WGU OPS MANAGEMENT C215 CUSTOM GLOSSARY FOR CHAPTERS 5, 6, 9, 3, 10, 11, 7, 15, 4, 12, 13, 14 STUDY GUIDE WITH COMPLETE SOLUTION!!

WGU OPS MANAGEMENT C215 CUSTOM GLOSSARY
FOR CHAPTERS 5, 6, 9, 3, 10, 11, 7, 15, 4, 12, 13, 14 STUDY
GUIDE WITH COMPLETE SOLUTION!!
activity-on-node

answers: network diagramming notation that places activities in the nodes and
arrows to signify precedence relationships

advertising revenue model



answers: provides users with information on services and products and provides
an opportunity for suppliers to advertise

affiliate revenue model



answers: companies receive a referral fee for directing business to an affiliate

aggregate plan



answers: includes the budgeted levels of finished products, inventory, backlogs,
workforce size, and aggregate production rate needed to support the marketing
plan

ALDEP and CRAFT



answers: computer software packages for designing process layouts

allowance factor



answers: the amount of time the analyst allows for personal time, fatigue, and
unavoidable delays

,alternative workplace



answers: brings work to the worker rather than the worker to the workplace

anticipation inventory



answers: inventory built in anticipation of future demand

application service provider (ASP)



answers: sets up and runs ERP systems

appraisal costs



answers: costs incurred in the process of uncovering defects

assemble-to-order strategy



answers: produces standard components that can be combined to customer
specifications

assignable causes of variation



answers: causes that can be identified and eliminated

automated order entry system



answers: "a method using telephone models to send digital orders

to suppliers"

,answers:

back orders



answers: unfilled customer orders

backward scheduling



answers: starts with the due date for an order and works backward to determine
the start date for each activity

backward scheduling



answers: scheduling method that determines when the job must be started to be
done on the due date

batch process



answers: a type of process used to produce a small quantity of products in groups
or batches based on customer orders or specifications

behavioral feasibility



answers: degree to which the job is intrinsically satisfying to the employee

benchmarking



answers: studying the business practices of other companies for purposes of
comparison

, best operating level



answers: "the volume of output that results in the lowest average

unit cost"



answers:

beta probability distribution



answers: typically represents project activities

bill of material (BOM)



answers: lists all the subassemblies, component parts, and raw materials that go
into an end item and shows the usage quantity of each required

block plan



answers: schematic showing the placement of resources in a facility

bottleneck



answers: longest task in the process

break-even analysis



answers: technique used to compute the amount of goods that must be sold just to
cover costs