Batch quantity - Study guides, Class notes & Summaries

WGU C215 Operations Management Exam Prep (Latest 2024/ 2025 Update) | Final Exam Questions and Verified Answers| 100% Correct| Grade A Q: The expected proportion of defective items that will be passed to the customer under the sampling plan. Answer: Average outgoing quality (AOQ) Q: unfilled customer orders Answer: Back orders Q: Delaying delivery to the customer until the item becomes available. Answer: Back-order Q: Owning or controlling sources of raw...

Artificial Intelligence (AI) - ANSWER Machines that display human-like intelligence Assets - ANSWER The value of everything an organisation owns Audit - ANSWER A systematic inspection of a process or procedure to assess compliance with requirements or regulations Batch Quantity - ANSWER Amount of products produced at a time Benchmark - ANSWER Compare an element of one business, such as price, quality or service, against another Bid - ANSWER Offer of a price, may be a response to a...

The sum of the practices and processes that an enterprise uses to manage the total life cycle cost investment in its portfolio of strategic assets is called _________ Total Cost Management ______ is the application of scientific principles and techniques to problems of : - estimation - cost control - business planning & management science - profitability analysis - project management - planning & scheduling Cost Engineering _______ Is the value of an activity or asset. Gene...

1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality - Answer- Total Quality Management (TQM) Philosophy Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Uses both the process variability and the process specifications to determine whether t...

Total Quality Management (TQM) Philosophy - Answer 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) - Answer Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma - Answer A disciplined, data-driven...

WGU C215 Study Guide – FINAL Latest Updated 2022 Already Passed Total Quality Management (TQM) Philosophy 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sig...

SANS 410 Latest Update Exam Questions with Verified Answers 2024 • Industrial Control System (ICS) - Correct Answer A device, or set of devices, that manages, commands, directs, or regulates the behavior of other devices or systems. ICS technology drivers - Correct Answer Reliability, efficiency, safety, and ease of use. Discrete Process - Correct Answer A process where a specified quantity of material moves as a unit between workstations and each unit maintains it's unique ident...

ndustrial Control System (ICS) - A device, or set of devices, that manages, commands, directs, or regulates the behavior of other devices or systems. ICS technology drivers - Reliability, efficiency, safety, and ease of use. Discrete Process - A process where a specified quantity of material moves as a unit between workstations and each unit maintains it's unique identity. Batch Process - A process that requires the mixing of raw materials, usually in a heated vessel. Continuous Process -...

L4M1 - CIPS: Scope and Influence of Procurement and Supply Exam Questions & Answers 2024/25 Artificial Intelligence (AI) - ANSWERSMachines that display human-like intelligence Assets - ANSWERSThe value of everything an organisation owns Audit - ANSWERSA systematic inspection of a process or procedure to assess compliance with requirements or regulations Batch Quantity - ANSWERSAmount of products produced at a time Benchmark - ANSWERSCompare an element of one business, such as pr...

the production budget - Sales budget + ending finished goods inventory - beginning finished goods inventory direct materials production budget - Production budget × direct materials per unit the direct materials purchases budget - Direct materials production budget + ending direct materials inventory - beginning direct materials inventory Cash collected from customers - (current period revenue × current period collection rate) + cash collected from previous period sales Cash payments to...