100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WGU C720 OA LATEST EXAM REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) $19.49   Add to cart

Exam (elaborations)

WGU C720 OA LATEST EXAM REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)

 5 views  0 purchase
  • Course
  • WGU C720 OA
  • Institution
  • WGU C720 OA

WGU C720 OA LATEST EXAM REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)WGU C720 OA LATEST EXAM REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)WGU C720 OA LATEST EXAM REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)WGU C720 OA LATEST EXAM REAL ...

[Show more]

Preview 3 out of 25  pages

  • September 17, 2024
  • 25
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU C720 OA
  • WGU C720 OA
avatar-seller
DOCJAMES
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

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller DOCJAMES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $19.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$19.49
  • (0)
  Add to cart