WGU C720 OA LATEST EXAM REAL EXAM
200 QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS)
A new, energy-efficient furnace is being installed in a steel factory. Because it
would have added 10% to the cost of the furnace, management has decided not
to install the optional safety override for the furnace. This decision is most likely
to lead to which of the following? - CORRECT ANSWER>>An increase in legal
costs
Refers to the organizational issue of balancing financial profitability with
environmental responsibility - CORRECT ANSWER>>sustainability
Operations managers rarely become involved with worker safety or
environmental pollution complaints because such ethical issues are only handled
by an organizations legal department. True or False - CORRECT ANSWER>>False
SWOT analysis is used as a ______ tool when a firm crafts a strategy that helps
distinguish itself among competitors, develops competitive advantages, and
avoids barriers within the business environment. - CORRECT
ANSWER>>strategic
The difference between the lowest cost producer of a good and the next lowest
cost producer of the same good is known as a - CORRECT ANSWER>>Relative
advantage
,Characteristics associated with a perpetual inventory system - CORRECT
ANSWER>>-when a company needs to know exact inventory balances at all
times
-when a company wants accurate financial statements
Under what two conditions should I periodic review system be adopted -
CORRECT ANSWER>>-When a supplier will only deliver at a specific interval
-when a company must manually track inventory levels
SWOT analysis is used as a ___ tool when used to uncover exploitable
opportunities within the competitive landscape. - CORRECT ANSWER>>simple
What best describes a competitive advantage? - CORRECT ANSWER>>A
capability valued by customers that gives a firm in edge over its rivals
A technique used to analyze the flow of materials, ideas, and information to
understand how processes function. Each activity in the process is defined as a
value added or non-value added - CORRECT ANSWER>>Value stream mapping
In a JIT environment, the master schedule usually has a ____ planning horizon. -
CORRECT ANSWER>>2-3 month
What production system uses general purpose machinery and is level scheduled?
- CORRECT ANSWER>>JIT
What indicates the quantities of component parts that will be made each day,
because leadtimes are usually short in a JIT environment - CORRECT
ANSWER>>Final assembly schedule
, Which technique should a company adopt to keep a smooth production
process? - CORRECT ANSWER>>Level schedule
What helps to reduce set up time in a JIT system? - CORRECT
ANSWER>>Placing the needed tools and equipment in predetermined locations
and shortening the downtime of equipment
Why is the movement of materials simplified in a JIT system? - CORRECT
ANSWER>>Parts are moved by hand
What types of waste are related to JIT? - CORRECT ANSWER>>Inventory
Waiting
Motion and movement
Transportation
Overproduction
Overprocessing
Defects
A firm that uses JIT would most likely use a group technology production system
to ____? - CORRECT ANSWER>>A group technology production system may be
used to make several different, but related, parts. The idea behind GT is that each
part follows the same essential processing sequence which can reduce set up
time.
Employee empowerment - CORRECT ANSWER>>Extending employee
responsibility and authority to the lowest levels of an organization
200 QUESTIONS AND CORRECT ANSWERS
(VERIFIED ANSWERS)
A new, energy-efficient furnace is being installed in a steel factory. Because it
would have added 10% to the cost of the furnace, management has decided not
to install the optional safety override for the furnace. This decision is most likely
to lead to which of the following? - CORRECT ANSWER>>An increase in legal
costs
Refers to the organizational issue of balancing financial profitability with
environmental responsibility - CORRECT ANSWER>>sustainability
Operations managers rarely become involved with worker safety or
environmental pollution complaints because such ethical issues are only handled
by an organizations legal department. True or False - CORRECT ANSWER>>False
SWOT analysis is used as a ______ tool when a firm crafts a strategy that helps
distinguish itself among competitors, develops competitive advantages, and
avoids barriers within the business environment. - CORRECT
ANSWER>>strategic
The difference between the lowest cost producer of a good and the next lowest
cost producer of the same good is known as a - CORRECT ANSWER>>Relative
advantage
,Characteristics associated with a perpetual inventory system - CORRECT
ANSWER>>-when a company needs to know exact inventory balances at all
times
-when a company wants accurate financial statements
Under what two conditions should I periodic review system be adopted -
CORRECT ANSWER>>-When a supplier will only deliver at a specific interval
-when a company must manually track inventory levels
SWOT analysis is used as a ___ tool when used to uncover exploitable
opportunities within the competitive landscape. - CORRECT ANSWER>>simple
What best describes a competitive advantage? - CORRECT ANSWER>>A
capability valued by customers that gives a firm in edge over its rivals
A technique used to analyze the flow of materials, ideas, and information to
understand how processes function. Each activity in the process is defined as a
value added or non-value added - CORRECT ANSWER>>Value stream mapping
In a JIT environment, the master schedule usually has a ____ planning horizon. -
CORRECT ANSWER>>2-3 month
What production system uses general purpose machinery and is level scheduled?
- CORRECT ANSWER>>JIT
What indicates the quantities of component parts that will be made each day,
because leadtimes are usually short in a JIT environment - CORRECT
ANSWER>>Final assembly schedule
, Which technique should a company adopt to keep a smooth production
process? - CORRECT ANSWER>>Level schedule
What helps to reduce set up time in a JIT system? - CORRECT
ANSWER>>Placing the needed tools and equipment in predetermined locations
and shortening the downtime of equipment
Why is the movement of materials simplified in a JIT system? - CORRECT
ANSWER>>Parts are moved by hand
What types of waste are related to JIT? - CORRECT ANSWER>>Inventory
Waiting
Motion and movement
Transportation
Overproduction
Overprocessing
Defects
A firm that uses JIT would most likely use a group technology production system
to ____? - CORRECT ANSWER>>A group technology production system may be
used to make several different, but related, parts. The idea behind GT is that each
part follows the same essential processing sequence which can reduce set up
time.
Employee empowerment - CORRECT ANSWER>>Extending employee
responsibility and authority to the lowest levels of an organization
