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Assignments Jan June2013

The document provides important instructions for students regarding assignments for various subjects related to the Indian Institute of Materials Management distance learning program. Some key points include: 1. Assignments are compulsory and carry 20% weightage in the final exam result. Students must secure 50% marks in assignments to pass. 2. Each subject has two assignments that carry 10 marks each. Assignments must be submitted by the given deadlines following the guidelines. 3. Questions, problems or queries regarding assignments should be discussed with the respective branch or education wing. Assignments must be submitted using the proper paper size and format.

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Dharmesh Mistry
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© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
81 views

Assignments Jan June2013

The document provides important instructions for students regarding assignments for various subjects related to the Indian Institute of Materials Management distance learning program. Some key points include: 1. Assignments are compulsory and carry 20% weightage in the final exam result. Students must secure 50% marks in assignments to pass. 2. Each subject has two assignments that carry 10 marks each. Assignments must be submitted by the given deadlines following the guidelines. 3. Questions, problems or queries regarding assignments should be discussed with the respective branch or education wing. Assignments must be submitted using the proper paper size and format.

Uploaded by

Dharmesh Mistry
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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INDIAN INSTITUTE OF MATERIALS MANAGEMENT

NHQ- Education Wing


Plot Nos. 102 & 104, Institutional Area, Sector-15, CBD Belapur, Navi Mumbai- 400 614
Phone:022-27571022 Telefax:022-27565741

IMPORTANT POINTS TO BE NOTED BY THE STUDENT


1. Write your Name, Roll. No. and complete mailing address with Pin Code on

the answer sheet.


2. Submission of assignments is compulsory and marks obtained in assignments
carry 20% weight-age in the final result.
3. Students are required to secure 50% marks in assignments to pass the
examination.
4. Each subject will have two assignments and each assignment carries 10 marks
only.
5. Assignments must be written by the students in their own good hand writing and
one copy of the same be retained with them to avoid inconvenience in the
event of misplacement / loss of the same in transit.
6. The answers should be brief to the point and relevant to the questions given in the
assignment. Do not reproduce your answers from the study materials sent to you.
7. Problems/queries with regard to assignments, if any, are to be discussed with
respective branch / NHQ and during the contact classes.
8. Use only foolscap size paper for your answers and all the answer sheets must
be tagged / tied firmly with string.
9. Assignments in respect of distance mode students must reach IIMM NHQ
Education Wing latest by 30 April against Jan-June, 2013 session. No delay will
be acceptable. GDMM contact mode students are required to submit their
assignments at their respective branches.

ASSIGNMENTS
(Jan-June,2013 Session )
PAPER 1
MANAGEMENT PRINCIPLES & HRP
ASSIGNMENT No-1
Q.1 what are the objectives and functions of Human Resource Management
Q. 2 Write short notes on:
i)
ii)

Management by objectives.
Employee Induction and Training.
ASSIGNMENT No-2

Q. 1. Describe different types of motivation theories the need and importance of


motivation for running a successful and progressive business organization,
Q. 2. Explain the concepts involved in Employee Performance Appraisal. How it
helps the Managers to improve productivity of the organization at all levels.
Paper 2
QUANTITATIVE METHODS
ASSIGNMENT No-1
Q 1.

The objective function and constraints of a problem are given below :Maximize profit
= 30x1 + 40x2

a)

4x1 + 2x2 16
2x1 x2 2
x2 2
x1, x2 0
Make a relevant graph of feasible solution

b)

Evaluate the objective function at each corner point

c)

Identify the optimal solution

Subject to

Q 2.

Find out expected Time and Variance.


Activity

PQ

JK

10

C, D

MN

Immediate
Predecessors

ASSIGNMENT No-2
Q1

Warehouse requirements & Factory capacities along with cost of transportation of M/s
JAYA & JAYA confectionery is shown below.
A

D
Rs. 5

E
Rs. 4

F
Rs. 3

Factory
Capacity
100

Rs. 8

Rs. 4

Rs. 3

300

Rs. 9

Rs. 7

Rs. 5

300

Warehouse
300 either by
200
700 Rule
Solve
the above problem
VAM or by200
North West Corner
Capacity
Write short notes :a)
b)
c)
d)
e)

Safety Stock
Seasonal Forecasting
Minimax Criterion
Probability Distribution
ABC Analysis

Paper- 3
Business Economics and Finance
ASSIGNMENT No-1
Q.1. Compare and contrast with distinction between Market Price and Normal Price.

Q.2. Write Short Notes:a) RBI is a controller of credit explains.


b) Indian economy is predominantly of rural life elucidate.
c) What are subsidiary books of accounts and its features and advantages.
d) Explain the importance of foreign aids to India.
e) What do you mean by costing and cost accounting?
ASSIGNMENT No-2
Q.1. Make appropriate journal entries of the following transactions.
1. On 1.1.2010. Siddu commenced Business with cash of Rs.13000/2. On 5.1.2010 He purchased goods for cash Rs.2500/3. On 10.1.2010 He bought goods on credit from Mr. Manish, Rs.1000/4. On 15.1.2010 Sold goods for cash Rs.7000/-.
5. On 20.1.2010 he deposited cash into ICICI Bank Rs.5000/-.
6. On 25.1.2010 He paid salary Rs.400/-.
Q.2. Illustrate the distinction between Fund flow and cash flow Analysis .
PAPER 4
INFORMATION TECHNOLOGY AND E-COMMERCE
ASSIGNMENT No-1
Q.1. Explain the various elements of a computer using a suitable block diagram
and the difference between LAN and WAN.
Q.2. Explain Cryptography and different provisions contained in Cyber Laws
ASSIGNMENT No-2
Q.8. Explain the various features and applications of MS-Excel with examples.
Q.9. Explain Electronic Commerce models with practical applications.
PAPER 5
PURCHASING MANAGEMENT
ASSIGNMENT No-1
Q.1 Explain the activities, duties and functions of Purchasing Department and
importance of Delegation of Authority in a large organization.
Q.2 Discuss various types of payment terms and the effect of appropriate payment
terms on purchasing decision.

ASSIGNMENT No-2
Q.1 Write short notes on Green Purchasing and Supplier partnership in Purchasing.
Q.2 Expediting for execution of orders is very important in current scenario. Please
establish procedure of expediting for medium scale manufacturing unit.
PAPER 6
BUSINESS LAWS
ASSIGNMENT No-1
Q.1. Explain the major conditions in the contracts for sale of goods and services.
Q.2. Explain the following.
1. Capacity to contract
2. Doctrine of caveat emptor
3. Value Added Tax
4. Capacity to contract
ASSIGNMENT No-2
Q1. Distinguish between
1. Promissory Note and Bill of Exchange
2. Substantive Law and Procedural Law
3. Criminal Law and Civil Law
4. Sale and Lease
Q. 2 Explain the main provisions of Minimum Wages Act.

PAPER -7
INTERNATIONAL TRADE
ASSIGNMENT No-1
Q .1. Define the term International Trade and enumerate economic benefits of
International Trade to Indian economy.
Q.2. Narrate the steps to be adopted for export of a representative commodity of
your choice from India to a representative country of your choice.

ASSIGNMENT No-2
Q. 1. Explain the role and importance of Incoterms in International Trade.
Q. 2. Explain the global Exchange Rate mechanism, various factors that affect
exchange rate and the current exchange rates with examples.
PAPER - 8
OPERATIONS MANAGEMENT
ASSIGNMENT No-1
1. Explain the concept involved in operations strategy and the emerging trends
in the area of Operations Management.
2. Draw the network. Find critical path and project duration:
Activity

Predecessor

Duration
(Weeks)

D, E

ASSIGNMENT No-2
Q.1. Explain the concepts involved in Product Layout and its advantages and
disadvantages vis--vis process layout.
Q.2. 18 carpets were observed closely and the number of defects in their texture was
noted. Draw a control chart for the number of defects.
No. of
defects

No. of
carpets

PAPER - 9
STRATEGIC MANAGEMENT
ASSIGNMENT No-1
Q.1. Explain the role and importance of External and Internal Environment in
Strategic Management of a representative organization
Q.2. Illustrate the term Benchmarking and different types of benchmarking with
suitable examples of benchmarking.
ASSIGNMENT No-2
Q.1 which are the features of Functional Structure? Write the advantages and
Limitations of the functional structure
Q.2. Explain the concepts SWOT analysis, Illustrate SWOT analysis with diagram
and mention the benefits of SWOT analysis
PAPER - 10
INVENTORY MANAGEMENT
ASSIGNMENT No-1
Q.1. Discuss the reasons for carrying inventory and various techniques for inventory
control with their merits and demerits.
Q.2. Write short notes on the following.
a) XYZ Analysis
b) Lead Time c) Inventory Turn Over Ratio
d) WIP Inventory e) Re-order Level
ASSIGNMENT No-2
Q. 1. Describe the advantages and disadvantages of Vender Managed Inventory.
Q.2. Write short notes for any 4 on the following.
a. Benefits of Inventory Management Applications
b. Weighted Moving Average Method
c. Inventory Categorization
d.Three Bin System
e. Planning BOM
PAPER - 11
LOGISTICS AND SUPPLY CHAIN MANAGEMENT
ASSIGNMENT No-1
Q.1. Discuss various service attributes of logistical system and the value added
logistical services extended by logistical service provider.

Q.2. What are the components of supply chain? Please discuss importance of each
in brief. Describe the role of logistics in the success of supply chain of a firm.
ASSIGNMENT No-2
Q.1. Mention the factors that have a bearing on location of a Warehouse. Discuss
also in detail macro & micro approach in Warehouse selection and acquisition.

Q.2. Discuss the various systems used for tracking consignments. How the usage of
new technologies will help in effective asset utilization in logistics supply chain?
PAPER - 12
PACKAGING, DISTRIBUTION & RETAIL SUPPLY CHAIN MANAGEMENT
ASSIGNMENT No-1
Q.1. Define packaging and explain five 5 Ps of Packaging Entities? Discuss how
packaging is used as a tool for sales promotion.
Q.2. Mention the various details contained in the Bill of Lading and also discuss the
various features of Bill of Lading.
ASSIGNMENT No-2
Q.1. Write short notes on the following.
a. Advantage of Containers
b. Bar Coding
c. Unitization
d. Analysis of Traffic Demand
e. Conflict Resolution
Q.2. Air freight greatly reduces the major component of the total distribution costs.
Prove the statement with your explanations.
PAPER - 13
RESEARCH METHODOLOGY
ASSIGNMENT No-1
Q.1. Explain the characteristics features of good research and describe the methods
for secondary data collection
Q.2. Write short note on the following
a) Mean, Median & Mode b) Index Number
c) ANOVA
d) Chi-Square Test

ASSIGNMENT No-2
Q.1.a) The mean of a distribution is 14 and the standard deviation is 5. What is the
value of the coefficient of variation?
Q.1. b) The marks of nine students in a mathematics test that had a maximum
possible mark of 100 are given below:
47 35 37 32 38 39 36 34 35
Find the Median of this set of data values.
Q.2. Explain the difference between the following
a) Probability Sampling & Non-probability Sampling
b) Parametric & Non-Parametric test

Paper -15
STRATEGIC COST AND FINANCIAL MANAGEMENT
ASSIGNMENT No-1
Q.1.

M/s Priya and Company Ahmadabad is manufacturing a special product


AXTN and in the course of manufacturing of the main product AXTN,
byproducts BYTN and BZTN also emerges. The joint expenses of manufacture
amount to Rs.2,39,100. All the three products are processed further after
separation and sold as per details given below:
Main product
By products
AXTN
BYTN
BZTN
Sales (Rs.)
1,80,000
1,20,000
80,000
Separation Costs incurred (Rs.)
12,000
10,000
8,000
Profit as percentage of sales (%)
25
20
15
The selling expenses are 10% of total cost of sales which are apportioned to
the three products in the ratio of 20:40:40. Prepare a statement showing the
apportionment of joint costs to the main product and the two By-products.

Q.2.

Write Short Notes on the following:


1) Responsibility centre.
2) Weighted Average Cost of Capital.
3) Sale and Lease back arrangement.
4) Functions of SEBI.
5) Distinction between Job Costing and Process Costing.

ASSIGNMENT No-2
Q 1. Describe the technical aspects of Project appraisal for a new company
.

Q.2.

The following are the summarized Balance Sheets of Growth Ltd:


Liabilities
31.3.08
31.3.09 (Rs.)
Share capital
450000
450000
General reserve
300000
310000
P & L a/c
56000
68000
Creditors
168000
134000
Cash provision
75000
10000
Mortgage loan
0
270000
1049000
1242000
Assets
Plant & Machinery 400000
320000
Investments
50000
60000
Inventory
240000
210000
Debtors
210000
455000
Bank a/c
149000
197000
1049000
1242000
During the year
(i)
Investments of Rs.8000 were sold for Rs.8500.
(ii)
Provision for tax was made at Rs.9000.
(iii)
Plant & Machinery costing Rs.10000 was sold for Rs.12000.
(iv)
Dividend was paid totaling Rs.44080.
Prepare the Cash Flow Statement under the indirect method as per
Accounting Standard -3 (revised).
Paper-16
BUSINESS STRATEGIES AND WORLD CLASS PRACTICES

ASSIGNMENT No-1
Q.1. Compare the models of world class manufacturing proposed by
Schonberger, Gunn and Maskell.
Q.2. Explain the following
a) SMED
b) Cellular manufacturing
ASSIGNMENT No-2
Q.1. Write short notes on any four
c) TOPP system of performance measurement
d) Halls model of Value Added Engineering
e) The Supplier Interface
f) Porters value chain
g) Production leveling
Q.2. Explain the issues involved in strategic planning and the various information
management tools used in World Class Manufacturing.

Paper -17
ADVANCED SUPPLY CHAIN MANAGEMENT
ASSIGNMENT No-1
Q.1. Explain the concept of logistics network and the key issues involved in
Advanced Supply Chain Management.
Q.2. Explain the principles of supply chain information system and the methods of
coping with bullwhip effect?
ASSIGNMENT No-2
Q.1. Explain the forces that drive the trend toward globalization and need for
entering into strategic alliances by the organizations
Q.2.

Write short notes on any four


a) Supplier integration for new product development
b) Dimensions of customer value
c) IT infrastructure components
d) Advantages of centralized buying
e) Commercial taxes
Paper 18.a
PROJECT MANAGEMENT

ASSIGNMENT No-1
Q 1 Discuss the design of Control System for controlling major constraints like
time, cost and quality for successful completion of a project.
Q.2. Illustrate the basic steps involved in constructing and analyzing the Activity
diagrams, Arrow diagrams and Network diagrams.
ASSIGNMENT No-2
Q1. Describe the Project Appraisal, Justification and Evaluation techniques.
Discuss their advantages and disadvantages with respect to the overall
profitability of the company
Q2. Describe major Project planning techniques using graphical method for
timely completion of projects.
Paper 18.b
DECISION SUPPORT SYSTEM
ASSIGNMENT No-1
Q.1. Explain the comparative advantage derived by many business organizations by
proper application of Decision Making Tools for increasing productivity, efficiency, &
effectiveness with suitable examples.

Q.2. Elaborate an overview of Group Decision Support System and compare with
Expert systems used in Supply Chain Management.

ASSIGNMENT No-2
Q.1. Describe the concept of Data Mining, Explain the role, Importance and working
of Data Mining with appropriate examples.
Q.2.

Explain the concept of Decision Making and steps involved in Decision


Making Process of any familiar organization.
Paper 18.C
OPERATIONS RESEARCH

ASSIGNMENT No-1
Q.1. Explain the scope and methodology of Operations Research. What are the
advantages and limitations of mathematical modeling?
Q.2. On average 18 customers are served by a barber every hour. What is the
probability that a customer shall be free within 3 minutes and what is the probability
that a customer shall be serviced in more than 12 minutes?
ASSIGNMENT No-2
Q1. M/s. Spencers & Spencers a new firm has offered a quantity discount of 0.5 %
in case of purchasing an item five times the requirement in order to establish its
products in the market. The Supply Chain Management department of your company
has been following Purchase Policy based on Economic Order Quantity. The
administration cost / Ordering of purchase is Rs.100/- and the inventory carrying cost
is 20 %. You are required to advise the company whether the offer should be
accepted or not.
Q2 List down the steps involved and procedure for solving a Linear Programming
Problem by simplex method with the help of suitable example.

Paper-18.d
MARKETING MANAGEMENT
ASSIGNMENT No-1
Q1. What do you understand about the concept of Marketing Management in
Business environment?
Q2 What are the various aspects of Consumer Behavior? What are the different
social factors associated with consumer behavior.

ASSIGNMENT No-2
Q1. Describe the need and importance of Marketing Research? What are the main
categories and important steps involved in marketing research process?
Q2. (a) Describe the steps involved in development of new product.
(b) Enlist the benefits & challenges involved in branding commodities.
.Paper-18.e
TOTAL QUALITY MANAGEMENT
ASSIGNMENT No-1
Q1 What are 7 basic QC tools? How these tools are used in solving quality control
problem in an organization.
Q2 Describe the contributions made by Tom Peters and Ishikawa to the Quality
movement and implementation.
ASSIGNMENT No-2
Q1. Explain the concepts of Jurans quality trilogy and the experiences of Indian
companies for further improvement.
Q.2. Explain the ISO 9000 Quality Management Systems and the procedures involved
in obtaining Quality Management System Certifications by companies..

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