How to determine the right price of the material. Explain.25 x 4=100 marks

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Elective Purchase Managementinfo_at_casestudyhelp
.in91 94220-28822
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• Elective Purchase Management (Part I )
•  
• Attend any 4 questions. Each question carries 25
  marks (Each answer should be of minimum 2 pages
  / of 300 words)
•  
• Q1.Discuss the relevance of the right source and
  its identification in the field of materials
  management .
• Q2.The success of a purchase executive depends a
  great deal on how well he has chosen his
  suppliers. Explain.
• Q3.Explain an efficient logistics system.

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• Q4.Explain the effectiveness of material handling
  systems can be measured in the ratio of time
  spent in handling to the total time spent in
  production.
• Q5.The basic elements of purchasing activity
  involving time elements from the need identified
  to the need satisfied in many organizations
  Enumerate the aspects.
• Q6.How to determine the right price of the
  material. Explain.25 x 4100 marks

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