WGU C214 Financial Management > EXAMs > WGU C215 FINAL STUDY GUIDE 2024 STUDY QUSTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+ (All)

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WGU C215 FINAL STUDY GUIDE 2024 STUDY QUSTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+

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WGU C215 FINAL STUDY GUIDE 2024 STUDY QUSTIONS WITH CORRECT ANSWERS GUARANTEED PASS | RATED A+ 1. Partnering - Answer>>> A process of developing long term relationships with a supplier based on tru ... st, shared vision, and shared information, and shared risk. 2. Plan-do-study-act (PDSA) cycle - Answer>>> a diagram that describes the actvities that need to be performed to incorporate continuous improvement. 3. Postponement - Answer>>> Strategy shifts production differentiation closer to the consumer by postponing final configuration 4. Prevention costs - Answer>>> Costs associated with preventing poor quality/defects from occurring. 5. Price and availability - Answer>>> Current prices and whether the quantity is available when needed. 6. Psychological criteria - TQM - Answer>>> way of defining quality, focuses on judgement of what constitutes product or service excellence. 7. Purchase order - Answer>>> legal document committing to buy goods and providing details of purchase. 8. Quality at the source - Answer>>> best to uncover problems at source and correct it. 9. Quality Circle - Answer>>> Team of volunteer production workers and supervisors who meet regularly to solve quality issue. 10. function deployment (QFD) - Answer>>> tool to translate preferences of the customer into specific technical requirements. 11. Radio frequency identificaion (RFID) - Answer>>> unpowered microchips used to transmit encoded info through antennae 12. Reliability - Answer>>> probability of part, product or services will perform as intended. 13. Requisition request - Answer>>> indicates the need for an item. 14. Retail crossdocking - Answer>>> sorting product from multiple vendors onto outbound trucks headed for specific stores. 15. Robust design - Answer>>> A design that results in a product that can perform over a wide range of conditions. 16. Sales revenue model - Answer>>> a means of selling goods, information, or services directly to consumers. [Show More]

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