Niyeahma Consultants Interview Questions and Answers

HRC and CRC are types of steel coils processed at different temperatures for specific applications.

• Hot Rolled Coils (HRC) are steel coils processed at high temperatures, making them less precise but cheaper and suitable for construction.

• Cold Rolled Coils (CRC) are steel coils processed at lower temperatures, resulting in a smoother surface finish and higher strength, used in automotive and appliance industries.

• HRC is typically used for structural components like beams and col...read more

The process for creating raw material for manufacturing sheets, bars, and rods involves melting, casting, rolling, and cutting metal alloys.

• Melting metal alloys in a furnace to form a molten liquid

• Casting the molten metal into molds to create ingots or billets

• Rolling the ingots or billets into thin sheets, bars, or rods using specialized machinery

• Cutting the rolled material to the desired length and shape for further processing

We use ABC analysis, Just-in-Time (JIT) inventory management, and Economic Order Quantity (EOQ) method.

• ABC analysis categorizes inventory items into A, B, and C categories based on their importance and value.

• Just-in-Time (JIT) inventory management focuses on reducing waste by receiving goods only as they are needed in the production process.

• Economic Order Quantity (EOQ) method helps determine the optimal order quantity that minimizes total inventory costs.

Dealer fund management involves overseeing the allocation and utilization of funds within a dealership for product pitching activities.

• Developing and implementing strategies for managing dealer funds effectively

• Monitoring and analyzing the performance of product pitching activities to ensure optimal use of funds

• Collaborating with sales and marketing teams to align product pitching efforts with overall dealership goals

• Providing training and guidance to dealership staff on effe...read more

The per tractor cost is the average cost incurred for each tractor in the company's fleet.

• Calculate total cost of all tractors and divide by the number of tractors to get per tractor cost

• Include all expenses related to the tractors such as maintenance, fuel, insurance, etc.

• Example: Total cost of all tractors is $100,000 and there are 10 tractors, so per tractor cost is $10,000