BBA/B.Com Operations and Supply Chain Management June 2024

Description

Operations and Supply Chain Management

June 2024 Examination

 

 

Q.1 Discuss the significance of inventory in supply chain management along with the key elements of inventory management, including inventory control systems such as economic order quantity models, quantity discounts, reorder points, and order quantity for periodic inventory systems. (10 Marks)

Ans 1.

Introduction:

Inventory management plays a pivotal role in the efficiency and effectiveness of supply chain management. It involves overseeing the flow of goods from manufacturers to warehouses and finally to retailers or consumers. The significance of inventory management lies in its ability to balance supply and demand while minimizing costs and maximizing customer satisfaction. In this essay, we will delve into the importance of inventory in supply chain management and explore key elements such as economic order quantity models, quantity discounts, reorder points, and order quantity for periodic

It is only half solved

 

Buy Complete from our online store

 

https://nmimsassignment.com/online-buy-2/

 

NMIMS Fully solved assignment available for session JUNE 2024,

 

your last date is 29^th May 2024.

 

Lowest price guarantee with quality.

Charges INR 350 only per assignment. For more information you can get via mail or Whats app also

Mail id is [email protected]

 

Our website www.aapkieducation.com

After mail, we will reply you instant or maximum

1 hour.

Otherwise you can also contact on our

whatsapp no 8791490301.

Contact no is +91 87-55555-879

 

Top of Form

 

 

 

Q.2 Describe strategic significance of forecasting in supply chain management, analyzing the components of forecasting demand and various forecasting methods such as moving average, exponential smoothing, regression methods, and data mining. Discuss the application of time series forecasting using Excel and the importance of forecast accuracy in supply chain decision-making.   (10 Marks)

Ans 2.

Introduction:

Forecasting plays a pivotal role in supply chain management as it facilitates decision-making processes by providing insights into future demand, enabling organizations to plan production, procurement, inventory management, and distribution effectively. The strategic significance of forecasting lies in its ability to minimize risks, optimize resources, enhance customer satisfaction, and improve overall operational efficiency within the supply chain.

In this answer, we will delve into

 

Q.3a Explain the importance of effective facility layout and location planning in optimizing operational efficiency and discuss their significance in enhancing organizational performance and competitiveness.    (5 Marks)

Ans 3a.

Introduction:

Effective facility layout and location planning are crucial elements in optimizing operational efficiency within an organization. They play a significant role in enhancing organizational performance and competitiveness by ensuring resources are utilized efficiently and operations are streamlined.

Concept

.

 

 

 

Q3b Give a short note on Procurement, E-Procurement, Distribution, Transportation, and their role in shaping the Global Supply Chain.  (5 Marks)

Ans 3b.

Introduction:

Procurement, e-procurement, distribution, and transportation are integral components of the global supply chain, each playing a vital role in ensuring the efficient movement of goods and services from suppliers to