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INTERNAL ASSIGNMENT APPLICABLE FOR APRIL 2020 EXAMINATION

Enterprise Resource Planning
1. Imagine yourself as a startup head for a fast food restaurant which you would like to launch soon, how will you decide upon the 2 ERP modules which will be essential for beginning and running the business successfully. What could be the next ERP Modules which you will implement after stabilization and reaching to a head count size of 150
Employees? (10 Marks)
2. What is the importance of Business Processes in an Organization? How is the mapping of processes done with an ERP Module? Can Business Process reengineering lead to a change of selection of a module? Explain. (10 Marks)
3. You Joined an Educational group, which operates in 4 countries, as a CEO in the month of April 2019. The group had implemented an Integrated ERP System and went live in the month of November 2018. Also few key members who implemented the same left in between. You as a CEO after 1 month of joining found out that the ERP system implemented is not being used at its full capacity and also there is lot of cribbing and resistance from the users side. The President/MD has already invested time and money, you as a CEO have to present the updates and findings to your MD. Now answer below questions:
a. What do you think went wrong before or during the implementation and what could be the reason it was not identified at that time? (5 Marks)
b. You as a CEO has to present a future plan to make this happen, what will be your approach and strategy plan? (5 Marks)

Supply chain management
1. Vashi pharmaceuticals, Inc., handles a variety of health products. A weight reduction product costs the company $2.95 per unit. The annual holding cost rate is 20 percent. Using an EOQ model, they determined that an order quantity of 300 units should be used. The lead time to receive an order is one week, and the demand is normally distributed with a mean of 150 units per week and a standard deviation of 40 units per week. Calculate cycle stock and safety stock point if the firm is willing to tolerate a 1% chance (Z0.99 = 2.32) of a stockout during an order cycle. Also calculate the total cost of inventory. (10 Marks)
2. An auto parts supplier sells branded batteries to the auto mechanics. The annual demand is approximately 3,600 batteries. The supplier pays $28 for each battery and estimates that the annual holding cost is 25% of the battery s value. It costs approximately $20 to place an order (ordering cost). The supplier currently orders 300 batteries per month.
a. Determine the ordering, holding, and total inventory costs for the current order quantity.
b. Determine the economic order quantity (EOQ).
c. How many orders should be placed per year using the EOQ?
d. Determine the ordering, holding, and total inventory costs for the EOQ. (10 Marks)
3.a. Calculate Forecasting error (MAD, MSE, RMSE and MAPE) for the data given below
Period 1 2 3 4 5 6 7 8
Forecast 10 15 10 15 25 15 20 25
Demand 15 15 20 15 10 20 20 30 (5 Marks)
3.b. Please provide a brief overview of S&Op process, inputs, outputs and key metrics. (5 Marks)