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problem1. Illustrate out how the ABC method or technique of inventory control is based on Pareto analysis                                                                     

problem2. You are part of team who is performing a study on the causes of inventory discrepancies in a Ministry. The team has gathered the following information over a period of I2 weeks:

 

No of incidents 

Wrong recording of issues

6

Wrong recording of receipts from suppliers

2

Over issue of stock

26

Under issue of stock

8

Error in counting inventory on hand

4

Pilferage

14

You are required to examine the above information using Pareto analysis 

problem3. A study was conducted to determine the shrinkage rate of a material over time. 10 kg of the material was used for the test and measurements were taken over a period of 7 weeks. The results are shown below  

Week

Weight (kg)

 

1      

9.7

8.1

3

7.4

4

5.9

5

5.1

6

4.2

7

3.3

You are required to examine and comment on this information by using the suitable quality tool.

problem4. Data pertaining to the weight of an item has been gathered over a period of 2 weeks as set out below:

Weight (kg)

No. of items 

10

4

10.2

6

10.3

8

10.4

10

10.5

7

10.6

5

10.7

3

You are needed to plot the data using a histogram and to comment thereon.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M96821

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