Explain the procedure for selecting transport and carriers. Why is this process important, and what are the major characteristics to consider?

"Logistics Management impacts not only upon the profit and loss account of business but also upon the balance sheet?" Comment!

What are the emerging and new IT solutions for supply chain management (SCM), and how do they enhance efficiency, visibility, and overall performance in the supply chain?

"These are many possible structures for SC (Supply Chain), but the simplest view has materials converging on an organizing through tiers of suppliers and products diverging through tiers of customers". Elaborate.

Why are customer service, packaging and production scheduling considered to be inter-functional management activity? How can they be managed effectively within a functionally organized firm?

Differentiate between codification, standardisation and simplification?

"Inventory hides problems and inefficiencies". Explain this preposition and highlight the need for Pull Systems.

Why has management of supplier network become a contemporary and critical issue? Explain with reference to the present industrial situations.

"Materials management contains an integrated process of materials flow, in, through and out of an organization". Comment on it and talk about the reasons behind it.

What are alarm limits for a prognostic characteristic? Explain a methodology for establishing the alarm levels.

What is the importance of maintenance budgeting? Give the advantages of a Zero-Based Budget.

Maintenance Planning

Emergency Maintenance

Corrective Maintenance

Condition-Based Maintenance

What are the important components of a maintenance organization? Explain the decision procedure for establishing a maintenance administrative structure.

What is design-out maintenance? Explain the situations and the steps in which it should be applied.

Is the Pricing of products and services relevant for Banks? Discuss the inputs/factors that are taken into consideration by the banks while pricing their products and services.

Why do Banks invest in Foreign Exchange? Explain the different Forex Trade Instruments and discuss the role of different Participants in the Forex Markets.

Discuss the different components of Schedule 1 and 2 of the Bank Balance Sheet and explain their importance. You may look at the Balance sheet of any Bank for understanding.