Course review
Review each learning objective in this topic, then open its concept explanation or question set.
Learning objective
• Analyse local and global supply chain process • Supply chains coordinate sourcing, production, logistics, inventory, and delivery
Start with the concept explanation, then practise to create mastery evidence.
Learning objective
• Evaluate difference between just-in-time (JIT) and just-in-case (JIC) • JIT minimizes stock; JIC holds buffer stock to reduce supply risk
Start with the concept explanation, then practise to create mastery evidence.
Learning objective
• Interpret stock control charts using lead time, buffer stock, reorder level, and reorder quantity • Stock control balances availability, holding costs, and supply reliability
Start with the concept explanation, then practise to create mastery evidence.
Learning objective
• Calculate and interpret capacity utilization rate and defect rate • Calculate and interpret labour productivity, capital productivity, productivity rate, and operating leverage • These measures support efficiency, quality, and capacity decisions
Start with the concept explanation, then practise to create mastery evidence.
Learning objective
• Evaluate cost to buy (CTB) • Evaluate cost to make (CTM) • CTB and CTM support outsourcing, insourcing, and production decisions
Start with the concept explanation, then practise to create mastery evidence.