I suppose there are a number of ways to do this, but I find an SQL View to be about the easiest. Start an interactive SQL session (STRSQL) and type something like this:
CREATE VIEW mylib/myview (NUMBER, WADOCO, WATRDJ, WAITM <whatever fields you want from the F4801> AS
SELECT DIGITS(WADOCO), WADOCO, WATRDJ, WAITM <your fields here> FROM F4801 <optionally put a WHERE clause here to limit the data your World Writer is going to have to deal with>
When you press enter, the system will respond with a message telling you the view has been created. If you like do a SELECT * FROM mylib/myview, and you'll see that the first column is the work order number converted to an 8 character alpha field by the DIGITS function.
Now you can create your World Writer using the F4311 and myview, joining PDSBL to NUMBER.
If you need to get rid of the view and recreate it the syntax is DROP VIEW mylib/myview.