Materials Management Multiple Choice Questions

December 13, 2016 | Author: gamer1151 | Category: N/A
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MATERIALS MANAGEMENT MULTIPLE CHOICE QUESTIONS

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Materials Management Multiple Choice Questions with their answers. Answers are indicated in Italic form. Document Mgmt Software Open Source Document Mgmt System for Business-Critical Content.

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1. Business cycle, price trends, National Economy are …………….

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2. ……………………….also called part lists or building lists is the document generated at the design stage. a. MRP (Material Requirement Planning) F acebook social plugin

b. BOM (Bill of Materials) c. MPS (Master Production Schedule) 3. ………………………………is the scientific technique for planning the ordering and usage of materials at various levels of production and for monitoring the stocks during these transaction. a. MPS b. MRP c. BOM 4. …………………………is the time that elapses between issuing replenishment order and receiving the material in stores. a. Replenishment time

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c. Idle time 5. …………………is the task of buying goods of right quality, in the right quantities, at the right time and at the right price. a. Supplying b. Purchasing

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MATERIALS MANAGEMENT MULTIPLE CHOICE QUESTIONS

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6. Which is not a part of 5R’s of buying? a. Right Quality b. Right Quantity c. Right Source

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d. Right Price

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7. Purchasing responsibilities can be divided into Buying, Clerical and ………..division. a. Packing b. Traffic

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c. Record d. Follow up 8. The first activity of Purchasing cycle is a. Communicating requirement to the purchase b. Source Selection and development c. Recognizing the need for procurement d. Inspection of goods 9. Buying according to the requirements is called ………… a. Seasonal Buying b. Hand to mouth buying

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c. Scheduled Buying

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e. Speculative Buying 10. Procuring an item in staggering deliveries according to the delivery schedule finished to the supplier by the buyer. a. Seasonal Buying

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b. Hand to mouth buying c. Scheduled Buying d. Tender Buying e. Speculative Buying 11. Buying of the annual requirements of an item during its season.

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a. Seasonal Buying b. Hand to mouth buying c. Scheduled Buying d. Tender Buying e. Speculative Buying 12. Raw Materials and WIP can be classified undera. Indirect Material b. Direct Material c. Finished Material d. Standard Parts 13. …………..are the basic materials which have not undergone any conversion since their receipt from suppliers. a. WIP b. Raw Material c. Finished Parts d. Work Made Parts Reference Books Materials and Logistics Management, L. C. Jhamb, Everest Publishing House

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About Prof. Deepak Pore Prof. Deepak Pore is an Editor in Chief and Author at Indiaclass.com. He is an Assistant Professor in Management Institute. View all posts by Prof. Deepak Pore →

7 thoughts on “Materials Management Multiple Choice Questions”

yatish kharbikar

July 20, 2012 at 5:41 pm

thanks Reply

yogendra

September 12, 2012 at 9:34 pm

i need your help regarding the material managment objective questions which is showing in the net. Reply

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MATERIALS MANAGEMENT MULTIPLE CHOICE QUESTIONS

Ravi Chaurasiya

October 7, 2012 at 4:20 pm

Hi i want to read objective question & answer related to inventory Warehouse so plz send me. Reply

ABRAR ALAM

December 1, 2012 at 2:48 pm

I want to know the question banks book related to material management, and if possible question banks with answers may please be provided. regards Reply

sushant

February 18, 2013 at 10:15 pm

plz guide me name of author & publications which provide me multiple choice questions on supply chain management or material management or logistics as soon as possible Reply

ramesha kumar behera

March 19, 2013 at 7:20 pm

pl guide me about author’s name and publication’s name.who supply multiple questions and answers in marerial management for compititive exams. Reply

Geeta

April 11, 2013 at 10:26 am

tell about the book which help me in preparing the comptitative exam based on material management. Reply

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