Manag., July-2018 – Q36
0. Match the items of List-II with List-I and select the correct code:
| List-I | List-II |
| (a) H.M.L. classification | (i) To determine the criticality of an item and its effect on production and other services. It is specially used for the classification of spare parts. |
| (b) V.E.D. classification | (ii) Based on the pattern of issues from stores and is useful in controlling obsolescence and helpful in identifying action items and surplus items. |
| (c) SDE classification | (iii) The classification unit value is the criterion and not the annual consumption. |
| (d) FSN classification | (iv) Based on problems faced in procurements, availability of items, and useful in the context of scarcity of supply. |
