SCH4801 ASSIGNMENT 2 2023 GUIDE

SCH4801 ASSIGNMENT 2 2023 0717513144




DISCLAIMER
This document was prepared for SCH4801 module 2023 Assignment 2. It allows
students to understand the key concepts in relation to anchor topics of the module.
However, students are advised to supplement with other authentic sources such as
journals & articles.


NB: Students must paraphrase all presented definitions to avoid plagiarism. Also,
calculations must be done by the student in relation to the question(s) requirements.




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, SCH4801 ASSIGNMENT 2 2023 0717513144

SECTION A

Question 1: Correct answer: Option (C); is correct because the main aim of
responsive supply chain is to increase speed and minimise time in responding to
market volatility (Demand).

Question 2: Correct answer: Option (C), ABC analysis make use of through
investigation of key factors such as Price, Demand for different inventories among
others.

Question 3: Correct answer: Option (C), Goods with high quantity value and low rand
value.

Question 4: Correct answer: Option (A), Supply chain thinking is in essence a
management philosophy aimed at integrating a network of upstream linkages (supply
sources), internal linkages inside the organisation, and downstream linkages
(distribution and ultimate customers) in order to create customer value.

Question 5: Correct answer: Option (D), Multiple suppliers reduces the risk of stocking
out as well as increasing the variety and quality of products.




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