CII Institute of Logistics
PGDSCM/DSCM/ADSCM & CERTIFICATE PROGRAMS
Semester-end Examinations- December 2011
WAREHOUSING AND INVENTORY MANAGEMENT
Time: 3 Hours Marks: 100
Answer all questions (10 x 1 = 10 marks)
1. A warehouse that is owned and operated by an organization, including government agency and can be only used by a company on certain terms and conditions is called:
a. Private warehouse
b. Bonded warehouse
c. Public warehouse
d. Government warehouse
2. An advantage of public warehousing is:
a. Enables the ...view middle of the document...
30% of the items but 15% of dollar usage
b. 50% of the items but 5% of dollar usage
c. 20% of the items but 80% of dollar usage
d. None of the above
9. The quantity of materials to be ordered in order to minimize inventory costs is called:
10. The advantage of gravity conveyors is:
a. Maximize utilization of floor space
b. Low initial and operating cost
c. Increase inventory accuracy
d. Increase the work in progress
Answer any four (4 x 15 = 60 marks)
1. Describe in detail the functions/activities carried out in a warehouse.
2. What are the various reasons for holding inventory in an organization?
3. Describe the various pallet storage systems in detail.
4. Give overview of RFID technology and its applications in a warehouse.
5. Explain about bar coding systems and their applications in the logistics industry.
6. What are the different types of conveyors used in a warehouse? Describe them briefly.
Case study (3*10=30 marks)
Please read the case and answer the questions given below:
The Eagle Machine Company has fallen on bad times. Eagle, a maker of specialty restaurant equipment, has sales totaling Rs.72 million. But sales are declining while costs continue to increase. If things continue in this direction, Eagle may soon have to close its doors. At a special management meeting, the president lays it on the line! He demands that the firm break even in the remaining quarter of the year. For next year, he calls for 5 percent profits, a 20 percent increase in sales, and deeper cuts in labor, material and overhead. Later in the day, the president calls Mr.Manoharan, V.P. - Finance & Accounts, in for a discussion.
“Manoharan, I want you, Finance & Accounts people to carry the ball at the start of this game. We can’t get sales moving for six months. But you can improve your housekeeping- and Eagles profit-right away. Just think what you can do to that chart! Every penny you save is profit! So take...