Академический Документы
Профессиональный Документы
Культура Документы
Home Assignment-2
Course: Supply Chain Management
1.
2.
3.
4.
Home Assignment-3
Course: Supply Chain Management
1. Define the cyclic inventory and its role in a supply chain? Derive the expression
for EOQ and EOP?
2. What is the difference between lot size-based and volume-based quantity
discount? Derive the expression for two commonly used lot size-based discount
schemes namely All unit quantity discount and Marginal unit quantity discount
(multiblock tariffs).
3. Define safety inventory and discuss its role in a supply chain? How does it related
with cyclic inventory? What are the measures of demand uncertainty? Write their
features as well.
4. What are different types of measuring product availability? Define the terms
ROP, OUL and how these terms are related with safety inventory? Give the detail
about Describe continuous review and periodic review replenishment policies.
5. Write the importance of the level of product availability. What are the factors
affect the optimal level of product availability?
6. Evaluate the advantages and disadvantages of different modes of transportation.
7. What is the role of sourcing in a supply chain? Discuss the factors that are
considered while taking decision on in-house or outsource a service/product. How
does sourcing differ with outsourcing?
8. Discuss the role of IT in a supply chain. What are the macro processes in the
supply chain. Discuss these processes in a supply chain.
9. Elaborate how does the lack of supply chain coordination affects the supply chain
profitability in the light of bullwhip effect. What are the obstacles to coordination
in a supply chain? What are the managerial levers to achieve coordination in a
supply chain? Also discuss the different forms of CPFR possible in a supply
chain.
10. Practice all the solved numerical problems in Chopras book which have been
discussed during the lectures.
1. What is importance of the level of product availability in the supply chain? Consider two
products with the same cost but different margins. Which product should have a higher
level of product availability and why?
1/3
2. Define aggregate planning. What are the main differences between aggregate planning
strategies? What are the some industries in which aggregate planning would be particular
important? Mention characteristics of these industries as well.
3. Derive the expression for EOQ? A textile mill buys its raw material from a vendor. The
annual demand of the raw material is 9000 units. The ordering cost is Rs. 100 per order
and the carrying cost is 20% of the purchase price per unit per month, where the purchase
price per unit is Rs.1. Estimate (a) Economic order quantity(EOQ) (b) Total cost with
respect to EOQ (c) Number of orders per year (d) Time between consecutive two orders.
4. Demands for 5 periods (1,2,3,4, and 5) are 310, 362, 380, 415, 434 and 449. Calculate the
value of level and trend using the expression for the best fit line. What is forecast for 7th
period?
5. Show
that
in
the
case
of
simple
smoothing
demand
t 1
6. Write your opinions on the problems generally Indian industry/businesses face while
SECTION- C
Note: Answer all questions.
1. (a). Describe the role of E-business on cost factors (Inventory, Transportation, Facilities
and handling, Information), and service factors (Response time, Product variety, Product
availability, Customer experience, Time to market, Order visibility and Returnability).
OR
(b). What is networking design concerning the distributor storage with carrier delivery?
Describe each in terms of sketch and table containing the role of cost factors (Inventory,
Transportation, Facilities and handling, Information), and service factors (Response time,
Product variety, Product availability, Customer experience, Time to market, Order
visibility and Returnability).
2/3
OR
(c). Define simulation and its significance in supply chain. How the uncertainty analysis
is carried out in the supply chain. Weekly demand for Legos at a Wal-Mart store is
normally distributed. The replenishment lead time is two weeks, and the store manager
has decided to review inventory every four weeks. Assuming a periodic review
replenishment policy, evaluate the safety inventory that the store should carry to provide
a
CSL
of
90%.
Evaluate
the
OUL
for
such
policy.
Given
that
2. (a). What is bullwhip effect? What are its causes and implications? How does it affect
coordination in the supply chain? How the manager can overcome this problem?
OR
(b).What is the role of sourcing in a supply chain? Discuss the factors that are considered
Ordering cost is Rs. 600 per order. Inventory carrying cost is 18% of the purchase
price/unit/year. The price breakups are as shown below:
Quantity
Price (in Rs.) per unit
0 Q1 < 2000
20
2000 Q1 < 4000
4000 Q1
15
9
3/3