QUESTION ONE
a. Discuss five principal stages of materials flow in an organization as a result of efficient materials management. (10mks)

b. Explain five benefits that will accrue to an organization as a result of efficient materials management. (10mks)

c. Explain five factors that determine the fixation of maximum and minimum stock levels in an organization. (10mks)

QUESTION TWO
a. A product design is a repetitive task for new product development and modification of existing products. State and explain the steps involved in new product development. (14mks)

b. Highlight six advantages of Just-In-Time material production. (6mks)

QUESTION THREE
a. Discuss three methods of production. (6mks)

b. Explain two factors that may influence the choice of a production process. (4mks)

c. Explain the costs that are associated with stock holding. (10mks)

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