INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Materials Management
Graduate Diploma in Materials Management
PAPER No. 11
LOGISTICS MANAGEMENT
Date 16.06.2017 Max. Marks :100
Time 10.00 a.m. to 1.00 p.m. Duration 3 Hrs.
Instructions:
1. PART A is compulsory. Answer all questions. Total marks 32
2. From PART answer any three questions. Each question carries 16 marks . Total marks 48
3. PART C is Case Study and is compulsory. Answer the questions reflecting through understanding of the case. Total marks 20
4. Please read instructions on the answer sheet carefully.
PART A 32x1 32 marks
(compulsory- Attempt all Questions each question carries 1 mark)
Q 1. Fill in the blanks 8 marks
Supply buffer management includes the use of various buffers to manage the volatility in
buffer can be used to manage unexpected surges in demand not only for unplanned demand but also for planned demand
Inbound logistics or the process of acquisition of material is typically called
is successful when the product quality is high
principle reduce ratio of mobile handling equipment dead weight to load carried.
Economy of scale refers to the characteristics that transportation cost per unit of weight when size of the shipment increases
No. of consignment damaged in transit total no of consignments
to the collection of large quantities of a single product or several different
products so that they can ultimately be sold as a group
June 2017
Q. 2. Match the following: 8 marks
Column A
Column B
Turn velocity
Is defines as the situation the company presents before the arrangement
with a 3PL in terms of the metrics it consider relevant for its performance
Rapid response
It allows for increased efficiency
Warehouse
It is a functional driver of distribution efficiency
Stow ability
Involves the rate of inventory usage over a period of time
Base Case
Is done to goods returned by customers due to damage, defects or below
par performance during the warranty period.
Refurbishing
Is concerned with a firm's ability to satisfy customer service requirement in a
timely manner
Specialization
Refers to vehicle space utilization as is reflected by product dimensions
Formalization
Has become an integral part of JIT and stockless production strategies
Q. 3. Find True or False of the following 8 marks
The traditional solution to accommodate variance was to establish safety stock inventory or use high-cost premium transportation
Outbound logistics means the movement of material received from suppliers
The flow of the supply chain that occurs within the individual organizations is called the internal supply chain.
Stock spotting is commonly used in physical distribution for organizations products to farmer during the growing seasons
Control principle use handling equipments to improve production capacity
Zero level channel is used for consumer durable products
Logistics can be included centrally or decentrally in the current organizational structure as an additional operations
Modules re the actual routines that process data or information such as entering order or assigning inventory
Q. 4. Expand the following 8 marks
JIT
TQM
MRP II
ATO
CTM
LTL
CWC
GRN
PART B
Write any three of the following questions 16 marks each (48 Marks)
Q. 5. Describe the various types of warehouses
Explain transport economics with suitable diagram
Q. 6. Differentiate between standing cost and operating cost of transportation
Describe the system designed for reverse logistics
Q. 7. Explain the concept of channel flow
Describe logistics operational support functions
Q. 8. Describe the satellite communication and internet bar code and scanning
Discuss the various key enables and growth drivers of logistics industry of India
Q. 9. Write short note on (Any Two)
Capacity Buffer
Refrigerated warehouse
ASRS Systems
PART C 20 Marks
Q. 10. CASE STUDY
The Hardrock Concrete Company has plants in three locations and is currently working on three major construction projects, each located at a different site. The shipping cost per truckload of concrete, daily plant capacities, and daily project requirements are provided in the accompanying table.
To
Project A
Project B
Project C
Plant Capacities
From
Plant1
$10

$11
70
Plant2
12
5
8
50
Plant3
9
7
6
30
Project Requirement
40
50
7
15
Formulate an initial feasible solution to Hardrock's transportation problem
Was the initial solution optimal?