IIMM
Assignments, Jan-_June, 2015 Session
INDIAN INSTITUTE OF MATERIALS MANAGEMENT
NHQ-
Education Wing
Plot Nos. 102 & 104,
Institutional Area, Sector-15, CBD Belapur, Navi Mumbai- 400 614
PAPER- 2 QUANTITATIVE METHODS
ASSIGNMENT No-1
Question 1: Write short note on
(Any two)
a)
Break
Even Analysis
b)
Sensitivity
Analysis
c)
NPV
Vs IRR
Question 2: If for a period of 2
hours in a day (8-10 a.m.) trains arrive at a yard every 20 minutes but the
service time continues to remain 36 minutes, then calculate for this period
a)
The
probability that the yard is empty
b)
Average
queue length on the assumption that the line capacity of the yard is limited to
4 trains only.
ASSIGNMENT
No-2
Question 1: A company
wishes to assign 4 jobs to 3 machines. The estimates of the times (in minutes)
each machine would take to complete a job is given below. How the job should be
allocated to the machines, so that the total cost is minimum?
|
|
MACHINES
|
|
Jobs
|
M1
|
M2
|
M3
|
|
I
|
8
|
25
|
14
|
|
II
|
12
|
26
|
5
|
|
III
|
34
|
19
|
14
|
|
IV
|
17
|
29
|
19
|
Question 2: A firm manufactures
three types of products. The fixed and variable costs are given below:
|
|
Fixed cost (Rs.)
|
Variable cost per unit (Rs.)
|
|
Product A
|
25000
|
12
|
|
Product B
|
35000
|
9
|
|
Product C
|
53000
|
7
|
The likely demand (units) of the
products is given below:
Poor Demand: 3,000
Moderate Demand: 7,000
Higher demand: 11,000
If the sale price of each type of
product is Rs 25 then prepare the pay off matrix.
Paper
-5 – Purchasing Management
Assignment
1
Q.1.What is economic consideration in price making?
Q.2.What is negotiation? What are the various phases
of negotiation?
Assignment
2
Q.1.What is a purchase order? What are the various
types of purchase orders?
Q.2.Explain rate contract and running contract.
Paper - 6 – Business Law
Assignment 1
Q.1. Explain Quasi contract in detail
Q2. Write short note on:
a. Requirement of Arbitration agreement
b. Essentials of contract of sale
Assignment 2
Q.1. What is the process of registration
under CST Act?
Q.2.Define custom duty. What are the
various types of custom duties?
Paper - 7 – International Trade
Assignment 1
Q.1.What are the advantages and
limitations of foreign direct investment?
Q.2.What is system of national accounts?
What are the broad objectives of national accounts?
Assignment 2
Q.1. what is custom? Discuss the custom
clearance procedure for imported/exported goods
Q.2. Discuss the procedure for imports
of items.
Paper -8 – Operations Management
Assignment 1
Q.1.Differentiate between manufacturing
and service operations.
Q.2.Discuss the role of MPS, MRP and CRP
in resource requirement planning
Assignment 2
Q.1.Differentiate between load chart and
machine loading chart
Q.2.Explain Ergonomics and its benefits
to improve productivity.
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