Question: 1. What do you understand by the term supply Chain Management (SCM). What are the challenges faced by an Operations manager to match supply and

1. What do you understand by the term supply Chain Management (SCM). What are the challenges faced by an Operations manager to match supply and demand in SCM. Discuss with a suitable example of a big company. 2. Why Planning is an important function for an Operations Manager. Discuss aggregate planning and various steps associated with it with suitable example. 3. Define decision process and explain with neat sketch / diagram. Discuss various steps to be taken for a good decision

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