Question: SUPPLY CHAIN MANAGEMENT SECTION B Answer ANY THREE (3) questions in this section. Question 3 [20 Marks] 3.1 Discuss the functions that inventory serves in

SUPPLY CHAIN MANAGEMENT

SUPPLY CHAIN MANAGEMENT SECTION B Answer ANY

SECTION B Answer ANY THREE (3) questions in this section. Question 3 [20 Marks] 3.1 Discuss the functions that inventory serves in an organisation. (8 marks) 3.2 Explain the difference between holding, ordering and setup costs. (12 marks) Question 4 [20 Marks] Discuss the contribution of various functions in development of new products at an automotive manufacturer

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