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Dpsm 022:Demand Forecasting And Material Requiremen Planning Question Paper

Dpsm 022:Demand Forecasting And Material Requiremen Planning

Course:Diploma In Public Relations

Institution: Kenya Methodist University question papers

Exam Year:2010

DEMAND FORECASTING AND MATERIALS REQUIREMENTS PLANNING (DPSM 022) 3rd Trimester 2010

FACULTY : BUSINESS STUDIES AND MANAGEMENT

DEPARTMENT : FINANCE AND ACCOUNTING REQUIREMENTS PLANNING TIME : 3 HOURS

INSTRUCTIONS Answer Question ONE and any other TWO Questions.

Question 1

a) Out line and explain five methods used forecasting demand in production environment (10marks)

b) Explain six reasons for holding raw materials stock and finished goods stocks. (10marks)

Question 2

a) Discuss the developments of E- procurement as applied in materials management .(12marks)

b) The use of bar coding in materials management and physical distribution has impacted on Organizational profits and services to customers Explain the benefits to both customers and organization (10marks)

Question 3

a) Discuss the advantages of Variety reduction and standardization as used in materials management (10marks)

b) Discuss the importance of Health and Safety act in the work place . (10marks)

Question 4

a) Explain the inputs and out puts of material requirement planning system in a production environment (12marks)

b) Discuss four methods or techniques you will use to manage a very efficient and effective Distribution network from a centralized warehouse to serve decentralized Distribution centers . (8marks)

Question 5

a) Discuss the five most efficient methods of managing redundant , surplus and obsolete materials in an organization or company . (10marks)

b) Explain five financial costs associated with holding inventory in a sores house in a company. (10marks)

Dpsm 022:Demand Forecasting And Material Requiremen Planning Question Paper

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