QDM EXAM 3 Questions And Answers With Complete Study Solutions
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QDM EXAM 3 Questions And Answers With Complete Study Solutions
What raw material are optical camera lens made from? (6.01) ANS Potassium and lead silicates (fancy sand)
What is it called when uncertainty and miscommunication among the players in a supply chain cause over-reactions resulting in...
QDM EXAM 3 Questions And Answers With
Complete Study Solutions
What raw material are optical camera lens made from? (6.01) ANS Potassium and lead silicates (fancy
sand)
What is it called when uncertainty and miscommunication among the players in a supply chain cause over-
reactions resulting in sub-optimal results. (6.01) ANS The Bullwhip Effect
When is the many supplier strategy more appropriate? (6.02) ANS When purchasing a less critical product
or service from a market that has a number of qualified providers.
What does RFP stand for? (6.02) ANS Request for Proposal
TRUE or FALSE: Vertical Integration can mean either internally developing a capability that your company
needs or purchasing a supplier that already has that capability. (6.02) ANS True
Which of the following best describes a Japanese Keiretsu Network? (6.02) ANS A business alliance
formed by several companies in a supply chain
The Make vs Buy (MvB) formula should look familiar to you. What is another term we could use for the
Indifference Quantity? (6.03) ANS Crossover Point
Consider the OFFICE SUPPLIES example.
Where would your place the category of OFFIC SUPPLIES on Kruhlich's sourcing matrix? (6.03) ANS
Low Impact Low Risk Non-Critical Items
Which trend direction is preferable for a percentage of assets invested in inventory? (6.04) ANS
Downward
Which trend direction is preferable for inventory turnover? (6.04) ANS Upward
Which trend direction is preferable for weeks of supply? (6.04) ANS Downward
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