WGU C215 Operations Management Question with 100 % correct answers | Verified | updated

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 Appraisal cost - The cost associated with uncovering defects Automated order entry system - A method using telephone models to send digital orders to suppliers Automated order entry systems - A method using telephone models to send digital orders to suppliers. Backward integration - Owning or controlling the source of raw materials and components Backwards integration - Owning or controlling sources of raw materials and components. Beliefs defining JIT philosophy - Operations, simplicity, continuous improvement, visibility, and flexibility. Benchmarking - Studying other companies business practices for comparison. Best Operating level - the output volume that results in lowest average unit cost. Bottom-round management - consensus management by committees or teams. Break even analysis - used to compute the amount of goods that must be sold just to cover costs.Broad view of JIT - philosophy that encompasses the entire organization Broad view of the organization - tasks and procedures are important only if they meet goals. Bullwhip effect - Inaccurate or distorted demand information created in the supply chain. Business to Business commerce - Businesses buying and selling to other businesses