C720 exam - Study guides, Class notes & Summaries

WGU C720 Exam Review Questions and answers, VERIFIED. operations - -refers to the processes within organizations that acquire inputs and transform them into outputs that the public can consume operations - -processes through which people, capital, and material are combined to produce the services and goods consumed by the public be worth more to the consumer than the total cost of the inputs - -long term success requires that the outputs of the operation... false (service providers s...

Operational Stategies Module 1,2,12, 16 - Questions Main Objectives: how a business achieves organizational goals & competitive advantage through operations & inventory management Inventory Models EOQ EPQ QDM (Purpose of EOQ and EPQ is to minimus costs of ordering/ holding inventory Holding/Carrying Costs The costs of holding inventory; includes costs for storage space, interest paid on borrowed money to finance the inventory, and any losses incurred due to damage or obs...

A company that produces motors uses the following check sheet: Why would the company use this check sheet? To create a control chart to measure the engine assembly process To create a flow chart of the engine assembly process To develop a suppliers, inputs, process, outputs, customers (SIPOC) diagram To develop a Pareto chart identifying the root causes of engine defects To develop a Pareto chart identifying the root causes of engine defects Which aspect of quality is demonstrated...

operations refers to the processes within organizations that acquire inputs and transform them into outputs that the public can consume operations processes through which people, capital, and material are combined to produce the services and goods consumed by the public be worth more to the consumer than the total cost of the inputs long term success requires that the outputs of the operation... false (service providers sell intangible goods) service producers and goods ...

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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 (SPC) tools should the team use? Correct Answer Run charts and C...

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