Question: Question 1 (20.00 Point) Explain what do you understand with supply chain management (SCM)? (7 marks) Draw a supply chain diagram for any food products

Question 1 (20.00 Point)

  1. Explain what do you understand with supply chain management (SCM)? (7 marks)
  2. Draw a supply chain diagram for any food products (7 marks)
  3. Describe the basic elements of SCM (6 marks)

Question 2 (20.00 Point)

  1. Describe 3 types of inventories in business and provide relevant examples (7 marks)
  2. Explain 2 possible replenishment policies in business practice (7 marks)
  3. What is forecasting in supply chain? (6 marks)

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Explain what do you understand with supply chain management ( SCM ) ? ( 7 marks ) 2 . Draw a supply chain diagram for any food products ( 7 marks ) 3 . Describe the basic elements of SCM ( 6 marks )

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