QDM Exam 1 2025/2026 Exam Questions
with 100% Correct Answers | Latest
Update
quantitative - 🧠ANSWER ✔✔based on attributes that exist in a range of
magnitudes that can be measured
qualtitative - 🧠ANSWER ✔✔based on factors that are "subjective" and may
be based on personal preferences rather than "hard facts"
Modeling - 🧠ANSWER ✔✔the process of creating a simplified
representation of a system and using it to better understand some aspect
of the real world
the secret to success when struggling with a challenging QDM analysis -
🧠ANSWER ✔✔following a logical approach
flexible model - 🧠ANSWER ✔✔designed such that a user can easily
analyze different alternatives by changing one or more input variables
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
,Operations Management - 🧠ANSWER ✔✔Activities that relate to the
creation of goods and services through the transformation of inputs to
outputs
Operations Management - 🧠ANSWER ✔✔Planning, coordinating, and
controlling the resources and processes needed to produce a company's
goods and services
ADD VALUE
-Increasing product value at each stage of the process
-The "value added" is the net increase from input component value to
output product value
EFFICIENT TRANSFORMATION
-"Efficiency" is meeting requirements (such as time, quality, delivery) at the
lowest possible cost
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
, OM is where a company really makes (or loses) money. - 🧠ANSWER
✔✔Mission of Operations Management:
productivity - 🧠ANSWER ✔✔measures how efficiently inputs are converted
into outputs
outputs (goods and services) / inputs (capital, labor and management)
Units produced/ All inputs used - 🧠ANSWER ✔✔Productivity equation:
-Labor
-Capital
-Management (smart application of knowledge and technology) -
🧠ANSWER ✔✔Productivity Improvement Drivers:
-globalization
-supply chain partnering
-sustainability
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
with 100% Correct Answers | Latest
Update
quantitative - 🧠ANSWER ✔✔based on attributes that exist in a range of
magnitudes that can be measured
qualtitative - 🧠ANSWER ✔✔based on factors that are "subjective" and may
be based on personal preferences rather than "hard facts"
Modeling - 🧠ANSWER ✔✔the process of creating a simplified
representation of a system and using it to better understand some aspect
of the real world
the secret to success when struggling with a challenging QDM analysis -
🧠ANSWER ✔✔following a logical approach
flexible model - 🧠ANSWER ✔✔designed such that a user can easily
analyze different alternatives by changing one or more input variables
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
1
,Operations Management - 🧠ANSWER ✔✔Activities that relate to the
creation of goods and services through the transformation of inputs to
outputs
Operations Management - 🧠ANSWER ✔✔Planning, coordinating, and
controlling the resources and processes needed to produce a company's
goods and services
ADD VALUE
-Increasing product value at each stage of the process
-The "value added" is the net increase from input component value to
output product value
EFFICIENT TRANSFORMATION
-"Efficiency" is meeting requirements (such as time, quality, delivery) at the
lowest possible cost
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
2
, OM is where a company really makes (or loses) money. - 🧠ANSWER
✔✔Mission of Operations Management:
productivity - 🧠ANSWER ✔✔measures how efficiently inputs are converted
into outputs
outputs (goods and services) / inputs (capital, labor and management)
Units produced/ All inputs used - 🧠ANSWER ✔✔Productivity equation:
-Labor
-Capital
-Management (smart application of knowledge and technology) -
🧠ANSWER ✔✔Productivity Improvement Drivers:
-globalization
-supply chain partnering
-sustainability
COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
3
