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WGU C215 OA studying Question and answers rated A+ 2024 $13.49
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WGU C215 OA studying Question and answers rated A+ 2024

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WGU C215 OA studying Question and answers rated A+ 2024 WGU C215 OA studying Average amount of time product take to move through the system Thoughput time demand-based options A group of options that respond to demand fluctuations through the use of inventory or back orders, or by shifti...

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  • August 31, 2024
  • 18
  • 2024/2025
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WGU C215 OA studying
Average amount of time product take to move through the system
Thoughput time




demand-based options
A group of options that respond to demand fluctuations through the use of
inventory or back orders, or by shifting the demand pattern.




finished goods inventory
-manufactured items that are completed and ready for sale
-used to absorb demand fluctuations




shifting demand
a marketing strategy that attempts to shift demand from peak periods to
nonpeak periods to smooth out the demand pattern




level aggregate plan
A planning approach that produces the same quantity each time period.
Inventory and back orders are used to absorb demand fluctuations.




chase aggregate plan

,a planning approach that varies production to meet demand each period




hybrid aggregate plan
a planning approach that uses a combination of level and chase approaches
while developing the aggregate plan




Sales and Operations Planning
The process that companies use to keep demand and supply in balance and
to coordinate distribution, marketing, and financial plans.




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




synonym for aggregate plan
production plan




Master Production Schedule (MPS)
A part of the material requirements plan that details how many end items will
be produced within specified periods of time
-anticipated production schedule

, Point of Departure (POD)
the percentage of normal capacity your company is currently operating at




AD
psychological criteria
a subjective definition that focuses on the judgmental evaluation of what
constitutes product or service quality




quality circle
a team of employees who meet on company time to solve problems of product
quality




Fishbone diagram
cause and effect diagram




Flowchart
A diagram that shows step-by-step progression through a procedure or
system especially using connecting lines and a set of conventional symbols.




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