PURCHASING MANAGEMENT PART-A

1. Define the term order. 2. How will you select source of supply. 3. Define the term requisition. 4. Define EOQ. 5. What is right price? 6. Define vendor rating system. 7. Give two inputs of purchase system. 8. Give two outputs of purchase system. 9. Define standardization. 10. Define JIT inventory.

PART-B
1. Differentiate between organization. purchasing in centralized and decentralized

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Explain briefly alteration or cancellation of orders. 2. Discuss the steps undertaken while selecting the sources of supply.

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Explain in detail value analysis. 3. What do you understand by vendor rating system and what are its demerits?

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How valid is purchase management in 21st century? 4. Differentiate between deterministic and probabilistic models of inventory.

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What is selective inventory management? Explain.

5. Discuss computerised purchasing system with two examples where it is practised.

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Coding plays very important role in purchasing and inventory management.

PART-C
1. Discuss the types of inventory system practiced in different nations. 2. As a purchase manager of xylo automobiles co. establish a purchasing procedure for the same. 3. Write an essay on how will you integrate production with purchasing. 4. Write a detailed note on the principles and objectives of purchasing. 5. Discuss purchasing in centralized retailing store.

PRODUCTION AND OPERATIONS MANAGEMENT

1. Define operations management. 2. Define manufacturing system. 3. Define facilities location. 4. Define plant capacity. 5. Define layout planning. 6. Define routing. 7. Define scheduling. 8. Define dispatching. 9. Define expediting. 10. Define job production.

PART-B
1. Describe the importance of production management.

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Describe the activities performed in production and non-production system.

2. Explain different locational factor.

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Describe the activities performed in production and non-production system. 3. Explain routing and scheduling.

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Explain sequencing and loading. 4. Explain work sampling.

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Explain value engineering and value analysis. 5. Explain impact of motivation on productivity.

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Describe role of quality control in manufacturing.

PART-C
1. 2. 3. 4. 5. Briefly describe nature and scope of operations and production management. Briefly describe the factors of selection of sites for locating plants. Briefly describe production planning and control. Briefly describe the models of inventory management. Write a note on workers participation in management.