INSTITUTE OF BUSINESS MANAGEMENT

Second Hourly Examinations – Summer 2020

Course Title: Quantitative Method in Production & Logistics Course Code: SCM601MBA-7332
Faculty: Waqas Mahmood Section:
Day / Date: Friday/ 21st, August 2020 Timings: 7:00pm – 8:30pm
Student’s Name Total Marks : 15
Student ID:
Note: Attempt all questions. All question

Case Study Analysis:

EOQ-based Inventory Control Policies for Perishable Items:

The Case of Blood Plasma Inventory Management
Q1. Explain the background of the case which must includes background information, relevant facts, and
the most important issues. Demonstrate that you have researched the problems in this case study. (3
Marks)

Q2. Outline the various pieces of the case study that you are focusing on. Evaluate these pieces by
discussing what is working and what is not working. (4 Marks)

Q3. A) If there will be shortages of blood plasma, what are the contingency scenarios? (2 Marks)

B) How are donors encouraged to donate? (2 Marks)

Q4. A) Provide specific and realistic solution(s) or changes needed. Explain why this solution was chosen.
(2 Marks)

B) Determine and discuss specific strategies for accomplishing the proposed solution. (2 Marks)