Question 1 (20 00 Point) Explain what do you understand with supply chain management (SCM) (7 marks) Draw a supply chain diagram for any food products (7 marks) Describe the basic elements of SCM (6 marks) Question 2 (20 00 Point) Describe 3 types of inventories in business and provide relevant examples (7 marks) Explain 2 possible replenishment policies in business practice (7 marks) What is forecasting in supply chain (6 marks)

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Question 1 (20.00 Point) Explain what do you understand with supply chain management (SCM)? (7 marks) Draw a supply chain diagram for any food products

Question 1 (20.00 Point)

Explain what do you understand with supply chain management (SCM)? (7 marks)
Draw a supply chain diagram for any food products (7 marks)
Describe the basic elements of SCM (6 marks)

Question 2 (20.00 Point)

Describe 3 types of inventories in business and provide relevant examples (7 marks)
Explain 2 possible replenishment policies in business practice (7 marks)
What is forecasting in supply chain? (6 marks)

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