Operations Management > EXAM > WGU C215 OPERATIONS MANAGEMENT 2024/2025 EXAM STUDY QUESTIONS WITH VERIFIED ANSWERS GUARANTEED PASS (All)

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WGU C215 OPERATIONS MANAGEMENT 2024/2025 EXAM STUDY QUESTIONS WITH VERIFIED ANSWERS GUARANTEED PASS | RATED A+

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Enterprise Resource Planning (ERP) - Answer>>> Large software programs used for planning and coordinating all resources throughout the entire enterprise. Activity-on-node - Answer>>> network diagram ... ming notation that places activities in the nodes and arrows to signify precedence relationships Break-even analysis - Answer>>> A technique used to compute the amount of goods a company would need to sell to cover its costs Statistical Process Control (SPC) - Answer>>> A statistical tool that involves inspecting a random sample of the output from a process and deciding whether the process is producing products with characteristics that fall within a predetermined range. computer-aided design (CAD) - Answer>>> A system that uses computer graphics to design new products. Intermittent operations - Answer>>> processes used to produce a variety of products with different processing requirements in lower volumes beta probability distribution - Answer>>> typically represents project activities Pareto's law - Answer>>> implies that about 20 percent of the inventory items will account for about 80 percent of the inventory value Hybrid aggregate plan - Answer>>> a planning approach that uses a combination of level and chase approaches while developing the aggregate plan percentage of Dollar Volume Shipped on Schedule - Answer>>> A customer service measure appropriate when customer orders vary in value Percentage of Line Items Shipped on Schedule - Answer>>> A customer service measure appropriate when customer orders vary in number of line items ordered Percentage of Orders Shipped on Schedule - Answer>>> a customer service measure appropriate for use when orders have similar value Crashing - Answer>>> Reducing the completion time of the project Critical chain approach - Answer>>> Focus on the final due date that is based on the theory of constraints Critical path - Answer>>> The longest sequential path through the network diagram Critical path method (CPM) - Answer>>> Network planning technique, with deterministic times, used to determine a project's planned completion date and identify the project's critical path. [Show More]

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