WGU C954 V8 Ch 9 Exam Questions and Answers | 100% Guaranteed Pass | 2026

WGU C954 V8 Ch 9 Exam Questions and Answers | 100% Guaranteed Pass | 2026 Asset management - answer-A systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). What is batch processing? - answer-A form of data processing where business transactions are accumulated over a period of time. How are transactions processed in a batch processing system? - answer-As a single unit or batch. best practices - answer-The ways to complete a business process that are efficient, effective, and legal. What does CAD stand for? - answer-Computer-Aided Design What is the purpose of CAD software? - answer-To assist in the creation, analysis, and modification of the design of a component or product. computer-aided engineering (CAE) - answer-The use of software to analyze the robustness and performance of components and assemblies. What does CAM stand for? - answer-Computer-Aided ManufacturingWhat is the purpose of computer-aided manufacturing? - answer-To use software to control machine tools and related machinery in the manufacture of components and products. What does CRM stand for? - answer-Customer Relationship Management What is the purpose of a CRM system? - answer-To help a company manage all aspects of customer encounters. Which aspects of customer encounters does a CRM system manage? - answer-Marketing, sales, distribution, accounting, and customer service. data collection - answer-Capturing and gathering all data necessary to complete the processing of transactions. data correction - answer-Reentering data that was not typed or scanned properly. data editing - answer-Checking data for validity and completeness to detect any problems. data processing - answer-Performing calculations and other data transformations related to business transactions. data storage - answer-Updating one or more databases with new transactions. data streaming - answer-A form of data collection, where data is available through a continuous feed. What is an enterprise system? - answer-A system central to the organization that ensures information can be shared with authorized users.What does an enterprise system support? - answer-The running and managing of a business across all business functions and levels of management. What does OLTP stand for? - answer-Online Transaction Processing What is a key characteristic of online transaction processing (OLTP)? - answer-Each transaction is processed immediately. How does OLTP differ from batch processing? - answer-OLTP processes transactions immediately, while batch processing accumulates transactions into a batch. output production - answer-Generating output records, documents, and reports. What does PLM stand for? - answer-Product Lifecycle Management What is the purpose of Product Lifecycle Management? - answer-To support the collaborative creation, management, dissemination, and use of product and packaging definition information. What type of strategy is Product Lifecycle Management? - answer-An enterprise business strategy What does PLM create for product information? - answer-A common repository What is product lifecycle management software? - answer-Software that provides a means for managing the data and processes associated with the various phases of the product lifecycle. What phases of the product lifecycle does product lifecycle management software manage? - answer-Sales and marketing, research and development, concept development, product design, prototyping and testing, process design, production and assembly, delivery and product installation, service and support, and product retirement and replacement.