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WGU C720 Study Guide Exam | Complete Solution
WGU C720 Study Guide Exam | Complete Solution Type of Inventory These part and materials are obtained from suppliers and are used in the production process. - CORRECT ANSWER-Raw Materials Type of Inventory These are partly finished parts, components, subassemblies, or modules - CORRECT ANSWER-Work-inprocess (WIP) Type of Inventory Items are ready to ship to the customer. No more work required - CORRECT ANSWER-Finished Goods
- Exam (elaborations)
- • 2 pages •
WGU C720 Study Guide Exam | Complete Solution Type of Inventory These part and materials are obtained from suppliers and are used in the production process. - CORRECT ANSWER-Raw Materials Type of Inventory These are partly finished parts, components, subassemblies, or modules - CORRECT ANSWER-Work-inprocess (WIP) Type of Inventory Items are ready to ship to the customer. No more work required - CORRECT ANSWER-Finished Goods
WGU C720 Exam With Actual Question & Answer
WGU C720 Exam With Actual Question & Answer Concurrent Engineering - CORRECT ANSWER-Completing product design and process design simultaneously. Relative Advantage - CORRECT ANSWER-Where one entity has an advantage over another; will often trade their specialized products for those that they do not produce; companies with a relative advantage are able to produce products at a lower cost than their competitors. What is the percentage of businesses that operate within the service sector...
- Exam (elaborations)
- • 17 pages •
WGU C720 Exam With Actual Question & Answer Concurrent Engineering - CORRECT ANSWER-Completing product design and process design simultaneously. Relative Advantage - CORRECT ANSWER-Where one entity has an advantage over another; will often trade their specialized products for those that they do not produce; companies with a relative advantage are able to produce products at a lower cost than their competitors. What is the percentage of businesses that operate within the service sector...
WGU C720 Operations And Supply Chain Real Exam Question & Correct Answer
WGU C720 Operations And Supply Chain Real Exam Question & Correct Answer Operations Management - CORRECT ANSWER-The multidisciplinary science that organizations use to acquire inputs (people, capital, material, or energy and transform them into outputs (products and/or services) that ultimately provide value to the end customer Biggest difference between Service Providers and Goods Producers - CORRECT ANSWER-A good is tangible and a service is not Resources - CORRECT ANSWER-People, ...
- Exam (elaborations)
- • 7 pages •
WGU C720 Operations And Supply Chain Real Exam Question & Correct Answer Operations Management - CORRECT ANSWER-The multidisciplinary science that organizations use to acquire inputs (people, capital, material, or energy and transform them into outputs (products and/or services) that ultimately provide value to the end customer Biggest difference between Service Providers and Goods Producers - CORRECT ANSWER-A good is tangible and a service is not Resources - CORRECT ANSWER-People, ...
WGU C720 -Proctored Exam| 100% Correct Answer ( 2024)
WGU C720 -Proctored Exam| 100% Correct Answer ( 2024) Why would the company use this check sheet? - CORRECT ANSWER-To develop a Pareto chart identifying the root causes of engine defects Which aspect of quality is demonstrated by a vehicle that has a useful life of 165,000 miles? - CORRECT ANSWER-Durability A quality improvement team is trying to illustrate to upper management how a process is varying over time as measurements are collected. Which two statistical process control (SP...
- Exam (elaborations)
- • 14 pages •
WGU C720 -Proctored Exam| 100% Correct Answer ( 2024) Why would the company use this check sheet? - CORRECT ANSWER-To develop a Pareto chart identifying the root causes of engine defects Which aspect of quality is demonstrated by a vehicle that has a useful life of 165,000 miles? - CORRECT ANSWER-Durability A quality improvement team is trying to illustrate to upper management how a process is varying over time as measurements are collected. Which two statistical process control (SP...
WGU C720 Exam Practice 1 With Complete Solution
WGU C720 Exam Practice 1 With Complete Solution Inputs - CORRECT ANSWER-People, capital, material, money Outputs - CORRECT ANSWER-Services and goods Sustainability - CORRECT ANSWER-Defined broadly in operations and supply chain management as the ethical issues an organization faces to balance financial performance while maintaining social responsibility standards and a responsible environmental profile. VIRAL - CORRECT ANSWER-Acronym - A framework for competitive advantage. Viral, In...
- Exam (elaborations)
- • 21 pages •
WGU C720 Exam Practice 1 With Complete Solution Inputs - CORRECT ANSWER-People, capital, material, money Outputs - CORRECT ANSWER-Services and goods Sustainability - CORRECT ANSWER-Defined broadly in operations and supply chain management as the ethical issues an organization faces to balance financial performance while maintaining social responsibility standards and a responsible environmental profile. VIRAL - CORRECT ANSWER-Acronym - A framework for competitive advantage. Viral, In...