WGU C215 STUDY GUIDE FINAL EXAM
QUESTIONS WITH 100% COMPLETE
SOLUTIONS| LATEST UPDATE
Setup costs - correct answer-Costs incurred when setting up production equipment
Simplicity - correct answer-The simpler a solution the better it is.
Single source suppliers - correct answer-Suppliers that supply an entire family of parts
to a manufacturer.
Small lot production - correct answer-The ability to produce small quantities of products
Types of waste - correct answer-Material, energy, time and space
Uniform plant loading - correct answer-A constant production plan for a facility with a
given planning horizon.
Visible - correct answer-Problems must be visible to be identified and solved.
Waste - correct answer-Anything that does not add value
Withdrawal Cards - correct answer-A Kanban card that authorizes withdrawal of
material
Automated order entry system - correct answer-A method using telephone models to
send digital orders to suppliers
Backward integration - correct answer-Owning or controlling the source of raw materials
and components
,subcontracting - correct answer-sending production work outside to another
manufacturer or service provider
Forecasting Capacity - correct answer-Used in Capacity Planning.
It is the forecasts of future demand.
Long-term investment demand needs
Short-term demand needs.
Strategic Implications of Capacity Planning - correct answer-strategic partnerships
where the terms of the partnerships (either joint projects, supplier relationships,
subcontracting relationships, etc.) require supply chain information sharing.
a statement of long-range strategy and revenue, cost, and profit objectives.
Capacity Planning Alternatives. Do Nothing. - correct answer-- Subcontracting during
times of excess demand requirements.
- Overtime requirements.
Capacity Planning Alternatives. Expand Small Now. - correct answer-Risk/benefit
analysis indicating that high future demand forecasts having large std deviations.
Indicators that competitors expanding capacity in excess of what future demand
forecasts indicate.
Capacity Planning Alternatives. Expand Large Now. - correct answer-Indications that
competitor capacity investments not sufficient to meet foretasted future demand.
Decision Tree Chance events - correct answer-These are the probabilistic chances that
different environments materialize after a decision has been made.
A chance node is a branch in the tree which represents a family of possible outcomes
which are not under the control (or are only partly under the control) of the decision
maker. Probabilities: Probabilities are assigned for each possible outcome of a chance
node.
, Decision Tree - Decision Points - Outcomes - correct answer-Costs associated from the
decisions that are made from a sequence of decision alternatives, and the resulting
outcomes that happen as a result of the decision tree.
Location Analysis Quality of Life - correct answer-From the perspective of the
employees, will the area being considered going to have adequate or good quality of life
in terms of like, entertainment prospects, climate, good schools, crime rates, etc
Location Analysis - Making Location Decisions - correct answer-Step 1 - Identify
Dominant Location Factors.
Step 2 - Develop Location Alternatives.
Step 3 - Evaluate alternative locations per location factor weighting.
Center of Gravity Approach - Location Analysis - correct answer-Minimizing the distance
of the heaviest loads in order to reduce transportation costs of the heaviest loads.
Transportation Method - Location Analysis - correct answer-Software designed to find
optimal locations based off of many factors at once.
Intermittent Operations - Process Selection - correct answer-Specialty products or
services that require a lot of time and effort to produce, think a custom home.
Project Process - Think Custom Homes.
Batch Processes - Think College Classes.
Repetitive Processes - correct answer-Standardized product and high volume.
Line Processes - Think Assembly lines
Continuous Processes - Think oil refineries or water purification plants.
Production FlowCharts - correct answer-Squares - Stages.
Triangles - Signal a decision.
Process Flowcharts - correct answer-Squares = interactions with customers.
Triangles = Situations customers must make decisions.
QUESTIONS WITH 100% COMPLETE
SOLUTIONS| LATEST UPDATE
Setup costs - correct answer-Costs incurred when setting up production equipment
Simplicity - correct answer-The simpler a solution the better it is.
Single source suppliers - correct answer-Suppliers that supply an entire family of parts
to a manufacturer.
Small lot production - correct answer-The ability to produce small quantities of products
Types of waste - correct answer-Material, energy, time and space
Uniform plant loading - correct answer-A constant production plan for a facility with a
given planning horizon.
Visible - correct answer-Problems must be visible to be identified and solved.
Waste - correct answer-Anything that does not add value
Withdrawal Cards - correct answer-A Kanban card that authorizes withdrawal of
material
Automated order entry system - correct answer-A method using telephone models to
send digital orders to suppliers
Backward integration - correct answer-Owning or controlling the source of raw materials
and components
,subcontracting - correct answer-sending production work outside to another
manufacturer or service provider
Forecasting Capacity - correct answer-Used in Capacity Planning.
It is the forecasts of future demand.
Long-term investment demand needs
Short-term demand needs.
Strategic Implications of Capacity Planning - correct answer-strategic partnerships
where the terms of the partnerships (either joint projects, supplier relationships,
subcontracting relationships, etc.) require supply chain information sharing.
a statement of long-range strategy and revenue, cost, and profit objectives.
Capacity Planning Alternatives. Do Nothing. - correct answer-- Subcontracting during
times of excess demand requirements.
- Overtime requirements.
Capacity Planning Alternatives. Expand Small Now. - correct answer-Risk/benefit
analysis indicating that high future demand forecasts having large std deviations.
Indicators that competitors expanding capacity in excess of what future demand
forecasts indicate.
Capacity Planning Alternatives. Expand Large Now. - correct answer-Indications that
competitor capacity investments not sufficient to meet foretasted future demand.
Decision Tree Chance events - correct answer-These are the probabilistic chances that
different environments materialize after a decision has been made.
A chance node is a branch in the tree which represents a family of possible outcomes
which are not under the control (or are only partly under the control) of the decision
maker. Probabilities: Probabilities are assigned for each possible outcome of a chance
node.
, Decision Tree - Decision Points - Outcomes - correct answer-Costs associated from the
decisions that are made from a sequence of decision alternatives, and the resulting
outcomes that happen as a result of the decision tree.
Location Analysis Quality of Life - correct answer-From the perspective of the
employees, will the area being considered going to have adequate or good quality of life
in terms of like, entertainment prospects, climate, good schools, crime rates, etc
Location Analysis - Making Location Decisions - correct answer-Step 1 - Identify
Dominant Location Factors.
Step 2 - Develop Location Alternatives.
Step 3 - Evaluate alternative locations per location factor weighting.
Center of Gravity Approach - Location Analysis - correct answer-Minimizing the distance
of the heaviest loads in order to reduce transportation costs of the heaviest loads.
Transportation Method - Location Analysis - correct answer-Software designed to find
optimal locations based off of many factors at once.
Intermittent Operations - Process Selection - correct answer-Specialty products or
services that require a lot of time and effort to produce, think a custom home.
Project Process - Think Custom Homes.
Batch Processes - Think College Classes.
Repetitive Processes - correct answer-Standardized product and high volume.
Line Processes - Think Assembly lines
Continuous Processes - Think oil refineries or water purification plants.
Production FlowCharts - correct answer-Squares - Stages.
Triangles - Signal a decision.
Process Flowcharts - correct answer-Squares = interactions with customers.
Triangles = Situations customers must make decisions.
