SCM 1st Opp June 2019 QUESTION 3 3. 1 Classify and distinguish the different types of inventory based on their purpose f
Posted: Fri May 20, 2022 6:06 am
SCM 1st Opp June 2019
QUESTION 3
3. 1 Classify and distinguish the different types of inventory
based on their purpose for a company of your choice giving
practical examples. (10 Marks)
3.2 The annual demand for items is 2400 units, the reorder cost
is N$ 10 per order, and the holding cost is N$ 0.30 per unit per
year. If the suppliers guarantee delivery within 2 days, determine
the economic order quantity (EOQ) and the reorder point using the
data provided? (10 Marks)
3.3 Provide a comparative analysis of the difference between
Supply Chain and Value Chain. Your answer should be in line with
the information provided below. (5 Marks)
Supply Chain vs Value
Chain Basis for comparison-
Supply Chain- Value
Chain
Meaning-
Origin-
Concept-
Sequence-
Objective-
3.4 Strategic decisions in Supply Chain Management may include
the following:
(i) plant location decisions
(ii) production decisions
(iii) transportation decisions
(iv) inventory decisions
(v) source decisions.
Discuss the significance of these decisions and give a practical
illustration in the context of a Namibian firm of your choice. (15
Marks)
3.5 As supply chains become more complex as a result of global
sourcing, supply chain risks increase. Discuss the different
categories of risk based on Mason and Towill's original framework
with practical examples. (20 Marks)
3.6 The total cost concept places costs into three main
categories. Identify and explain the three categories. (10
Marks)
QUESTION 3
3. 1 Classify and distinguish the different types of inventory
based on their purpose for a company of your choice giving
practical examples. (10 Marks)
3.2 The annual demand for items is 2400 units, the reorder cost
is N$ 10 per order, and the holding cost is N$ 0.30 per unit per
year. If the suppliers guarantee delivery within 2 days, determine
the economic order quantity (EOQ) and the reorder point using the
data provided? (10 Marks)
3.3 Provide a comparative analysis of the difference between
Supply Chain and Value Chain. Your answer should be in line with
the information provided below. (5 Marks)
Supply Chain vs Value
Chain Basis for comparison-
Supply Chain- Value
Chain
Meaning-
Origin-
Concept-
Sequence-
Objective-
3.4 Strategic decisions in Supply Chain Management may include
the following:
(i) plant location decisions
(ii) production decisions
(iii) transportation decisions
(iv) inventory decisions
(v) source decisions.
Discuss the significance of these decisions and give a practical
illustration in the context of a Namibian firm of your choice. (15
Marks)
3.5 As supply chains become more complex as a result of global
sourcing, supply chain risks increase. Discuss the different
categories of risk based on Mason and Towill's original framework
with practical examples. (20 Marks)
3.6 The total cost concept places costs into three main
categories. Identify and explain the three categories. (10
Marks)