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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