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College of Agribusiness
Management
Final Examination –First semester 2020-21
14TH January ,
2021
Procurement and Material Management –MAM-650
Time -2.00 Hr. |
|
Max Marks
-40 |
Attempt All Questions. |
|
|
Question
:1 |
Case Study |
|
Renuka
Machines Manufacturing Corporation
Renuka Thomas,
President of Renuka Machines Manufacturing Corporation (RMMC), is concerned
about company’s choice of suppliers for cleaning brushes, which are used in the
company’s data processing equipment. Renuka occasionally plays tennis with
Sheela George, President of George Machine Company (GMC), one of the company’s
suppliers of cleaning brushes.
Recently, Sheela complained
to Renuka that her company has been having difficulty in getting the
traditional share of Renuka’s business. On the last buy, Sheela’s company
failed to get any business, even though Sheela believed she was the lowest
bidder. Renuka tells Sheela that normally she does not get into the details
procurement, but she promises to ask her Purchasing Manager, Dannis Chako to
investigate.
The next day morning,
Renuka calls Dannis Chako and tells him of Sheela’s complaint. He said (says),
that he does not want influence the company’s procurement policies, but he does
not feel that Renuka should investigate to make sure that Sheela’s firm was
treated fairly.
Purchasing Manager, Dannis
discovers that George Machine Company was indeed the lowest bidder on the last
buying. Quotations for an order of 20,000 units were as under:
George Machine Company |
Rs 2.22 |
Data Matics Electronics Company |
Rs 2.23 |
Royal Tools and Machine Company |
Rs 2.25 |
Royal and Data Matics each
got order for 10,000 pieces. Royal has done considerable development work on
brushes, while George and Data Matics have done very little. The quality and
delivery records of the three suppliers on the last ten orders for the brushes
are shown below. Renuka Machines Manufacturing Quality Control Department has
set an acceptable quality level of three per cent on the brush.
Questions for Case study : 10 Marks
1. Is
Dannis Chako justified in eliminating George Machine Company as a supplier of
brushes?
2. In what
respect is the complaint from George Machine Company justified?
3. Prepare
a report for Renuka Thomas explaining the decision to eliminate George Machine
company as a supplier. Use quantitative data as much as possible to support
your answer.
Question 2. 10 Marks
It the responsibility for maintaining the quality of the product and
incurring less cost on its production is the responsibility of the
production/operation" and deciding the price of the product and finding
the customers that will buy it comes under "marketing", what does the
'materials management function" do?
Question 3. 10 Marks
Describe the purpose, similarities, and differences among purchase
requisitions, purchase order, and request for quotation.
Question 4. 10 Marks
A. What are
roles and responsibilities of top management of an organization in developing
and implementing TQM concepts in an organization?
B. What is
benchmarking? Classify benchmarking based on the nature of firms against which
benchmarking could be done.
Dear students, get fully solved assignments by
professionals
Do send your query at :
or call us at :08263069601
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