Question $1(20\mathrm{.}00$ 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 $2(20\mathrm{.}00$ 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$)$