WGU C215 Operations Management Questions and Answers Already Passed

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WGU C215 Operations Management Questions and Answers Already Passed Advertising revenue model ✔✔Provides users with information on services and products and provides an opportunity for supplier ... s to advertise Affiliate revenue model ✔✔Companies receive a referral fee for directing business to an affiliate Appraisal cost ✔✔The cost associated with uncovering defects Automated order entry systems ✔✔A method using telephone models to send digital orders to suppliers. Backwards integration ✔✔Owning or controlling sources of raw materials and components. Benchmarking ✔✔Studying other companies business practices for comparison. Bullwhip effect ✔✔Inaccurate or distorted demand information created in the supply chain. Business to Business commerce ✔✔Businesses buying and selling to other businesses. Business to consumer commerce ✔✔Businesses selling to individual consumers. Cause and effect diagrams ✔✔A chart that identifies potential causes of particular quality problems. Checklist ✔✔A list of common defects and the number of observed occurrences of each. Conformance to specifications ✔✔how well a product or service meets the targets and tolerances set by designers. Continuous improvement ✔✔A philosophy of never ending improvement. Control charts ✔✔Charts used to evaluate whether a process is operating within expectations. Crossdocking ✔✔Eliminates storage and order picking functions of a distribution warehouse. Customer defined quality ✔✔an integrated effort designed to improve quality performance at every level of the organization. Deming Prize ✔✔Japanese award for companies to recognize efforts in quality improvement. Distribution management ✔✔Responsible for the movement of material from the manufacturer to the customer. Distribution warehouse ✔✔Used for short term storage, consolidation, and product mixing. Distributor crossdocking ✔✔the receiving and consolidating of inbound products from different vendors into a multi-SKU pallet. E-commerce ✔✔Using the internet and web to do business. E-distributors ✔✔Independently owned net [Show More]

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