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QDM Test Questions and Verified Answers Latest Update (Graded A+)

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QDM Test Questions and Verified Answers Latest Update (Graded A+) Three criteria for designing distribution networks to meet customer expectations are: A. low cost, product choice and service. B. rapid response, product choice, and service. C. rapid response, low cost, and service. D. low ...

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  • October 28, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • QDM
  • QDM
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TutorJosh
QDM Test Questions and Verified Answers Latest Update (Graded A+)



Three criteria for designing distribution networks to meet customer expectations are:



A. low cost, product choice and service.

B. rapid response, product choice, and service.

C. rapid response, low cost, and service.

D. low cost, rapid response and product choice. - Answers B. rapid response, product choice, and
service.

The advantage of having few suppliers is to



A. Look for short-term attributes

B. pursue low cost

C. take advantage of diseconomies of scale

D. form a long-term relationship - Answers D. form a long-term relationship

Trucking



a. is the least used transportation mode for manufacturing goods

b. is one of the least flexible transportation modes

c. is increasingly using computers to manage its operations

d. does not play a rolse in multimodal sipping - Answers c. is increasingly using computers to manage its
operations

Three common measures of supply chain performance are:



a. percentage invested in inventory, inventory turnover, and debt/equity ratio.

b. percentage invested in inventory, inventory turnover, and weeks of supply.

, c. debt/equity ratio, inventory turnover, and weeks of supply.

d. percentage invested in inventory, debt/equity ratio, and weeks of supply - Answers b. percentage
invested in inventory, inventory turnover, and weeks of supply

What is a supply chain designed to optimize both forward and reverse flows?



a. reverse-loop supply chain

b. bullwhip look supply chain

c. open loop supply chain

d. closed loop supply chain - Answers closed look supply chain

which negotiation strategy bases price on a published, auction, or index price?



A. cost-based price model

B. competitive bidding

C. market-based price model

D. supply-based price model - Answers C. market-based price model

a supply chain ends with



a. suppliers

b. manufacturers

c. satisfied customer

d. distributors - Answers c. satisfied customer

A lawnmower assembly plant uses a variety of nuts, bolts, screws, and other fasteners in its operation.
Its supplier delivers these items directly to the point of use on the assembly line and ensures that there
are always sufficient quantities of fasteners to maintain the production schedule.

This is an example of



a.e-procurement

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