Question 1 (20.00 Point)

Supply Chain Management (SCM) is like the back bone for any operations. Critically discuss this statement with relevant examples

Question 2 (20.00 Point) Inventory Management, is another critical area which is under SCM and will be closely monitored for a successful Operations. Discuss the importance of Inventory Management, by highlighting the benefits of good inventory management and methods available to do so.

Question 3 (20.00 Point) Project Management is an important area within Operations, where every now and then, management will have certain tasks to complete within a stipulated time, in order to keep the operations running successfully. The below tools are some famous methods used in managing projects. Discuss each critically using the given techniques. a. Critical Path Method (CPM) b. Program Evaluation & Review Technique