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Question 1:
Show the nature and importance of the four logistics-related elements of customer service.
Question 2:
(a) Describe the concept of supply chain management.
(b) What changes have company made to respond to the supply chain management concept?
Question 3:
(a) Describe the Operation Management Concept.
(b) Provide a model of a Production/Operation system. Explain the input and the output of the system.
Question 4:
(a) What is the distinction between Prediction and Forecasting?
(b) Why Forecasting is important in decision making?
(c) Describe Delphi technique of Forecasting.
Question 5:
What are the various decisions operation managers are called upon to make in the manufacturing and service industries for several operation area under their responsibility. Give suitable example in each area.
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The bullwhip effect is often blame for the boom-and-bust cycles in our national economy. Which of the remedies for eliminating this effect in a supply chain might also benefit the
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Calculate the minimum replenishment time to build 2500 Model A fountains given the following beginning inventories?
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