Firstly mount the DVD on any mount point:
#vi /etc/yum.repos.d/server.repo (Create a file with extn. .repo)
[server]
name= This is yum Server(for our information)
baseurl=file:///var/ftp/pub/
gpgcheck=0
enabled=1
:wq!
(save and exit)
#mount /dev/cdrom /mnt (mount your cd or iso on /mnt )
#cd /mnt (go to the directory)
#ls (list the file)
#rpm -ivh createrepo* +use tab) (install this rpm through command to make default directory /var/ftp/pub)
#cp -rav * /var/ftp/pub (copy to content in /pub directory)
#cd /var/ftp/pub (go to the /pub)
#createrepo* /pub (create repository in pub)
#vi /etc/yum.repos.d/server.repo (Create a file with extn. .repo)
[server]
name= This is yum Server(for our information)
baseurl=file:///var/ftp/pub/
gpgcheck=0
enabled=1
:wq!
(save and exit)
#yum clean all (to clean the errors in repository)
#yum list all (display all rpm )