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Advanced Supply Chain
Management
September
2023 Examination
1. since demand
forecasting lays foundation for an organization’s supply chain process, and its
performance depends on the accuracy of the forecast, what would be your
approaches to demand forecasting? Discuss with examples. (10 Marks)
Ans:
Introduction:
Demand forecasting is a critical issue in any employer's
supply chain process. It entails predicting future customer call for services
or products, which is the muse for robust planning and decision-making at some
stage in the delivery chain. Accurate demand forecasting is vital for
optimizing stock tiers, manufacturing schedules, aid allocation, and
operational performance. In today's dynamic business environment, wherein
purchaser preferences, market trends, and external
2. If you are given the
task to design a distribution channel what major decisions related to designing
a distribution channel will you focus on? Discuss the problems that you may
have to tackle while designing the network. (10 Marks)
Ans :
Introduction:
Designing
a distribution channel is crucial to a business's supply chain control method.
The distribution channel acts as a bridge among producers or producers. It
helps clients ensure products attain the right area, at the proper time, and
within the appropriate situation. This channel is pivotal in connecting
numerous stakeholders in the delivery chain and affects a company's universal
performance, profitability, and consumer satisfaction. In this paper, we can
discover the full-size choices related to designing a distribution channel, its
related
3. A manufacturer of a
product with uncertain market demand wants to sign a long-term contract with a
transporter. The bulk contract cost is Rs10/kg and spot market costs are
Rs.12.50/kg. The manufacturer estimates from the past data that the average
transport capacity required is 70 kg per month with a standard deviation of 5
kg.
a. For how much load
should the manufacturer sign a long-term bulk contract? (5 Marks)
Ans :
Introduction:
The
manufacturing industry is constantly faced with challenges, and one of the
maximum widespread dilemmas for manufacturers is the uncertainty surrounding
market call for. In one of these dynamic business surroundings, making
knowledgeable selections is critical to make certain value-effectiveness and
profitability. Long-term contracts with suppliers or transporters are pivotal
in stabilizing operations and securing favorable pricing. This essay
b. What different
pricing strategies can be used to maximize revenue? (5 Marks)
Ans :
Introduction:
In
today's distinctly aggressive business environment, producers often face
uncertainty in marketplace demand for their merchandise. The capability to
conform to those fluctuations is critical for maintaining profitability. One
practical technique to tackling this mission is forming long-term contracts
with transporters, permitting producers to ease with reliable
Dear students, get fully solved
assignments by professionals
Do send your query at :
or call us at : 08263069601
(Plagiarism proofed
assignments available with 100% surety and refund)
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