Get premium membership and access revision papers, questions with answers as well as video lessons.

Hps2212:Inventory Management Question Paper

Hps2212:Inventory Management

Course:Bachelor Of Commerce

Institution: Meru University Of Science And Technology question papers

Exam Year:2011

QUESTION ONE – 30 MARKS
(a) Explain the importance of materials management in an organisation. (6Marks) (b) What role is played by the Audit/Accounting department in the store (6Marks) (c) Explain the measures that an organisation should take to prevent material deterioration in the store. (6Marks) (d) Why should the stores management set aside some inventory as safety stock. (6marks) (e) Explain the major problems experienced by the stores management in material handling. (6Marks)
QUESTION TWO – 20 MARKS
(a) Explain the factors that should be considered in setting up a new storage facility in an organization. (12Marks) (b) As a stores manager, explain how you would ensure adequate security of stores. (8Marks)
QUESTION THREE - 20 MARKS
(a) Explain the key features of an automated store house. How would it look like? (8Marks) (b) As a stores Manager, explain the costs that may be associated with poor material handling techniques. (12Marks)
2
QUESTION FOUR – 20 MARKS
(a) Highlight the key persons that should be involved in setting up inventory levels indicating their roles. (8Marks) (b) Explain the importance of a good stores layout. (12Marks)
QUESTION FIVE – 20 MARKS
(a) Assume you have been called upon to carry out a study to establish the factors leading to poor materials management in a company of your choice that is known to perform very poorly. (i) What are the possible findings of your investigations? (10Marks) (ii) What recommendations would you make for the management? (10Marks)

Hps2212:Inventory Management Question Paper

More Question Papers

Popular Exams