Qdm study - Study guides, Class notes & Summaries

QDM Study Questions And Answers With Verified Study Solutions The 1-10-100 rule stays that every $1 spent doing things right the first time avoids... ANS - $10 for the correction - $100 for the failure Please select all true statements about QDM... ANS - QDM is the way FedEx optimizes its business processes - One goal of QDM is to deliver the superior experiences that customer expect - QDM helps deliver superior business performance by minimizing effort, time, and cost Select all of ...

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QDM Exam 2 Questions And Answers With Real Study Quiz Low-volume, high-variety production is best suited for which of the following process strategies? A. mass customization B. process focus C. repetitive focus D. product focus ANS B process focus A large quantity and large variety of products are produced in A. mass customization. B. repetitive focus. C. process focus. D. product focus. ANS A. mass customization. What is a drawing of the movement of material, product o...

QDM Exam 3 Questions And Answers 2024 Latest Study Quizzes Rated A+ What raw material do you think the camera lens in your mobile phone is made from? Carbon dioxide Potassium and lead silicates Sodium bicarbonate Aluminum oxide ANS potassium and lead silicates What is it called when uncertainty and miscommunication among the players in a supply chain cause over-reactions resulting in sub-optimal results. Procurement Postponement The Bullwhip Effect Sole Sourcing ANS The bullwhip ef...

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QDM Questions And Answers 2024 Study Solutions Rated A+ Which of the following statements is NOT true? A. When capacity is inadequate, customers can be lost. B. When capacity is inadequate, market share can shrink. C. When excess capacity exists, cost can increase. D. When excess capacity exists, cost can decrease. ANS D. When excess capacity exists, cost can decrease. Which of the following is a quantitative forecasting method? A. exponential smoothing B. jury of executive opinion C...

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QDM Exam 2 Questions And Answers 2024 Updated Study Solutions In this chapter, quality is defined as: A. the degree of excellence at an acceptable price and the control of variability at an acceptable cost. B. how well a product fits patterns of consumer preferences. C. the totality of features and characteristics of a product or service that bears on its ability to satisfy stated or implied needs. D. being impossible to define, but you know what it is. ANS C. the totality of featur...

QDM Final Exam Questions And Answers With Complete Study Solutions Which of the following statements is NOT true? A. Supply chain management describes the coordination of all supply chain activities, starting with raw materials, and ending with a satisfied customer. B. An increased sales effort may help a firm reach its profit goals more easily than would effective cost cutting. C. A supply chain includes suppliers; manufacturers and/or service providers; and distributors, wholesalers, and...