mmpo 06 solved assignment 2022-23

Description

MMPO-06Materials Management
Course Code: MMPO-06
Course Title: Materials Management
Assignement Code : MMPO-06/TMA/2022-23

Course : New MBA
Session 2022-23
Submission date : Last date of submission for July 2022 session is 31st October, 2022 and for January 2023 session is 30th April, 2023

Questions in assignment

1. “Inventory hides problems and inefficiencies.” Explain this preposition and highlight need for pull
systems.
2. What do you understand by spare parts management? What are the challenges faced by production
units while managing the spare parts?
3. Explain the concept of materials management. Also, explain why control is needed in materials
management?
4. “To develop long term relations and to mutually benefit from them, amicable negotiations in a
transaction are preferred.” Comment on the statement.
5. “Understanding the types of production systems and layouts are necessary to minimize work in
process (WIP)s, and their waiting and processing times. “ Explain, in view of statement, the various
types of production systems and layouts.

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