WGU C720 Complete OA Prep
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Inputs - 🧠 ANSWER ✔✔People, capital, material, money
Outputs - 🧠 ANSWER ✔✔Services and goods
Sustainability - 🧠 ANSWER ✔✔Defined broadly in operations and supply
chain management as the ethical issues an organization faces to balance
financial performance while maintaining social responsibility standards and
a responsible environmental profile.
,VIRAL - 🧠 ANSWER ✔✔Acronym - A framework for competitive advantage.
Viral, Inimitable, Rare, Aptitude, Lifespan.
The advantage must provide Value to consumers; it should be Inimitable
(not easily imitated), Rare, and an organization must have the Aptitude
(capability) and Lifespan (sustainability) to earn appropriate returns on the
advantage.
Productivity - 🧠 ANSWER ✔✔A mathematical calculation; it is the ratio of
the outputs achieved divided by the inputs consumed to achieve those
outputs.
6 Types of Inventory - 🧠 ANSWER ✔✔o Raw Materials
o Work In Progress
o Finished Goods
o Replacement Parts Inventory
o Supplies
o Transportation
,Raw Materials - 🧠 ANSWER ✔✔These parts and materials are obtained
from suppliers and are used in the production process.
Work-in-process (WIP) - 🧠 ANSWER ✔✔These are partly finished parts,
components, sub-assemblies, or modules.
Finished Goods - 🧠 ANSWER ✔✔Items are ready to ship to the customer.
No more work is required.
Replacement parts inventory - 🧠 ANSWER ✔✔These are maintained to
replace other parts in machinery or equipment as those parts wear out
Supplies - 🧠 ANSWER ✔✔Parts or materials are used to support the
production process but not usually a component of the product. These
items, such as lubricant and cutting tools, are consumed in the production
process.
Transportation (pipeline): - 🧠 ANSWER ✔✔The portion of inventory that is
in the process of being shipped through the distribution system.
4 Types of Demand - 🧠 ANSWER ✔✔o Peak
o Seasonal
o Unexpected
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Peak Demand - 🧠 ANSWER ✔✔Demand which occurs in response to
planned events such as advertising, publicity or promotion. The release of
a popular game franchise's latest version often causes peak demand for a
few days or weeks.
Seasonal Demand - 🧠 ANSWER ✔✔Demand as shoppers adjust their
purchase velocity in line with holidays, especially Christmas. But
Halloween, Thanksgiving and even St. Patrick's Day also create seasonal
demand for certain kinds of merchandise.
Unexpected Demand - 🧠 ANSWER ✔✔Demand which occurs due to a
usually-unexpected event. For example, an underdog school may upset a
favorite during the NCAA's basketball tournament, causing a run on their
merchandise.
Chase Demand - 🧠 ANSWER ✔✔Demand that occurs when a company
has to adjust production by rates to match demand by varying the
workforce and using overtime. Companies vary the workforce by adding or
reducing the number of employees on duty at any given time. And they
Guide 2026 Expert Verified | Ace
the Test
Inputs - 🧠 ANSWER ✔✔People, capital, material, money
Outputs - 🧠 ANSWER ✔✔Services and goods
Sustainability - 🧠 ANSWER ✔✔Defined broadly in operations and supply
chain management as the ethical issues an organization faces to balance
financial performance while maintaining social responsibility standards and
a responsible environmental profile.
,VIRAL - 🧠 ANSWER ✔✔Acronym - A framework for competitive advantage.
Viral, Inimitable, Rare, Aptitude, Lifespan.
The advantage must provide Value to consumers; it should be Inimitable
(not easily imitated), Rare, and an organization must have the Aptitude
(capability) and Lifespan (sustainability) to earn appropriate returns on the
advantage.
Productivity - 🧠 ANSWER ✔✔A mathematical calculation; it is the ratio of
the outputs achieved divided by the inputs consumed to achieve those
outputs.
6 Types of Inventory - 🧠 ANSWER ✔✔o Raw Materials
o Work In Progress
o Finished Goods
o Replacement Parts Inventory
o Supplies
o Transportation
,Raw Materials - 🧠 ANSWER ✔✔These parts and materials are obtained
from suppliers and are used in the production process.
Work-in-process (WIP) - 🧠 ANSWER ✔✔These are partly finished parts,
components, sub-assemblies, or modules.
Finished Goods - 🧠 ANSWER ✔✔Items are ready to ship to the customer.
No more work is required.
Replacement parts inventory - 🧠 ANSWER ✔✔These are maintained to
replace other parts in machinery or equipment as those parts wear out
Supplies - 🧠 ANSWER ✔✔Parts or materials are used to support the
production process but not usually a component of the product. These
items, such as lubricant and cutting tools, are consumed in the production
process.
Transportation (pipeline): - 🧠 ANSWER ✔✔The portion of inventory that is
in the process of being shipped through the distribution system.
4 Types of Demand - 🧠 ANSWER ✔✔o Peak
o Seasonal
o Unexpected
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2026. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
, o Chase
Peak Demand - 🧠 ANSWER ✔✔Demand which occurs in response to
planned events such as advertising, publicity or promotion. The release of
a popular game franchise's latest version often causes peak demand for a
few days or weeks.
Seasonal Demand - 🧠 ANSWER ✔✔Demand as shoppers adjust their
purchase velocity in line with holidays, especially Christmas. But
Halloween, Thanksgiving and even St. Patrick's Day also create seasonal
demand for certain kinds of merchandise.
Unexpected Demand - 🧠 ANSWER ✔✔Demand which occurs due to a
usually-unexpected event. For example, an underdog school may upset a
favorite during the NCAA's basketball tournament, causing a run on their
merchandise.
Chase Demand - 🧠 ANSWER ✔✔Demand that occurs when a company
has to adjust production by rates to match demand by varying the
workforce and using overtime. Companies vary the workforce by adding or
reducing the number of employees on duty at any given time. And they
