NATIONAL OPEN UNIVERSITY OF NIGERIA
14/16 AHMADU BELLO WAY, VICTORIA ISLAND, LAGOS
SCHOOL OF MANAGEMENT SCIENCES
MARCH/APRIL 2014 EXAMINATION
COURSE CODE: PSM 831 CREDIT UNIT: 2
COURSE TITLE: MATERIALS MANAGEMENT
TIME ALLOWED: 2 HRS
Instructions: 1. Attempt question number one (1) and any other (2) questions.
2. Question number 1 carries 30 marks, while the other questions carry 20 marks each.
3. Present all your points in coherent and orderly manner.
Question 1
Given the data below, use exponential smoothing to forecast for the month of February-July using Alpha a = 0.2
Question 2.
What are the factors that influence materials handling equipment selection?
Question3.
Critically examine the economic and service benefits of warehousing
Question 4.
State the importance of effective purchasing.
Question5.
Discuss the objective of materials management.
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