WGU C720 PRACTICE EXAM PREP GUIDE
WITH COMPLETE QUESTIONS AND
ANSWERS(VERIFIED) |ALREADY GRADED
A+ | GUARANTEED PASS | NEWEST 2026 |
BRAND NEW VERSION!!!!!
Inputs - CORRECTANSWER People, capital, material, money
Outputs - CORRECTANSWER Services and goods
Sustainability - CORRECTANSWER 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 - CORRECTANSWER Acronym - A framework for competitive advantage.
Viral, Inimitable, Rare, Aptitude, Lifespan.
,The advantage must provide Value to consumers; it should be Inimitable (not easily imitated),
Rare, and an organization must have the Aptitude (capability) and Lifespan (sustainability) to
earn appropriate returns on the advantage.
Productivity - CORRECTANSWER A mathematical calculation; it is the ratio of the outputs
achieved divided by the inputs consumed to achieve those outputs.
6 Types of Inventory - CORRECTANSWER o Raw Materials
o Work In Progress
o Finished Goods
o Replacement Parts Inventory
o Supplies
o Transportation
Raw Materials - CORRECTANSWER These parts and materials are obtained from suppliers and
are used in the production process.
Work-in-process (WIP) - CORRECTANSWER These are partly finished parts, components, sub-
assemblies, or modules.
Finished Goods - CORRECTANSWER Items are ready to ship to the customer. No more work is
required.
Replacement parts inventory - CORRECTANSWER These are maintained to replace other parts in
machinery or equipment as those parts wear out
Supplies - CORRECTANSWER Parts or materials are used to support the production process but
not usually a component of the product. These items, such as lubricant and cutting tools, are
consumed in the production process.
, Transportation (pipeline): - CORRECTANSWER The portion of inventory that is in the process of
being shipped through the distribution system.
4 Types of Demand - CORRECTANSWER o Peak
o Seasonal
o Unexpected
o Chase
Peak Demand - CORRECTANSWER Demand which occurs in response to planned events such as
advertising, publicity or promotion. The release of a popular game franchise's latest version
often causes peak demand for a few days or weeks.
Seasonal Demand - CORRECTANSWER Demand as shoppers adjust their purchase velocity in
line with holidays, especially Christmas. But Halloween, Thanksgiving and even St. Patrick's Day
also create seasonal demand for certain kinds of merchandise.
Unexpected Demand - CORRECTANSWER Demand which occurs due to a usually-unexpected
event. For example, an underdog school may upset a favorite during the NCAA's basketball
tournament, causing a run on their merchandise.
Chase Demand - CORRECTANSWER Demand that occurs when a company has to adjust
production by rates to match demand by varying the workforce and using overtime. Companies
vary the workforce by adding or reducing the number of employees on duty at any given time.
And they may choose to provide overtime by asking workers to stay on the job beyond their
normally scheduled time.
Safety Stock - CORRECTANSWER A cushion of inventory to protect against unexpected demand.
In this way, they can continue to meet customer demand without delays.
WITH COMPLETE QUESTIONS AND
ANSWERS(VERIFIED) |ALREADY GRADED
A+ | GUARANTEED PASS | NEWEST 2026 |
BRAND NEW VERSION!!!!!
Inputs - CORRECTANSWER People, capital, material, money
Outputs - CORRECTANSWER Services and goods
Sustainability - CORRECTANSWER 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 - CORRECTANSWER Acronym - A framework for competitive advantage.
Viral, Inimitable, Rare, Aptitude, Lifespan.
,The advantage must provide Value to consumers; it should be Inimitable (not easily imitated),
Rare, and an organization must have the Aptitude (capability) and Lifespan (sustainability) to
earn appropriate returns on the advantage.
Productivity - CORRECTANSWER A mathematical calculation; it is the ratio of the outputs
achieved divided by the inputs consumed to achieve those outputs.
6 Types of Inventory - CORRECTANSWER o Raw Materials
o Work In Progress
o Finished Goods
o Replacement Parts Inventory
o Supplies
o Transportation
Raw Materials - CORRECTANSWER These parts and materials are obtained from suppliers and
are used in the production process.
Work-in-process (WIP) - CORRECTANSWER These are partly finished parts, components, sub-
assemblies, or modules.
Finished Goods - CORRECTANSWER Items are ready to ship to the customer. No more work is
required.
Replacement parts inventory - CORRECTANSWER These are maintained to replace other parts in
machinery or equipment as those parts wear out
Supplies - CORRECTANSWER Parts or materials are used to support the production process but
not usually a component of the product. These items, such as lubricant and cutting tools, are
consumed in the production process.
, Transportation (pipeline): - CORRECTANSWER The portion of inventory that is in the process of
being shipped through the distribution system.
4 Types of Demand - CORRECTANSWER o Peak
o Seasonal
o Unexpected
o Chase
Peak Demand - CORRECTANSWER Demand which occurs in response to planned events such as
advertising, publicity or promotion. The release of a popular game franchise's latest version
often causes peak demand for a few days or weeks.
Seasonal Demand - CORRECTANSWER Demand as shoppers adjust their purchase velocity in
line with holidays, especially Christmas. But Halloween, Thanksgiving and even St. Patrick's Day
also create seasonal demand for certain kinds of merchandise.
Unexpected Demand - CORRECTANSWER Demand which occurs due to a usually-unexpected
event. For example, an underdog school may upset a favorite during the NCAA's basketball
tournament, causing a run on their merchandise.
Chase Demand - CORRECTANSWER Demand that occurs when a company has to adjust
production by rates to match demand by varying the workforce and using overtime. Companies
vary the workforce by adding or reducing the number of employees on duty at any given time.
And they may choose to provide overtime by asking workers to stay on the job beyond their
normally scheduled time.
Safety Stock - CORRECTANSWER A cushion of inventory to protect against unexpected demand.
In this way, they can continue to meet customer demand without delays.
