QUESTION $1(31$ MARKS$)$

$1\mathrm{.}1.$ Why has the JIT approach to inventory control become popular in some industries?

How does the JIT approach compare to the EOQ approach to inventory management?

Should JIT be adopted by all inventory managers? Justify your answer $($whether

affirmative or negative$)(10$ marks$)$

$1\mathrm{.}2.$ Inventory plays a dual role in organisations because of its impacts on the cost of

goods sold as well as supporting order fulfilment $($customer service$).$

Discuss the various types of inventory that can be found in an organisation $?(12$

marks$)$

$1\mathrm{.}3.$ MRP deals specifically with supplying materials and component parts whose

demand depends on the demand for a specific end product. Discuss the various Pros

and Cons of the MRP$.(9$ marks$)$

QUESTION $2(19$ MARKS$)$

$2\mathrm{.}1.$ One of the key drivers of how production activities will be carried out is facility

layout. The arrangement of machines, storage areas and other resources within the

four walls of a manufacturing or assembly facility. A layout is influenced by the

production strategy and assembly process employed by the organisation.

Discuss the various production process layouts. $(10$ marks$)$

$2\mathrm{.}2.$ A great deal of planning, preparation, and engagement of multiple parties is

required for production operations to positively contribute to supply chain

effectiveness.

Mention the various production strategy challenges for Mass production, lean

manufacturing and flexible manufacturing. $(9$ marks$)$