Attempt any four out of the six questions (each carrying
5 marks)
1. Define Materials Management & describe in brief the objectives of
Materials Management? 2. Write a short note on Centralized & Decentralized Material Management department with suitable diagrams. 3. Define Aggregate Planning & explain the various basic aggregate planning strategies? 4. Explain the concept of BOM with the help of a suitable example? 5. Shah Woods a furniture manufacturing company has developed a product structure for their latest Model of Product X which consist of two components namely A & B. To manufacture this model they require 2 units of A & 4 units of B. The Planned order release for product X were 80 units in week 3, 160 units in week 6 & 320 units in week 8 for the planning horizon of 8 weeks. Prepare the MRP for only A & B. Shah Woods for both A & B maintains safety stock of 20 units along with a fixed order quantity of 50 units. The production lead time is 1 week. 6. Describe in brief the procedural steps involved in MRP computation?