7/21/25, 2:20 AM WGU C723 Quantitative Analysis for Business
WGU C723 Quantitative Analysis for Business |
PA and OA | Study Guide & Study tips | 2025
New Update | 100% Guaranteed Success.
Correct 114
Incorrect
WGU C723 Quantitative Analysis for Business
114 Correct terms
Questions and answers
Early Start Time: add ES to duration (forward pass)
Late Time (backward pass) latest start time minus the
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,7/21/25, 2:21 AM
Decision Node Dumb Node
Fork Node Activity Node
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2 of 114
Definition
Implement the decision
- do what you decided, ie sign the lease, relocate the building...
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Decision Making: Step 7 Decision Making: Step 8
Decision Making: Step 4 Decision Making: Step 5
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3 of 114
Definition
(upper case letters = yearly, smaller case letters =daily)
-Rate of production has to be greater than the demand
,7/21/25, 2:21 AM
= square root : (2 DCR/ H * (R-D)
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Computer Integrated Manufacturing
Inventory
(cim)
Computer Aided Manufacturing Economic Production Quantity
(cam) (EPQ)
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4 of 114
Definition
Graph showing the percentage of occurrence in each category for
qualitative data
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Line Chart Scatter Chart
Pie Chart Bar Chart
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, 7/21/25, 2:21 AM
5 of 114
Term
Decision Making: Step 3
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Identify the problem
Evaluate the decision
-focus on the problem not the
-what should you do different, what
symptoms, all parties agree to the
worked well
problem statement
Implement the decision
Weigh the decision criteria
- do what you decided, ie sign the
-need to equal 100%
lease, relocate the building...
Don't know?
6 of 114
Definition
= a weighted average of all possible outcomes with the weights being
their probability of occurring
= the SUM of all possible outcomes multiplied by their probability
occurrence
EV = P1V1 + P2V2 + P3V3 + ... PnVn
WGU C723 Quantitative Analysis for Business |
PA and OA | Study Guide & Study tips | 2025
New Update | 100% Guaranteed Success.
Correct 114
Incorrect
WGU C723 Quantitative Analysis for Business
114 Correct terms
Questions and answers
Early Start Time: add ES to duration (forward pass)
Late Time (backward pass) latest start time minus the
Give this one a go later!
,7/21/25, 2:21 AM
Decision Node Dumb Node
Fork Node Activity Node
Don't know?
2 of 114
Definition
Implement the decision
- do what you decided, ie sign the lease, relocate the building...
Give this one a go later!
Decision Making: Step 7 Decision Making: Step 8
Decision Making: Step 4 Decision Making: Step 5
Don't know?
3 of 114
Definition
(upper case letters = yearly, smaller case letters =daily)
-Rate of production has to be greater than the demand
,7/21/25, 2:21 AM
= square root : (2 DCR/ H * (R-D)
Give this one a go later!
Computer Integrated Manufacturing
Inventory
(cim)
Computer Aided Manufacturing Economic Production Quantity
(cam) (EPQ)
Don't know?
4 of 114
Definition
Graph showing the percentage of occurrence in each category for
qualitative data
Give this one a go later!
Line Chart Scatter Chart
Pie Chart Bar Chart
Don't know?
, 7/21/25, 2:21 AM
5 of 114
Term
Decision Making: Step 3
Give this one a go later!
Identify the problem
Evaluate the decision
-focus on the problem not the
-what should you do different, what
symptoms, all parties agree to the
worked well
problem statement
Implement the decision
Weigh the decision criteria
- do what you decided, ie sign the
-need to equal 100%
lease, relocate the building...
Don't know?
6 of 114
Definition
= a weighted average of all possible outcomes with the weights being
their probability of occurring
= the SUM of all possible outcomes multiplied by their probability
occurrence
EV = P1V1 + P2V2 + P3V3 + ... PnVn
