BMO$2181$ Operations Management $-$ Assessment $4$

Section A

Answer $2$ of the $4$ questions below $(2^{*}10=20$ Marks$)$

Question $1$

a$)$ Explain how an organisation's mission and strategy have different purposes? $(3$ marks$)$

b$)$ Define supply chain management. $(3$ marks$)$

c$)$ Draw a supply chain network diagram for a product company in Australia and label product flow,

information flow, cash flow, upstream side of the chain, and downstream side of the chain.

$(4$ marks$)$

Question $2$

$($a$)$ Distinguish between a push and a pul system $[3$ marks$]$

$($b$)$ Actual sales data for Bunny Rabbit Batteries Australia were as follows,

$($c$)$ Based on the actual sales date, forecast sales for July $2019$ period using the following methods:

i$.$ Naive method $(1$mark$)$

ii$.$ A $3-$month moving average. $(1$ mark$)$

iii. A $3-$month weighted moving average using weights for January to March consecutively $2,2$ and $3.$

$(2$ marks$)$

iv$.$ Exponential smoothing using alpha $()=0\mathrm{.}2$ and a January forecast of $375.(3$ marks$)$