QDM Final Exam 2025/2026 Exam
Questions and Detailed Answers | Get it
100% Correct Answers
What raw material do you think the camera lens in your mobile phone is
made from? - 🧠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. - 🧠ANSWER ✔✔The Bullwhip Effect
When is the many supplier strategy more appropriate? - 🧠ANSWER
✔✔When purchasing a less critical product or service from a market that
has a number of qualified providers.
What does RFP stand for? - 🧠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. - 🧠ANSWER ✔✔TRUE
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
, Is a Joint Venture a legal 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? -
🧠ANSWER ✔✔A business alliance formed by several companies in a
supply chain
Consider the OFFICE LAPTOP PURCHASE example.
Assume that on average each offices orders fifty laptops annually.
Assuming our laptop supplier will honor the lowest price of $299 at all
seven of our offices, what is the potential savings from a best price
evaluation initiative? - 🧠ANSWER ✔✔$6,000 annually
The Make vs Buy (MvB) formula should look familiar to you. What is
another term we could use for the Indifference Quantity? - 🧠ANSWER
✔✔Crossover Point
Consider the BAGEL SHOP example.
What is the Indifference Quantity? - 🧠ANSWER ✔✔56,000 bagels
Consider the BAGEL SHOP example.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
Questions and Detailed Answers | Get it
100% Correct Answers
What raw material do you think the camera lens in your mobile phone is
made from? - 🧠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. - 🧠ANSWER ✔✔The Bullwhip Effect
When is the many supplier strategy more appropriate? - 🧠ANSWER
✔✔When purchasing a less critical product or service from a market that
has a number of qualified providers.
What does RFP stand for? - 🧠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. - 🧠ANSWER ✔✔TRUE
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
, Is a Joint Venture a legal 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? -
🧠ANSWER ✔✔A business alliance formed by several companies in a
supply chain
Consider the OFFICE LAPTOP PURCHASE example.
Assume that on average each offices orders fifty laptops annually.
Assuming our laptop supplier will honor the lowest price of $299 at all
seven of our offices, what is the potential savings from a best price
evaluation initiative? - 🧠ANSWER ✔✔$6,000 annually
The Make vs Buy (MvB) formula should look familiar to you. What is
another term we could use for the Indifference Quantity? - 🧠ANSWER
✔✔Crossover Point
Consider the BAGEL SHOP example.
What is the Indifference Quantity? - 🧠ANSWER ✔✔56,000 bagels
Consider the BAGEL SHOP example.
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
