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
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