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Master of Business
Administration- MBA Semester 3
ML0010 – Warehouse
& Supply Chain Management – 4 Credits
(Book ID: B1761)
Assignment Set - 1
(60 Marks)
Note: Answer all questions (with 350 to 400 words each) must be written
within 6-8 pages. Each Question carries 10 marks 6 X 10=60
Q1. Define Warehousing? What are the attributes of ideal warehousing?
02+08=10
Answer : A warehouse is a
commercial building for storage of goods. Warehouses are used by manufacturers,
importers, exporters, wholesalers, transport businesses, customs, etc. They are
usually large plain buildings in industrial areas of cities and towns and
villages. They usually have loading docks to load and unload goods from trucks.
Sometimes warehouses are designed for the loading and unloading of goods
directly from railways,
Q2. List the key metrics used in supply chain management. 00+10=10
Answer : 12 Key Metrics For Supply Chain Management
Supply Chain Management (SCM)
requires management of complex dependencies between teams, departments and
partner companies across international boundaries. It is a natural area for
metrics.
Supply Chain Metrics may include
measurements for procurement, production, transportation, inventory,
warehousing, material
Q3. What are the basics of strategic supply chain management? Also
enlist the imperatives for the supply chain strategy. 02+08=10
Answer : The concept of Supply
Chain Management is based on two core ideas. The first is that practically
every product that reaches an end user represents the cumulative effort of
multiple organizations. These organizations are referred to collectively as the
supply chain.
The second idea is that while
Q4. Discuss the basic sets of processes that ensure an effective
management of transportation processes. 00+10=10
Answer : Transportation planning
is a cooperative process designed to foster involvement by all users of the
system, such as the business community, community groups, environmental
organizations, the travelling public, freight operators, and the general
public, through a proactive public participation process conducted by the
Metropolitan Planning Organization (MPO), state Department of Transportation
(state
Q5. What do you understand by time series forecasting? Explain the
components of time series demand forecasting. 02+08=10
Answer : The ability to model and
perform decision modelling and analysis is an essential feature of many
real-world applications ranging from emergency medical treatment in intensive
care units to military command and control systems. Existing formalisms and
methods of inference have not been effective in real-time applications where
Q6. What is bullwhip effect? Describe the causes of bullwhip effect.
05+05=10
Answer : The Bullwhip Effect
An unmanaged supply chain is not
inherently stable. Demand variability increases as one moves up the supply
chain away from the retail customer, and small changes in consumer demand can
result in large variations in orders placed upstream. Eventually, the network
can oscillate in very large swings as each organization in the supply chain
seeks to solve the problem from its own perspective. This phenomenon is known
as
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call us at :- 08263069601
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