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III Semester M.I.B. Degree Examination, December 2014 (Semester Scheme) INTERNATIONAL BUSINESS Paper – 3.5 : International Operations and Logistics and Supply Chain Management Time : 3 Hours

Max. Marks : 80 SECTION – A

1. Answer any ten from the following. Each question carries two marks.

(10×2=20)

a) Define containerization. b) Define 3PL. c) What is Reverse supply chain management ? d) Mention the various components of inventory carrying cost. e) List four critical performance measures for a Transport Manager. f) When do you decide to outsource in supply chain management ? g) What is meant by ‘Panamax’ ship ? h) Mention the components of value chain. i) What are the determinants of freight structure in air cargo industry ? j) What is EOQ in inventory management ? k) What are factors determine the choice of transportation mode ? l) What are the functions of shipping agent ? SECTION – B Answer any three from the following. Each question carries five marks.

(3×5=15)

2. What are the factors influence the demand for a product ? 3. How the forecast accuracy can be improved ? 4. What are the contributions of all India Shipping Council in resolving shipper’s problems ? P.T.O.

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5. Briefly mention the outcomes of UN convention on code of conduct for linear shipping. 6. Explain at least five INCO terms with suitable examples. SECTION – C Answer any two from the following. Each question carries fifteen marks.

(2×15=30)

7. Describe the impact of forecasts based on orders rather than actual customer demand. 8. Explain the role of Customs House Agents in export and import operations globally. 9. Is air fright important for global trade ? Why ? What are the major problems faced by airline industry internationally ? Discuss also the impact of global down turn on air fright. 10. Describe the impact of forecasts based on orders rather than actual customer demand. SECTION – D The question is compulsory :

15

11. Warehouses used to be places where goods are stored, often for long periods, until they were needed. A more recent view has warehouse as places where loads are reorganized on their journey through the supply chain. Do you think this is the real difference ? If it is, what effects does it have on warehouse operation ? ———————