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DRIVE-Winter
2015
PROGRAM-MBADS
(SEM 3/SEM 5) MBAFLEX/ MBAN2 (SEM 3) PGDROMN (SEM 1)
SUBJECT
CODE & NAME-ML0010 –Warehousing and Supply Chain Management
BK
ID-B 1761
CREDIT
& MARKS-4 Credits, 60 marks
Q1.Define
Logistics Management and discuss different models in Logistics Management
(Definition,
Types of Models with explanation)1, 9
Answer.
Logistics Management
Logistics management
is the part of supply chain management that plans, implements, and controls the
efficient, effective, forward, and reverse flow and storage of goods, services,
and related information between the point of origin and the point of
Q2. Briefly describe the role of drivers in
Supply Chain
(Listing
each of them, Explaining in brief) 2, 8
Answer.
Role of drivers in Supply Chain
All the four drivers
have a diversified and
Q3. Describe the role of third parties in
increasing the supply Chain Surplus.
(Explanation)
10
Answer.
Role of third parties in increasing the supply Chain
Surplus
There are a variety of
mechanisms that third parties can use for the growth of surplus.
1.
Capacity
aggregation: It
is the most common reason for outsourcing production in a supply chain, whereby
a third party can raise the
Q4. An improved transport management system is
required for betterment of stakeholders, cost reduction and improving service
levels. Explain the benefits of transport management system in context to the
aforesaid statement.
(Explanation
of statement, Explanation of benefits) 1, 9
Answer.
Benefits with Explanation
An improved transport
management is a win-win situation for all stakeholders:
•
For
shippers, optimized transport improves logistics cost structure.
•
For
carrier,
Q5.
“The Impact of IT on Supply Chain Management is immense”. Briefly explain the
impact of IT on Supply Chain Management.
(Explanation
of the statement, Explanation of impact of IT on SCM) 2, 8
Answer.
Impact of IT on SCM with explanation
The impact of
information technology on supply chain management is immense. IT has influenced
supply chains in forming positive client
Q6.
Write short notes on:
(a)Box
Jenkins Method
(b)Bull
Whip Effect
(Meaning
and types of Box Jenkins Modelling, Meaning and causes of Bull Whip Effect) 5,5
Answer.
(a)Box
Jenkins Method
Box–Jenkins Method
This method is a self
analytical time series forecasting method. Its emphasis into find a formula so
that the residuals are as small as possible and exhibit no pattern. Box–Jenkins
model is widely used and practiced in
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