IGNOU MMPL-002 Inventory and Stores Management | SOLVED ASSIGNMENT 2026-27

MMPL-002 Inventory and Stores Management · July 2026 Session

This page provides the latest IGNOU solved assignment, including the official assignment questions, course details, marks, and important instructions to help students prepare and submit their TMAs successfully.

⟩ Overview

MMPL-002 (Inventory and Stores Management) is an IGNOU course that introduces students to the principles and practices of inventory and stores management. It covers key topics such as inventory planning, stock control techniques, warehousing, materials handling, stores organization, inventory valuation, procurement, and logistics. The course helps learners understand how efficient inventory and stores management contributes to cost control, operational efficiency, and effective supply chain management.

Course Code	Course Title	Assignment Code	Coverage
MMPL-002	Inventory and Stores Management	MMPL-002/TMA/JUL/2026	All Blocks

IGNOU MMPL-002 Inventory and Stores Management | SOLVED ASSIGNMENT 2026-27

Note: Attempt all the questions and submit this assignment to the coordinator of your study centre. Last date of submission for July 2026 session is 31st October, 2026 and January 2027 session is 30th April, 2027.

1.  a) Compare and contrast ABC Analysis (Value-based) and VED Analysis (Criticality-based). How can a store manager integrate these two distinct approaches into an ABC-VED Matrix for optimal resource allocation?
b) Differentiate clearly between Buffer Stock (Safety Stock) and the Reorder Level (ROL). Discuss how supply lead time variations affect the determination of the reorder point.

2.  a) "A poorly managed storehouse acts as a leaky bucket for corporate capital." Comment on this statement by outlining the essential operational functions of stores management from receipt to issue.
b) Explain how implementing systematic store processes ensures transparent records, physical loss prevention, and absolute audit readiness.

3.  a) Distinguish between Material Requirements Planning (MRP-I) and Manufacturing Resource Planning (MRP-II) systems. How do these systems collectively enhance inventory accuracy and production alignment in a volatile market?
b) Explain the role of the Bill of Materials (BOM) and the Master Production Schedule (MPS) as primary inputs to an MRP system.

4. a) State the core objective of the Economic Order Quantity (EOQ) model. Mathematically derive the basic EOQ formula, clearly stating all underlying assumptions.
b) An engineering firm has an annual demand of 12,000 units for a component. The ordering cost is Rs 600 per order, and the carrying cost is 20% of the unit purchase price of Rs 100 per year. Calculate the Economic Order Quantity (EOQ) and the total minimum variable inventory cost.

5.  a) "Inventory is often viewed as a graveyard of modern businesses, yet its absence can completely paralyze supply chain operations." Critically evaluate this statement by discussing the strategic functions and types of inventory in modern supply chains.
b) Analyze how strategic inventory control strikes a balance between cost efficiency, customer satisfaction, and operational continuity.

⟩ Frequently Asked Questions

Q. What is MMPL-002?
MMPL-002 (Inventory and Stores Management) is an IGNOU course that focuses on inventory planning, stock control, warehousing, materials handling, procurement, and stores management.

Q. What is the assignment code and session?
The assignment code is MMPL-002/TMA/JUL/2026, covering the July 2026 session.

Q. Which topics are covered in MMPL-002?
The course covers inventory control techniques, stores organization, warehousing, materials handling, inventory valuation, procurement, logistics, and related inventory management concepts.

Q. Does this assignment cover all blocks?
Yes. The assignment covers all blocks of the MMPL-002 course.

Q. Is the MMPL-002 assignment compulsory?
Yes. Submission of the assignment is mandatory as per IGNOU guidelines and forms an essential part of the course evaluation.

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