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Bcom 374: Material Management Question Paper

Bcom 374: Material Management

Course:Bachelor Of Commerce

Institution: Chuka University question papers

Exam Year:2013

CHUKA

UNIVERSITY

UNIVERSITY EXAMINATIONS

THIRD YEAR EXAMINATION FOR THE AWARD OF DEGREE OF
BACHELOR OF COMMERCE

BCOM 374: MATERIAL MANAGEMENT

STREAMS: BCOM Y3S2 TIME: 2 HOURS

DAY/DATE: TUESDAY 13/8/2013 8.30 .A.M. – 10.30 A.M.
INSTRUCTIONS:

Answer Q1 and any other TWO.

Q.1 (i) Discuss both primary and secondary objectives of material management.
[10 marks]
(ii) Discuss the concept of supply chain management and demonstrate how the concept enhances effectiveness and efficiency of an organization. [10 marks]

(iii) Variety reduction and standardization of inventory has enhanced materials management performance. Discuss the statement. [10 marks]

Q2. Explain how the following inventory control techniques have improved the efficiency in materials management.

(a) Materials requirement planning
(b) Economic order quantity
(c) Just-in time purchase
(d) ABC analysis [20 marks]

Q3. (a) Discuss the definition of the following terms and illustrate how each can be
managed effectively.

(i) Slow moving stocks
(ii) Obsolete stocks
(iii) Redundant stocks [10 marks]

(b) Discuss any five purposes of stock records in the stores. [10 marks]

Q4. (a) Explain in brief the advantages of perpetual inventory stock staking.[10 marks]

(b) Discuss any five indicators of poor material handling. [10 marks]

Q5. (a) Discuss the major classes of stocks within an organization citing some
examples in each class. [10 marks]

(b) Explain the following terms as used in materials management

(i) dependent demand
(ii) independent demand [5 marks]

(c) Discuss the roles of purchasing in materials management. [5 marks]

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Bcom 374: Material Management Question Paper

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