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WGU C720 OPERATIONS AND SUPPLY CHAIN MANAGEMENT EXAM LATEST 3 VERSIONS ALL 300 QUESTIONS AND CORRECT DETAILED SOLUTIONS $22.99   Add to cart

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WGU C720 OPERATIONS AND SUPPLY CHAIN MANAGEMENT EXAM LATEST 3 VERSIONS ALL 300 QUESTIONS AND CORRECT DETAILED SOLUTIONS

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WGU C720 OPERATIONS AND SUPPLY CHAIN MANAGEMENT EXAM LATEST 3 VERSIONS ALL 300 QUESTIONS AND CORRECT DETAILED SOLUTIONS

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  • September 5, 2024
  • 95
  • 2024/2025
  • Exam (elaborations)
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WGU C720 OPERATIONS AND SUPPLY CHAIN MANAGEMENT
EXAM LATEST 3 VERSIONS ALL 300 QUESTIONS AND CORRECT
DETAILED SOLUTIONS
WGU C720 OPERATIONS AND SUPPLY CHAIN MANAGEMENT EXAM A

A new, energy efficient furnace is being installed in a steel factory. Because it would have added 10%
to the cost of the furnace, the management has decided not to install the optional safety override.
This decision is most likely to lead to what?

An increase in legal costs.

What refers to the organizational issue of balancing financial profitability with environmental
responsibility?

Sustainability

Operations managers rarely become involved with worker safety or environmental pollution
complaints because such ethical issues are only handled by an organizations legal department. True or
false

False

SWOT analysis is used as a ______ tool when a firm crafts a strategy that helps distinguish itself
amount competitors, develop competitive advantages, and avoids barriers within the business
environment.

Strategic

The difference between the lowest cost producer of a good and the next lowest cost producer of the
same good is known as a -

Relative advantage

Characteristics associated with a perpetual inventory system -



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-when a company needs to know the exact inventory balance at all times
-when a company wants an accurate financial statements

Under what two conditions should a periodic review system be adopted?

-when a supplier will only deliver at a specific interval
-when a company must manually track inventory levels

SWOT analysis is used as a _____ tool when used to uncover exploitable opportunities within the
competitive landscape.

Simple

What best describes a competitive advantage?

A capability valued by customers that gives a firm an edge over its rivals.

A technique used to analyze the flow of materials, ideas, and information to understand how
processes function. Each activity in the process is defined as a value added or non value added.

Value steam mapping

In a JIT environment, the master schedule usually has a ______ planning horizon.

2-3 months

What production system uses general purpose machinery and is level scheduled ?

JIT

What indicated the quantities of component parts that will be made each day, because leadtimes are
usually short in a JIT environment.

Final assembly schedule

Which technique should a company adopt to keep a smooth production process?

Level schedule


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What helps to reduce set up time in a JIT system?

Placing the needed tools and equipment in predetermined locations and shortening the downtime of
equipment

Why is the movement of materials simplified in a JIT system ?

Parts are moved by hand.

What types of waste are related to JIT ?

Inventory
Waiting
Motion and movement
Transportation
Overproduction
Over-processing
Defects

A firm that uses JIT would most likely use a group technologies production system to ________?

A group technology production system may be used to make several different, but related parts. The
idea behind GT is that each part follows the same essential processing sequence which can reduce set
up time.

What is employee empowerment?

Extending employee responsibility and authority to the lowest levels of an organization

Crosby

Quality is Free, Zero Defects, Do it right the first time

Juran

Fitness for use, Pareto




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Taguchi

Robust Design and Parabolic Quality Loss Function
Higher quality products and processes
Quality must be designed into a product

Deming

14 points, system caused defects (not employee caused)

Ishikawa

fishbone diagram; cause and effect diagram to diagnose quality problems

A key advantage of team problem solving is that team members _________.

share (workload)

Benchmarking

The purpose of benchmarking is to set a standard based upon the company that is recognized as the
best at a certain activity

A _____, which is also know as a box chart, illustrates the frequency of data observationswithin a
present range of values.

histogram

Which tool is used in the six sigma define phase to provide an overview of an entire process and
identify what is necessary to meet customer needs?

Value stream mapping

What is value stream mapping?

A process that helps managers understand how to add value in flow of material and information through
the entire production process



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