Question 2

a) Explain the Supply Chain Operations References (SCOR) Model. [12 marks]

b) NangzenQ Outlet has total end of year assets of RM4 million. The firs of the year inventory was RM295, 000, with a year-end inventory of RM275, 000. The annual cost of goods sold was RM6 million. The senior operation manager want to evaluate his supply chain performance by measuring percent of assets in inventory turnover and week of supply.

i. What is the average inventory? [2 marks]

ii. What is the percent invested in inventory? [2 marks]

iii. What is Inventory turnover? [2 marks]

iv. What is weeks of inventory? [2 marks]