAPER - 10

INVENTORY MANAGEMENT

ASSIGNMENT No-1
Q.1. Discuss the reasons for carrying inventory and various techniques for inventory control with their merits and demerits.

Q.2. Write short notes on the following. a) XYZ Analysis d) WIP Inventory b) Lead Time c) Inventory Turn Over Ratio e) Re-order Level

ASSIGNMENT No-2
Q. 1. Describe the advantages and disadvantages of Vender Managed Inventory.

Q.2. Write short notes for any 4 on the following. a. Benefits of Inventory Management Applications b. Weighted Moving Average Method c. Inventory Categorization d.Three Bin System e. Planning BOM

PAPER - 11

LOGISTICS AND SUPPLY CHAIN MANAGEMENT

ASSIGNMENT No-1
Q.1. Discuss various service attributes of logistical system and the value added logistical services extended by logistical service provider.

Q.2. What are the components of supply chain? Please discuss importance of each in brief. Describe the role of logistics in the success of supply chain of a firm.

ASSIGNMENT No-2
Q.1. Mention the factors that have a bearing on location of a Warehouse. Discuss also in detail macro & micro approach in Warehouse selection and acquisition.

Q.2. Discuss the various systems used for tracking consignments. How the usage of new technologies will help in effective asset utilization in logistics supply chain?

PAPER - 12

PACKAGING, DISTRIBUTION & RETAIL SUPPLY CHAIN MANAGEMENT

ASSIGNMENT No-1
Q.1. Define packaging and explain five 5 Ps of Packaging Entities? Discuss how packaging is used as a tool for sales promotion.

Q.2. Mention the various details contained in the Bill of Lading and also discuss the various features of Bill of Lading.

ASSIGNMENT No-2
Q.1. Write short notes on the following. a. b. c. d. e. Advantage of Containers Bar Coding Unitization Analysis of Traffic Demand Conflict Resolution

Q.2. Air freight greatly reduces the major component of the total distribution costs. Prove the statement with your explanations.

PAPER - 13

RESEARCH METHODOLOGY

ASSIGNMENT No-1
Q.1. Explain the characteristics features of good research and describe the methods for secondary data collection

Q.2. Write short note on the following a) Mean, Median & Mode c) ANOVA b) Index Number

d) Chi-Square Test

ASSIGNMENT No-2
Q.1.a) The mean of a distribution is 14 and the standard deviation is 5. What is the value of the coefficient of variation?

Q.1. b) The marks of nine students in a mathematics test that had a maximum possible mark of 100 are given below: 47 35 37 32 38 39 36 34 35

Find the Median of this set of data values.

Q.2. Explain the difference between the following a) Probability Sampling & Non-probability Sampling b) Parametric & Non-Parametric test

Paper -15

STRATEGIC COST AND FINANCIAL MANAGEMENT

ASSIGNMENT No-1
Q.1. M/s Priya and Company Ahmadabad is manufacturing a special product AXTN and in the course of manufacturing of the main product AXTN, by- products BYTN and BZTN also emerges. The

joint expenses of manufacture amount to Rs.2,39,100. All the three products are processed further after separation and sold as per details given below: Main product AXTN Sales (Rs.) Separation Costs incurred (Rs.) Profit as percentage of sales (%) 1,80,000 12,000 25 By products BYTN 1,20,000 10,000 20 BZTN 80,000 8,000 15

The selling expenses are 10% of total cost of sales which are apportioned to the three products in the ratio of 20:40:40. Prepare a statement showing the apportionment of joint costs to the main product and the two By-products.

Q.2.

Write Short Notes on the following: 1) Responsibility centre. 2) Weighted Average Cost of Capital. 3) Sale and Lease back arrangement. 4) Functions of SEBI. 5) Distinction between Job Costing and Process Costing.

ASSIGNMENT No-2 Q 1. Describe the technical aspects of Project appraisal for a new company .

Q.2.

The following are the summarized Balance Sheets of Growth Ltd: Liabilities Share capital General reserve P & L a/c Creditors Cash provision Mortgage loan 31.3.08 450000 300000 56000 168000 75000 0 1049000 Assets Plant & Machinery Investments Inventory Debtors Bank a/c 400000 50000 240000 210000 149000 1049000 During the year (i) (ii) (iii) (iv) Investments of Rs.8000 were sold for Rs.8500. Provision for tax was made at Rs.9000. Plant & Machinery costing Rs.10000 was sold for Rs.12000. Dividend was paid totaling Rs.44080. 320000 60000 210000 455000 197000 1242000 31.3.09 (in Rs.) 450000 310000 68000 134000 10000 270000 1242000

Prepare the Cash Flow Statement under the indirect method as per Accounting Standard -3 (revised).

Paper-16

BUSINESS STRATEGIES AND WORLD CLASS PRACTICES

ASSIGNMENT No-1
Q.1. Compare the models of world class manufacturing proposed by Schonberger, Gunn and Maskell.

Q.2. Explain the following a) SMED b) Cellular manufacturing

ASSIGNMENT No-2
Q.1. Write short notes on any four c) TOPP system of performance measurement d) Halls model of Value Added Engineering e) The Supplier Interface f) Porters value chain

g) Production leveling

Q.2. Explain the issues involved in strategic planning and the various information management tools used in World Class Manufacturing.

Paper -17

ADVANCED SUPPLY CHAIN MANAGEMENT

ASSIGNMENT No-1
Q.1. Explain the concept of logistics network and the key issues involved in Advanced Supply Chain Management.

Q.2.

Explain the principles of supply chain information system and the methods of coping with bullwhip effect?

ASSIGNMENT No-2
Q.1. Explain the forces that drive the trend toward globalization and need for entering into strategic alliances by the organizations

Q.2.

Write short notes on any four a) Supplier integration for new product development b) Dimensions of customer value c) IT infrastructure components d) Advantages of centralized buying e) Commercial taxes

Paper 18.a

PROJECT MANAGEMENT

ASSIGNMENT No-1
Q1 Discuss the design of Control System for controlling major constraints like time, cost and quality for successful completion of a project.

Q.2. Illustrate the basic steps involved in constructing and analyzing the Activity diagrams, Arrow ] diagrams and Network diagrams.

ASSIGNMENT No-2
Q1. Describe the Project Appraisal, Justification and Evaluation techniques. Discuss their advantages and disadvantages with respect to the overall profitability of the company

Q2. Describe major Project planning techniques using graphical method for timely completion of projects.

Paper 18.b

DECISION SUPPORT SYSTEM

ASSIGNMENT No-1
Q.1. Explain the comparative advantage derived by many business organizations by proper application of Decision Making Tools for increasing productivity, efficiency, & effectiveness with suitable examples.

Q.2. Elaborate an overview of Group Decision Support System and compare with Expert systems used in Supply Chain Management.

ASSIGNMENT No-2
Q.1.Describe the concept of Data Mining, Explain the role, Importance and working of Data Mining with appropriate examples.

Q.2.Explain the concept of Decision Making and steps involved in Decision Making Process of any familiar organization.

Paper 18.C

OPERATIONS RESEARCH

ASSIGNMENT No-1
Q.1. Explain the scope and methodology of Operations Research. What are the advantages and limitations of mathematical modeling?

Q.2. On average 18 customers are served by a barber every hour. What is the probability that a customer shall be free within 3 minutes and what is the probability that a customer shall be serviced in more than 12 minutes?

ASSIGNMENT No-2
Q1. M/s. Spencers & Spencers a new firm has offered a quantity discount of 0.5 % in case of purchasing an item five times the requirement in order to establish its products in the market. The Supply Chain Management department of your company has been following Purchase Policy based on Economic Order Quantity. The administration cost / Ordering of purchase is Rs.100/- and the inventory carrying cost is 20 %. You are required to advise the company whether the offer should be accepted or not.

Q2 List down the steps involved and procedure for solving a Linear Programming Problem by simplex method with the help of suitable example.

Paper-18.d

MARKETING MANAGEMENT

ASSIGNMENT No-1
Q1. What do you understand about the concept of Marketing Management in Business environment?

Q2 What are the various aspects of Consumer Behavior? What are the different social factors associated with consumer behavior.

ASSIGNMENT No-2
Q1. Describe the need and importance of Marketing Research? What are the main categories and important steps involved in marketing research process?

Q2. (a) Describe the steps involved in development of new product. (b) Enlist the benefits & challenges involved in branding commodities.

Paper-18.e

TOTAL QUALITY MANAGEMENT

ASSIGNMENT No-1
Q1 What are 7 basic QC tools? How these tools are used in solving quality control problem in an organization. Q2 Describe the contributions made by Tom Peters and Ishikawa to the Quality movement and implementation.

ASSIGNMENT No-2
Q1. Explain the concepts of Jurans quality trilogy and the experiences of Indian companies for further improvement.

Q.2. Explain the ISO 9000 Quality Management Systems and the procedures involved in obtaining Quality Management System Certifications by companies. .