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Wgu Ops Management C215 Custom Glossary For Chapters 5, 6, 9, 3, 10, 11, 7, 15, 4, 12, 13, 14 Study Guide With Complete Solution!!

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WGU OPS MANAGEMENT C215 CUSTOM GLOSSARY FOR CHAPTERS 5, 6, 9, 3, 10, 11, 7, 15, 4, 12, 13, 14 STUDY GUIDE WITH COMPLETE SOLUTION!!

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WGU OPS MANAGEMENT C215 CUSTOM GLOSSARY
FOR CHAPTERS 5, 6, 9, 3, 10, 11, 7, 15, 4, 12, 13, 14 STUDY
GUIDE WITH COMPLETE SOLUTION!!
activity-on-node

answers: network diagramming notation that places activities in the nodes and
arrows to signify precedence relationships

advertising revenue model



answers: provides users with information on services and products and provides
an opportunity for suppliers to advertise

affiliate revenue model



answers: companies receive a referral fee for directing business to an affiliate

aggregate plan



answers: includes the budgeted levels of finished products, inventory, backlogs,
workforce size, and aggregate production rate needed to support the marketing
plan

ALDEP and CRAFT



answers: computer software packages for designing process layouts

allowance factor



answers: the amount of time the analyst allows for personal time, fatigue, and
unavoidable delays

,alternative workplace



answers: brings work to the worker rather than the worker to the workplace

anticipation inventory



answers: inventory built in anticipation of future demand

application service provider (ASP)



answers: sets up and runs ERP systems

appraisal costs



answers: costs incurred in the process of uncovering defects

assemble-to-order strategy



answers: produces standard components that can be combined to customer
specifications

assignable causes of variation



answers: causes that can be identified and eliminated

automated order entry system



answers: "a method using telephone models to send digital orders

to suppliers"

,answers:

back orders



answers: unfilled customer orders

backward scheduling



answers: starts with the due date for an order and works backward to determine
the start date for each activity

backward scheduling



answers: scheduling method that determines when the job must be started to be
done on the due date

batch process



answers: a type of process used to produce a small quantity of products in groups
or batches based on customer orders or specifications

behavioral feasibility



answers: degree to which the job is intrinsically satisfying to the employee

benchmarking



answers: studying the business practices of other companies for purposes of
comparison

, best operating level



answers: "the volume of output that results in the lowest average

unit cost"



answers:

beta probability distribution



answers: typically represents project activities

bill of material (BOM)



answers: lists all the subassemblies, component parts, and raw materials that go
into an end item and shows the usage quantity of each required

block plan



answers: schematic showing the placement of resources in a facility

bottleneck



answers: longest task in the process

break-even analysis



answers: technique used to compute the amount of goods that must be sold just to
cover costs

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