indian institute of materials management … · plot nos. 102 & 104, institutional area, ... as...

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Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org ,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15 th Nov, 2013 only. Written Exams scores without assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper. 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 full escape 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 October against July-December, 2013 session. No delay will be acceptable. GDMM contact mode students are required to submit their assignments at their respective branches.

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Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

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 full escape 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

October against July-December, 2013 session. No delay will be acceptable. GDMM contact mode

students are required to submit their assignments at their respective branches.

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

IIMM Assignments _Paper -_Dec, 2013

PAPER- 1

MANAGEMENT PRINCIPLES & HRP

ASSIGNMENT No-1

Q.1.a) Define the term management. Discuss organizational hierarchy and

managerial skills.

b) Explain the decision making process in detail.

Q.2 a) Explain line and staff organization

b) What are the requirements of various controlling techniques?

ASSIGNMENT No-2

Q.1. a) Discuss the Maslow’s theory of hierarchy of needs.

b) Explain the leadership theories in detail.

Q.2. a) Discuss the barriers and breakdown in communication.

b) Explain the various types of performance appraisal schemes.

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Paper 2

QUANTITATIVE METHODS

ASSIGNMENT No-1

Q.1.a) Explain break even analysis with a suitable example.

b) What is ABC Analysis? Explain steps in ABC Analysis.

Q.2.A Company has three production facilities F1, F2 and F3 with production

capacities of 7, 9 and 18 units (in 100s) per week of a product, respectively. These

units are to be shipped to four warehouses W1, W2, W3 and W4 with requirement

of 5, 6, 7 and 14 units (in 100s) per week, respectively.

The transportation costs (in rupees) per unit between factories to warehouses are

given in the table below:

W1 W2 W3 W4 Capacity

F1 19 30 50 10 7

F2 70 30 40 60 9

F3 40 8 70 20 18

Demand 5 8 7 14 34

Obtain an optimal solution using MODI method.

ASSIGNMENT No-2

Q.1.a) what is forecasting? Explain various methods of forecasting.

b) Explain Queuing system with a suitable example

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Q.2.A small project consists of seven activities, the details of which are given

below:

Activity Duration (days) Immediate

Predecessor Most likely Optimistic Pessimistic

A 3 1 7 --

B 6 2 14 A

C 3 3 3 A

D 10 4 22 B,C

E 7 3 15 B

F 5 2 14 D,E

G 4 4 4 D

a) Draw the network diagram, number the nodes, find the critical path and

expected project completion time.

b) What project duration will have 95% confidence of completion?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Paper- 3

Business Economics and Finance

ASSIGNMENT No-1

Q.1.a) What are the various types of demands? What are the shifts in demand

curve?

b) What are the roles of financial institutions?

Q.2.Explain the following with respect to measurement of national income

a) GDP, GNP and NNP

b) Economic indicators & indices

ASSIGNMENT No-2

Q.1. a) What is quality culture? What are the values of quality cultures?

b) What are the branches of accounting? What is the scope of management

accounting?

Q.2.a) What is foreign direct investment? What are the types of foreign direct

investment?

b) Explain the method of preparing trial balance sheet with an example. What

are the types of errors in this?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER – 4

INFORMATION TECHNOLOGY AND E-COMMERCE

ASSIGNMENT No-1

Q.1.Explain the following components of a digital computer.

a) Input and Output units

b) Central processing units

c) Memory unit

Q.2.a) What is windows? What is the importance of windows?

b) What is PowerPoint? Discuss the term Templates.

ASSIGNMENT No-2

Q.1.a) What are the various applications of Internet?

b) What is Electronic mail? What are the limitations of it?

Q.2.a) What are the various legal issues related to internet commerce?

b) Explain the Re-engineering process in detail

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER – 5

PURCHASING MANAGEMENT

ASSIGNMENT No-1

Q.1.a) Define the term purchasing. What are the various objectives of purchasing?

b) What are the duties and responsibilities of purchasing officer?

Q.2.What is outsourcing? What are the factors determining make or buy or

outsource decision?

ASSIGNMENT No-2

Q.1. What are the factors used to analyze supplier performance? What is total cost

of ownership?

Q.2. Write short note on any four of the following:

a) Vendor quality rating

b) Excise duty

c) Vendor/supplier analysis

d) Material handling

e) Phases of vendor negotiation

f) Purchase order

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER – 6

BUSINESS LAWS

ASSIGNMENT No-1

Q.1. Explain the various laws and their relevance. What are the various types of

contracts?

Q.2. What are the essentials of contract of sale? Explain the various foreign trade

regulation rules

ASSIGNMENT No-2

Q.1. Explain the concept of custom act. What are the various types of custom

duties?

Q.2. Write short notes on any four

a) Quasi Contracts

b) International Arbitration

c) Sales Tax

d) Value Added Tax

e) Law of insurance

f) Industrial disputes act

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER -7

INTERNATIONAL TRADE

ASSIGNMENT No-1

Q.1.What are the current challenges and opportunities in economic development?

Q.2.Write short note on any four of the following:

a) Theory of world trade

b) Policy of import linearization

c) Instruments of trade policy.

d) NAFTA Agreement

e) An evaluation of GAAT

f) WTO

ASSIGNMENT No-1

Q.1.a) Explain the various advantages and disadvantages of FDI.

b) What is custom? Explain the custom clearance procedure for imported and

exported goods.

Q.2.a) What is incoterm ? What are the various types of incoterms ?

b) What are the various factor affecting exchange rate?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER - 8

OPERATIONS MANAGEMENT

ASSIGNMENT No-1

Q.1.What are the various methods of demand forecasting? Explain Time series

method in detail

Q.2.What is Kanban system? Explain PCDA cycle in detail.

ASSIGNMENT No-2

Q.1.How does JIT system eliminates waste? What are the benefits of JIT

manufacturing?

Q.2.What is the difference between line layout and functional layout?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER - 9

STRATEGIC MANAGEMENT

ASSIGNMENT No-1

Q.1.What is the importance of strategic management? Discuss the modes of

strategic management

Q.2 Write short note on any four of the following:

a) Components of decision making

b) Elements of strategy

c) Environmental Appraisal

d) SWOT Analysis

e) Strategy formulation

f) Value chain analysis

ASSIGNMENT No-2

Q.1. Define market segmentation. What is the importance of market segmentation?

Q.2.a) Write short note on organizational culture.

b) What are the various criteria for evaluating strategies?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER - 10

INVENTORY MANAGEMENT

ASSIGNMENT No-1

Q.1What is inventory control? What are the various reasons for carrying

inventory?

Q.2 Explain the following:

a) ABC analysis with suitable example

b) XYZ analysis with suitable example

ASSIGNMENT No-2

Q.1 Write short note on the following:

a) Inventory carrying cost

b) Economic order quantity

Q.2 Explain the various methods of inventory valuation? Which method is most

suitable for perishable commodities and why?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER - 11

LOGISTICS AND SUPPLY CHAIN MANAGEMENT

ASSIGNMENT No-1

Q.1.Explain the logistic performance cycles in detail. Discuss the various logistics

organizations

Q.2.Write short note on global logistics. What are the various barriers to global

logistics?

ASSIGNMENT No-2

Q.1 What are the various types of inventories? What are the various components of

inventory carrying cost?

Q.2.What is logistical measurement? What are the characteristics of an ideal

measurement system?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER - 12

PACKAGING, DISTRIBUTION & RETAIL SUPPLY CHAIN MANAGEMENT

ASSIGNMENT No-1

Q.1.What are the principles of packaging? What are the factors affecting choice of

distribution channels?

Q.2.What are the conventional methods of determination of packaging costs?

ASSIGNMENT No-2

Q.1.Explain the various incoterms used in international trade.

Q.2. Write short notes on any four

a) Packaging industry in India

b) Containerization

c) Multimodal Transport

d) Need for physical distribution

e) Vendor managed inventory

f) Transport Laws

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER - 13

RESEARCH METHODOLOGY

ASSIGNMENT No-1

Q.1.a) What are the characteristics of scientific research method? Discuss the

limitations of marketing research.

b) Explain the various measures of central tendency

Q.2. Write short note on any four of the following:

a) Formulation of research hypothesis

b) Modes of data collection

c) Sampling Theory

d) Normal distribution

e) Theory of estimation

f) SPSS Software

ASSIGNMENT No-2

Q.1.a) What is ANOVA? Explain it with a suitable example.

b) Write short note on regression analysis.

Q.2.a) Calculate the mean for the following data

34, 28, 50, 25, 8

b) During a summer class there were 7 students. Their test scores are given

below. What is the median test score?

95, 76, 88, 94, 67, 38, 90

c) What is the mode for the set below?

12, 15, 13, 18, 15, 10, 13, 19, 13

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER -15

STRATEGIC COST AND FINANCIAL MANAGEMENT

ASSIGNMENT No-1

Q.1.What is Ratio Analysis? Describe the various types of ratios.

Q.2.A company is planning to purchase a machine to meet the increased demand

for its products in the market. The machine costs Rs 50,000 and has no salvage

value. The expected life of the machine is 5 years, and company employs straight

line method of depreciation for tax purpose. The estimated earnings after taxes are

Rs 5,000 each year for 5 years. The after-tax required rate of return of the company

is 12 percent.

Determine the IRR. Also find the payback period and obtain the IRR from it.

ASSIGNMENT No-2

Q.1.What is the concept of leasing? What are the types of lease agreements?

Q.2. Write short notes on any four

a) Wealth Maximization

b) The risk/return trade-off in financial analysis

c) Financial Leverages

d) Commercial Banks

e) RBI’s norm for bank credit

f) Techniques for cash management

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER-16

BUSINESS STATEGIES AND WORLD CLASS MANAGEMENT

ASSIGNMENT No-1

Q.1. What are the business challenges of the information age? What are the various

problems in the manufacturing industry?

Q.2.Explain the details of the strategic planning methodology for world class

manufacturing.

ASSIGNMENT No-2

Q.1.Explain the Deming’s fourteen points for quality improvement

Q.2. Write short notes on any four

a) KANBAN

b) Quality Circle

c) Zero Defect

d) Enterprise Resource Planning

e) Cost of Quality

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER -17

ADVANCED SUPPLY CHAIN MANAGEMENT

ASSIGNMENT No-1

Q.1. What is Supply Chain Management? Explain the need for Supply Chain

Management

Q.2. Write short notes on the following:

a) ABC Classification Analysis

b) Pareto Distribution

c) Bullwhip Effect

d) 3PL

ASSIGNMENT No-2

Q.1. What is the role of IT in supply chain? Name the various information

technologies used in supply chain management

Q.2. What is DSS? What are the analytical tools & techniques for DSS ?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Paper 18.a

PROJECT MANAGEMENT

ASSIGNMENT No-1

Q.1. What is project management? Describe the various stages of project/product

life cycle

Q.2.What are the various types of project organizations? Explain

functional/hierarchical organization in detail.

ASSIGNMENT No-2

Q.1.An engineer has been awarded a contract to prepare plan for an urban renewal

project. The job consists of the following activities and their estimated times:

Activity Immediate

Predecessors Time (days)

A -- 2

B -- 1

C A 3

D A,B 2

E C,D 1

F B,D 3

G E,F 1

a) Draw the network diagram of activities for the projects

b) Indicate the critical path, and calculate the total float and free float for

each activity.

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Q.2. Write short notes on the followings:

a) Line of Balance

b) CPM & PERT

c) Gantt Chart

d) Network crashing techniques

PAPER- 18.b

DECISION SUPPORT SYSTEM

ASSIGNMENT No-1

Q.1.a) What are the characteristics and objectives of DSS?

b) What are the advantages and limitations of DSS?

Q.2.a) Explain the concept of data warehousing?

b) What are the challenges of data integration?

ASSIGNMENT No-2

Q.1.a) Discuss the components of decision support system?

b) What are the various factors affecting GDSS?

Q.2. Write short notes on any four of the following:

a) Simon’s Model

b) Decision Making Process

c) DSS Tools and techniques

d) The VBA Language

e) OLTP

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

PAPER- 18.C

OPERATIONS RESEARCH

ASSIGNMENT No-1

Q.1.Discuss the various types of models in operation research? What are the

various reasons for carrying inventory?

Q.2. A company manufactures television and radio sets has four major

departments: chassis, cabinet, assembly and final testing. The monthly capacities

of these are as follows:

Television Radio

Chassis 1500 or 4500

Cabinet 1000 or 8000

Assembly 2000 or 4000

Testing 3000 or 9000

The contribution of television set is Rs 500 and that of a radio set Rs 250. Assume

that the company can sell any quantity of either product. Formulate this problem as

an LP model to determine the optimal combination of television and radio sets.

ASSIGNMENT No-2

Q.1.A contractor has to supply 10,000 bearings per day to an automobile

manufacturer. He finds that when he starts production run, he can produce 25,000

bearings per day. The cost of holding a bearing in stock for a year is Rs 2 and set-

up cost of a production run is Rs 180. How frequently should production run be

made?

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Q.2. Write short notes on any four

a) Linear programming model

b) Queuing process

c) Failure in replacement decision

d) Simulation process

e) EOQ Model

f) Application of operation research

Paper-18.d

MARKETING MANAGEMENT

ASSIGNMENT No-1

Q.1. a) Explain buyer or consumer behavior.

b) What are the factors influencing consumer’s buying decision process?

Q.2.What is product life cycle? Explain the various stages of product lifecycle

ASSIGNMENT No-2

Q.1.What is product differentiation? What are the tools for product differentiation?

Q 2 a) Define market research.

b) Explain the popular methods for data collection.

Note: As per IIMM NHQ circular dated 21.12.2012, (uploaded on www.iimm.org,) late receipt of assignments with late fees @ Rs. 200/- per paper can be accepted till 15

th Nov, 2013 only. Written Exams scores without

assignments will not be valid, hence student will not be eligible & required to re-appear for theory paper.

Paper-18.e

TOTAL QUALITY MANAGEMENT

ASSIGNMENT No-1

Q.1.Write short note on the following:

a) Total quality management

b) Just in time manufacturing

c) KANBAN

Q.2. a) What is lean manufacturing? Discuss the term KAIZEN in detail.

b) Explain the ISO 9000 Quality Management Systems

ASSIGNMENT No-2

Q.1.Explain the following:

a) Total productive maintenance

b) Benchmarking

Q.2.Write short note on the following:

a) Quality performance

b) Cost of quality