WGU C215 FINAL PAPER UPDATED
QUESTIONS VERIFIED COMPLETE
ANSWERS 100 PERCENT CORRECT
◉ Tier three suppliers
Answer: Directly supplies materials or services to a tier two supplier
in the supply chain.
◉ Tier two suppliers
Answer: directly supplies tier one suppliers
◉ Total quality management
Answer: The meaning of quality as defined by the customer
◉ Transaction fee model
Answer: A company receives a fee for executing a transaction
◉ Transportation crossdocking
Answer: Consideration of LTL shipments to gain economics of scale.
◉ Value for price paid - TQM
,Answer: Quality defined in terms of consumer's perception of
usefulness of service or product related to prices paid.
◉ Vertical integration
Answer: A measure of how much of the supply chain is owned by the
manufacturing company.
◉ Best Operating level
Answer: the output volume that results in lowest average unit cost.
◉ Break even analysis
Answer: used to compute the amount of goods that must be sold just
to cover costs.
◉ Capacity
Answer: maximum output rate that can be achieved by a facility.
◉ Capacity cushions
Answer: additional capacity added to regular capacity requirements
for greater flexibility.
◉ Capacity planning
, Answer: The process of establishing the output rate that can be
achieved by a facility
◉ Capacity utilization
Answer: Percentage measure of how well available capacity is being
used.
◉ Decision tree
Answer: Modeling tool used to evaluate independent decisions that
must be made in sequence.
◉ Design capacity
Answer: the maximum output rate that can be achieved under ideal
conditions
◉ Diseconomies of scale
Answer: A condition in which the cost of each additional unit made
increases.
◉ Economies of scale
Answer: A condition in which the cost of each additional unit made
decreases.
QUESTIONS VERIFIED COMPLETE
ANSWERS 100 PERCENT CORRECT
◉ Tier three suppliers
Answer: Directly supplies materials or services to a tier two supplier
in the supply chain.
◉ Tier two suppliers
Answer: directly supplies tier one suppliers
◉ Total quality management
Answer: The meaning of quality as defined by the customer
◉ Transaction fee model
Answer: A company receives a fee for executing a transaction
◉ Transportation crossdocking
Answer: Consideration of LTL shipments to gain economics of scale.
◉ Value for price paid - TQM
,Answer: Quality defined in terms of consumer's perception of
usefulness of service or product related to prices paid.
◉ Vertical integration
Answer: A measure of how much of the supply chain is owned by the
manufacturing company.
◉ Best Operating level
Answer: the output volume that results in lowest average unit cost.
◉ Break even analysis
Answer: used to compute the amount of goods that must be sold just
to cover costs.
◉ Capacity
Answer: maximum output rate that can be achieved by a facility.
◉ Capacity cushions
Answer: additional capacity added to regular capacity requirements
for greater flexibility.
◉ Capacity planning
, Answer: The process of establishing the output rate that can be
achieved by a facility
◉ Capacity utilization
Answer: Percentage measure of how well available capacity is being
used.
◉ Decision tree
Answer: Modeling tool used to evaluate independent decisions that
must be made in sequence.
◉ Design capacity
Answer: the maximum output rate that can be achieved under ideal
conditions
◉ Diseconomies of scale
Answer: A condition in which the cost of each additional unit made
increases.
◉ Economies of scale
Answer: A condition in which the cost of each additional unit made
decreases.
