MASTER OF BUSINESS ADMINISTRATION (MBA)

ASSIGNMENT

DIRECTORATE OF DISTANCE EDUCATION

JECRC UNIVERSITY
Plot No.IS-2036 to 2039, Ramchandrapura Industrial Area, Vidhani,
Jaipur (Rajasthan) - 303905
 INSTRUCTIONS

NOTE:

1. Last date for submission of assignments is 26-12-2022. Assignments received after 26-12-2022

will not be evaluated.

2. Assignments should be in the own handwriting of the student concerned and not type-written

or printed or photocopied.

3. Assignments should be written on A4 paper on one side only.

4. All assignments required to be uploaded through Student Portal.

 MBA IV SEMESTER ASSIGNMENT

D-MBA-POM-402 : Inventory Management

Maximum marks: 20

Q1.
a. Discuss about factor affecting of inventory control. Explain inventory control techniques.
b. Discuss basic EOQ model. Explain the condition of EOQ under fluctuating demand.
c. Assume the following data for an item, XY1: Unit price = Rs 200, ordering cost = Rs 1000,
Annual Demand= 5000 units and inventory carrying rate = 20 %.
i) If the minimum order size is 250 units, what should be the EOQ? Derive
necessary formula for this.
ii) What is the added cost if the firm orders 400 units or 600 units at a time rather
than the EOQ?.
iii) Suppose the firm could receive a discount of 1% on orders of 1,000 or more.
Should the firm take the discount?

Q2.
a. Discuss the application of computers to inventory management and control.
b. Explain the following:
i) Basic model of transportation
ii) Total Quality Management
c. Describe general-purpose and special-purpose machinery. Compare each for flexibility
of use, operator involvement, run time per piece, setup time, quality, capital cost, and
application.
a. Demand for an item is 100 units a month. Unit cost is Mu 50 , ordering cost is Mu 50,
holding rate is 25 % , shortage cost is 40 % of item cost. Find the optimal ordering
policy for the item.