QDM Exam 3 2025/2026 Exam Questions
with Detailed Verified Answers (100%
Correct Answers) | Already Graded 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 - 🧠ANSWER ✔✔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
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STATEMENT. ALL RIGHTS RESERVED
1
,Sole Sourcing - 🧠ANSWER ✔✔The bullwhip effect
When is the many supplier strategy more appropriate?
When purchasing a strategically critical product or service from a market
that has only one or two qualified providers.
When purchasing a less critical product or service from a market that has a
number of qualified providers. - 🧠ANSWER ✔✔When purchasing a less
critical product or service from a market that has a number of qualified
providers.
What does RFP stand for?
Really Flawed Process
Reasonably Fair Purchase
Correct! Request For Proposal
Require Fewer Providers - 🧠ANSWER ✔✔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.
Correct! TRUE
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
,FALSE - 🧠ANSWER ✔✔True
Is a Joint Venture a legal partnership?
Correct! Yes - the parties agree to work together, and their responsibilities
and performance requirements are governed by a contract.
No - although a JV agreement is put in place, the parties are not required to
work in partnership. - 🧠ANSWER ✔✔Yes - the parties agree to work
together, and their responsibilities and performance requirements are
governed by a contract.
Which of the following best describes a Japanese Keiretsu Network?
An online marketplace formed by companies in the same supply chain
Correct! A business alliance formed by several companies in a supply
chain
A multi-company competition to dominate a supply chain
A supply chain controlled by a single, dominant company - 🧠ANSWER
✔✔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?
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, Upper Spec Limit
Capability Quantity
Capacity Utilization
Correct! Crossover Point - 🧠ANSWER ✔✔crossover point
Consider the OFFICE SUPPLIES example.
Where would your place the category of OFFIC SUPPLIES on Kruhlich's
sourcing matrix?
High Impact High Risk Strategic Items
High Impact Low Risk Leverage Items
Low Impact High Risk Bottleneck Items
Correct! Low Impact Low Risk Non-Critical Items - 🧠ANSWER ✔✔low
impact low risk non critical items
Which trend direction is preferable for percentage of assets invested in
inventory?
Upward
Correct! Downward - 🧠ANSWER ✔✔downward
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
4
with Detailed Verified Answers (100%
Correct Answers) | Already Graded 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 - 🧠ANSWER ✔✔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
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
,Sole Sourcing - 🧠ANSWER ✔✔The bullwhip effect
When is the many supplier strategy more appropriate?
When purchasing a strategically critical product or service from a market
that has only one or two qualified providers.
When purchasing a less critical product or service from a market that has a
number of qualified providers. - 🧠ANSWER ✔✔When purchasing a less
critical product or service from a market that has a number of qualified
providers.
What does RFP stand for?
Really Flawed Process
Reasonably Fair Purchase
Correct! Request For Proposal
Require Fewer Providers - 🧠ANSWER ✔✔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.
Correct! TRUE
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
,FALSE - 🧠ANSWER ✔✔True
Is a Joint Venture a legal partnership?
Correct! Yes - the parties agree to work together, and their responsibilities
and performance requirements are governed by a contract.
No - although a JV agreement is put in place, the parties are not required to
work in partnership. - 🧠ANSWER ✔✔Yes - the parties agree to work
together, and their responsibilities and performance requirements are
governed by a contract.
Which of the following best describes a Japanese Keiretsu Network?
An online marketplace formed by companies in the same supply chain
Correct! A business alliance formed by several companies in a supply
chain
A multi-company competition to dominate a supply chain
A supply chain controlled by a single, dominant company - 🧠ANSWER
✔✔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?
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
, Upper Spec Limit
Capability Quantity
Capacity Utilization
Correct! Crossover Point - 🧠ANSWER ✔✔crossover point
Consider the OFFICE SUPPLIES example.
Where would your place the category of OFFIC SUPPLIES on Kruhlich's
sourcing matrix?
High Impact High Risk Strategic Items
High Impact Low Risk Leverage Items
Low Impact High Risk Bottleneck Items
Correct! Low Impact Low Risk Non-Critical Items - 🧠ANSWER ✔✔low
impact low risk non critical items
Which trend direction is preferable for percentage of assets invested in
inventory?
Upward
Correct! Downward - 🧠ANSWER ✔✔downward
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
4
