College : Indian Institute of Materials Management
Degree : PGDLM (PG Diploma in Logistics Management )
Subject :Logistical Systems Operation
Document Type : Question Paper
Website : iimm.org
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Logistical Systems Operation Question Paper :
INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Logistics Management
Date: 14.12..2013
Max Marks: 100
Time: 2.00 p.m. to 5.00 p.m.
Duration: 3 Hours
Related : Indian Institute of Materials Management Strategies & Organization In Logistics PGDLM Question Paper : www.pdfquestion.in/6761.html
Instructions:
1) Part A- Answer all questions compulsory Total Marks=32
2) Part B-Answer any three questions Total Marks=48
3) Part C -Compulsory Total Marks=20
PART – A (32 x1 = 32 marks)
Q.1 True or False Marks : (8)
a) Shipment consolidation is an economic benefit of warehousing.
b) Forecasting demands can be classified as either dependent or independent.
c) Safety stocks do not protect against uncertainty.
d) Moving average forecasting uses an average of the most recent period’s data.
e) Establish appropriate forecast feedback loop so that the process can be improved.
f) Inventory decisions are low risk and low impact from the perspective of logistics operation.
g) The ideal inventory process consists of manufacturing a product to a customer’s specification once the order is placed
h) Forecasts can be developed with either the top-down or the bottom-up approach.
Q.2. Fill in the blanks: – Marks(8)
a) A warehouse is typically viewed as a place to ……. inventory.
b) Full warehouse utilisation throughout the year is possible for …………. goods.
c) Safety stocks protect against …………………
d) Logistics requires a ……………. quantity for planning and coordination.
e) ……………. techniques cover time …… analysis of forecasting.
f) Forecast approach bottom-up is …………………since each distribution centre forecast is developed independently.
g) The time horizon for logistics operation ………….. is normally one year or less.
h) The three forecast techniques are – quantitative, time series and ………
Q.3. Give full-form of the following : Marks(8)
a) OECD
b) MAD
c) MRP
d) LIS
e) COFC
g) AFTA
h) CLM
i) POQ
Q.4 Match the following from Colum A and Colum B Marks(8)
Column – A Column B
1. Logistical objectives – a) most widely used intermodal transport system.
2. Bonded warehouse – b) rely heavily on expert opinion and preferences.
3. Decoupling – c) statistical method using historic data with clear, stable relationships and trends
4. Quantitative techniques – d) should be established if it can render either service or cost advantage.
5. TQM – e) licensed by the government to store goods prior to payment of taxes and duties.
6. Ware house – f) ensures proper balance between total logistics cost & desired level of customer service.
7. Time series analysis – g) most advanced logistics change driver
8. TOFC – h) provides for maximum operating efficiency.
PART – B ( any three) 16 x 3 = 48 marks
Q5. What are inventory management policies? Explain in detail the different approaches.
Q6. What are the benefits and constraints of DRP? Explain in detail.
Q7. What are the economic and service benefits derived from the warehouse? Explain in detail.
Q8. What are warehousing alternatives? Explain in detail.
Q.9. Write short notes : (Any four)
a) Pareto’s rule – ABC Analysis
b) Training of Materials Management
c) Ware house productivity
d) Advantages of DRP
e) Types of packaging
f) JIT inventory
g) Robotics
PART- C :
Q.10. Case Study : 20 marks
M/s XYZ is a limited company with sheet metal work, fabrication, manufacturing and assembly as the main work. The materials handled are both metallic and non-metallic, including some non-ferrous items. Considering the nature of work, off cuts, end pieces, wastage and scrap generation is inevitable. The same is being dumped in one of the company warehouse from where it was periodically disposed off. The yearly turnover is estimated to be about Rs 100 crore, and the overall wastage was in the order of 8-10%.
Please outline five major steps that you will take to revamp the whole process. Please also explain these five major steps in detail.