Question: ( a ) Gen 2 1 Grocery ( GG ) is company engaged in retail busimess in Klang Valley is established in January 2 0
a Gen Grocery GG is company engaged in retail busimess in Klang Valley is established in January By GG will opening stores nationwide. Supposedly you are one of the members of consultants in charge of providing advisory on the supply chain management. Henceforth, address the following SCM issues that will be raised by the board of directors of GG
i Develop the main key components for GG retail outfit SCM framework that need to be installed and implemented from to
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ii Explain the most suitable SCM strategy for the retail business like GG Provide justification for this selection.
Note: most suitable means only one strategy
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b A printing company estimates that it will require reams of a certain type of pape in a given period. The cost of carrying one unit in inventory for that period is $ Tr company buys the paper from a wholesaler in the same town, sending its own truck to pick the orders at a fixed cost of $ per trip. Treating this cost as the order cost,
i What is the optimum number of reams to buy at one time?
ii How many times should lots of this size be bought during this period?
iii What is the minimum cost holding and setup of maintaining inventory on this the period?
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