Operations mgmt - Study guides, Class notes & Summaries

(WGU C215) MGMT 6020 Operations Management Pre-Assessment Guide Q & A 2024(WGU C215) MGMT 6020 Operations Management Pre-Assessment Guide Q & A 2024(WGU C215) MGMT 6020 Operations Management Pre-Assessment Guide Q & A 2024

MGMT 3013 EXAM 2 question and answers rated A+ passedplanning - correct answer setting goals and deciding how to achieve them business plan - correct answer A document that outlines a proposed firm's goals, the strategy for achieving them, and the standards for measuring success business model - correct answer outlines the need the firm will fill, the operations of the business, its components and functions as well as the expected revenues and expenses. strategy - correct answer a larg...

AIPMM- CPM EXAM 2023-2024 QUESTIONS AND CORRECT ANSWERS(VERIFIED ANSWERS) Product Management - Answer process of conceiving, planning, developing, testing, launching, delivery and withdrawing products in the market. PMF - Product Management Framework - Answer Product lifecycle (Product Development + Commercialization) stages plus their phases and gates. PMF Benefits (5) - Answer 1. define common language 2. provides standards for launching a products in each phase 3. allows product ...

AIPMM Product Management Certification (2022/2023) Already Passed Product Management process of conceiving, planning, developing, testing, launching, delivery and withdrawing products in the market. PMF - Product Management Framework Product lifecycle (Product Development + Commercialization) stages plus their phases and gates. PMF Benefits (5) 1. define common language 2. provides standards for launching a products in each phase 3. allows product teams to develop and communicate mutual produc...

Risk - Answer- the uncertainty about outcomes, with the possibility that some of the outcomes can be negative. Quantified by knowing the probability of the possible outcomes Probability - Answer- the likelihood that an outcome or event will occur. Probabilities are stated as a decimal figure, a percentage, or a fraction. What are the 2 elements associated with risk? - Answer- uncertainty of outcome + possibility of negative outcome Pure Risk - Answer- a chance of loss or no loss, but no...

C215 WGU Operations Mgmt.- Post Exam Questions and Answers | Already Graded A+| Updated| 2023|2024 Demand-Based Options - correct answer includes two reactive options and one proactive option Reactive option - correct answer the operations department uses inventories and back orders to react to demand fluctuations Proactive option - correct answer marketing tries to shift the demand patterns to minimize demand fluctuations Capacity-Based Options - correct answer changes output capacity ...

C215 WGU Operations Mgmt.- Post Exam Questions and Answers | Already Graded A+| Updated| 2023|2024 Demand-Based Options - correct answer includes two reactive options and one proactive option Reactive option - correct answer the operations department uses inventories and back orders to react to demand fluctuations Proactive option - correct answer marketing tries to shift the demand patterns to minimize demand fluctuations Capacity-Based Options - correct answer changes output capacity ...

Operations Management - The science and art of ensuring that goods and services are created and delivered successfully to customers. It includes: 1) The design of goods, services, and the processes that create them. 2) The day-to-day management of those processes. 3) Continual improvement of these goods, services, and processes. Three Issues of OM (Operations Management) Operations Management: 1) Efficiency: how well resources are used in creating output. 2) Cost: the cos...

(WGU C215) MGMT 6020 Operations Management Pre-Assessment Guide Q & A 2024.(WGU C215) MGMT 6020 Operations Management Pre-Assessment Guide Q & A 2024.(WGU C215) MGMT 6020 Operations Management Pre-Assessment Guide Q & A 2024.

C215 WGU Operations Mgmt Questions and answers latest update 2024