WGU C720 Operations and Supply Chain Management Study Guide 2023/2024

C720 Operations - Correct Answer-The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager - Correct Answer-They allocate resources. Capital - Correct Answer-Facilities and equipment Compe...

WGU C720 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 ...

operations - correct answersrefers to the processes within organizations that acquire inputs and transform them into outputs that the public can consume operations - correct answersprocesses through which people, capital, and material are combined to produce the services and goods consumed by the...

C270 In most cases, companies that sell products and companies that sell services both maintain inventories of - Correct Answer-Supporting goods True or False? Organizations with flexible operations respond quickly and inexpensively to the changing needs of customers. - Correct Answer-True ...

WGU C720 ________ and ________ crucial and relate to both the design of goods and services. - Correct Answer-Product & process design Tangible Goods - Correct Answer-Merchandise you can put your hands on. Physical objects. Intangible Good - Correct Answer-Good that does not have a physi...

WGU C720 Vertical Integration - correct answerswhen a company owns multiple assets in a supply chain Backward Vertical Integration - correct answersOwns the supplier to make the products themselves Forward Vertical Integration - correct answersOwns the retail stores to sell the products t...

WGU C720 Teamwork - Correct Answer-Teamwork in operations benefit the customer when coordinated decisions within an organization produce high quality products that customers value. Teamwork can help make improvements to products. To remain competitive in the global marketplace, teamwork should be...