ASSIGNMENT
Course Code : MS - 56
Course Title : Materials Management
Assignment Code : MS-56 /TMA/SEM - I/2018
Coverage : All Blocks
Note: Attempt all the questions and submit this assignment on or before 31st October, 2017 to
the coordinator of your study centre.
1. Ethical conduct in purchasing depends, to a large extent, on the local culture to which the purchasing
agents and suppliers belong. Get the information related to this aspect in Indian context.
2. Differentiate between independent and dependent demand. Dependent demand inventory items do not
need to be forecasted. Why not? Explain with the help of examples.
3. How does JIT differ from MRPII? Briefly discuss the basic requirements and assumptions of JIT
implementation.
4. What do you understand by the term codification? What type of information should be built into a
code?
5. Write short notes on:
a. EPA
b. Obsolete and scrap
c. Stock verification