WGU C215 Operations Management, Complete Solution

WGU C215 Operations Management, Complete Solution 3D Printing 3D Printing is three-dimensional printing technology that deposits materials like plastics and metals in thick layers one atop the other with the process gradually building up one layer at a time until the object is produced. A broad view of JIT A philosophy that encompasses the entire organization. lean production/lean systems ABC classification A method for determining level of control and frequency of review of inventory items. A - Typically 20% of the items accounting for 80% of the inventory value. (continuous review) B - Typically an additional 30% of the items accounting for 15% of the inventory value. (periodic review) C - Typically the remaining 50% of the items accounting for only 5% of the inventory value. (two-bin system) Acceptable quality level (AQL) The small percentage of defects that consumers are willing to accept. Acceptance sampling The process of randomly inspecting a sample of goods and deciding whether to accept the entire lot based on the results. Used where inspection is expensive, volume is high, or inspection is destructive. ٭ Action bucket The current time period. Action notices Output from an MRP system that identifies the need for an action to be taken. activity-on-node network diagramming notation that places activities in the nodes and arrows to signify precedence relationships advertising revenue model provides users with information on services and products and provides an opportunity for suppliers to advertise affiliate revenue model companies receive a referral fee for directing business to an affiliate aggregate plan (also called the production plan) includes the budgeted levels of finished products, inventory, backlogs, workforce size, and aggregate production rate needed to support the marketing plan (during the next six to eighteen months) ALDEP and CRAFT computer software packages for designing process layouts allowance factor the amount of time the analyst allows for personal time, fatigue, and unavoidable delays alternative workplace