INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Materials Management
Paper 18.b
Retail Management
Date: 17.06.2017 Max. Marks 100
Time: 2.00 p.m. to 5.00 p.m. Duration 3 hours
Instructions:
1. From part "A" answers all questions (compulsory). Each sub-question carries 1 mark. Total marks 32.
2. From part "B" answers any three questions out of 5 questions. Each question carries 16 marks. Total marks =48.
3. Part "C" is a case study (compulsory). Total marks 20

PART A 32 x1 32 marks)
Q. 1 Match Column "A" and Col. "B "
"A" "B"
a. Income tax i. A pplicable on Import
b. Warehousing ii. O ne tax for entire indirect tax system
c. EOQ iii. Direct tax
d. Excise Duty iv. Stock of items
e. VED analysis v. Applicable on manufactured goods
f. GST vi. Spare parts inventory control
g. Inventory vii. Optimum order quantity
h. Customs duty viii. Accounting of stores
Q. 2. Expand the following Abbreviations
i. GAAP
ii. LPG
iii. PRIL
iv. CCI
v. TPR
vi. SCIS
vii. FEMA
viii. COD
Q. 3.True or False
i. FIFO is used in valuation of the inventory.
ii. FSN Analysis is based on the criteria of consumption value.
iii. Retailing is breaking the bulk.
iv. Organised retail formats are a threat to traditional kirana shops.
June 2017
v. Local authorities are not empowered to levy tax on immovable properties.
vi. Security bar code labelcannot be copied by a copier.
vii. India has a federal three tier tax framework
viii. Expediting is monitoring the deliveries of materials
.Q 4. Fill in the blanks.
i. the cost that has already been incurred
ii. CVD is equivalent to
iii. Additional duty of customs is also known as Duty
iv. Prime cost is combination of direct materials and
v. 3PL providers provide
vi. SKUs of each item in necessary for items.
vii. Procurement is the goods or services
viii. vital& important document which every importer has to submit under section 46.
PART-B 48 Marks
Attempt any three. Each question carries 16 marks)
Q5 Describe in detail the organised and unorganised retailing formats.
Q.6 What is EOQ? Explain the method of calculating EOQ and its constraints.
Q.7 What is Logistics Management? Explain the various types of packaging and their importance
Q8 What are the Inventory ControlTechniques? Explain the technique most suitable for controlling machinery spare parts.
Q.9 What is Retail Supply Chain Management? Discuss the role of IT in retail SCM.
PART-C 20 Marks
(COMPULSORY)
Q10 Mr. John, owner of a bicycle shop in Delhi sells 12, 00 model XT4 helmets every year. In an effort to find out what the optimum order size is for these helmets, he has gathered the following data.
Each helmet costs Mr. John Rs.120/-.. It costs Mr. John Rs.72/- to process each purchase order that he submits for helmets. His carrying cost is 10% and his bicycle shop is open for business 300 days per year.
Kindly use the above information and answer the following questions:
Find Mr. John EOQ for the helmet.
Calculate annual cost of ordering the helmet.
Calculate annual cost of storing the helmet.
Determine number of orders Mr. John would place each year for helmets.