1.Give short answers for the following questions.
a-Outline the main benefits of a supply chain.
b-Companies in any supply chain can make their decisions individually and collectively in five areas. What are these areas?
c-How is a modern supply chain different from that of the past?
d-What is Inventory Management?
e-‘Information’ is one of the five drivers of supply chain. Discuss the purpose of information in a supply chain.
f-Name various types of inventory.
2.”Location decisions have strong impacts on the cost and performance characteristics of a supply chain.” Discuss
3.Write short notes on the following participants of supply chain:
a. Producers
b. Distributers
c. Retailers
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