Oracle EBS R12 Inventory and Order Management Fundamentals Set 1

1.

ACME is implementing Inventory in a make-to-order manufacturing environment, where there is on-hand inventory for 200 different motors. For these purchasable items, given the proper profile setup, Min-max can automatically create _____.

an expense account an encumbrance account an invoice price variance account an inventory Accounts Payable accrual account records in the Purchase Order Requisition interface table

2.

The client wants to implement reorder point planning for some items in the organization. They currently use min-max planning. What is the minimum amount of information that needs to be changed on the items the client wants to plan?

Safety Stock Quantity and Forecast Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost,and Order Cost Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost,Order Cost, and Maximum Order Quantity Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost,Order Cost, and Minimum Order Quantity

3.

Your customer decided to use min-max planning for some items in specific subinventories. You caution him not to include too many customer orders when he runs the report.What option do you suggest that he include?

Supply Cutoff Date Demand Cutoff Date Supply and Demand Cutoff Dates Material Requirement Planning (MRP) Advanced Supply Chain Planning (ASCP)

4.

ACME is implementing Inventory in a Process Manufacturing environment. The default profile for the min-max planning report is deployed. What will be the result?

Requisitions will be pre-approved. Users must approve requisitions for items that have a limited shelf life. Users must approve requisitions for items with a Material Safety Data Sheet (MSDS). Users must approve requisitions that are inside the items Past Due Supply time fence. Users must approve requisitions when the quantity exceeds the item's Economic Order Quantity (EOQ).

5.

What is the significance of the Shrinkage Rate item attribute?

The expected reduction in demand within the planning fence The average loss of material during manufacturing or storage The expected decrease in the rate of production of units during manufacturing The expected percentage (%) loss of quality of an item during the manufacturing process or storage

6.

Which is the best method for replenishing free stock items that are stored on the production floor, or office supplies kept in departmental cabinets?

Cycle counting Min-max planning Replenishment counting Economic Order Quantity (EOQ) Enabling the Bulk Picked item master attribute

7.

Available to Promise (ATP) checking can be specified _____.

at the component level as a function of unconsumed forecast as a function of forward unconsumed forecast only for finished goods at the subinventory level as a function of backward unconsumed forecast

8.

How many distinct ABC Compile Names can exist at a given time in an inventory organization?

an unlimited number of names only one for each subinventory only one per inventory organization one for each subinventory and one for each inventory organization

9.

Select one accurate and comprehensive description of the content scope of an ABC CompilE.

performed at the inventory organization level only performed at the individual subinventory level only performed at the inventory organization or individual subinventory level performed at the individual subinventory level with a choice to include the same items from allsubinventories in the organization

10.

What is the purpose of the Physical Inventory Snapshot?

to permit the entry of inventory transactions to prevent the entry of inventory transactions to provide the opening balance value for the fiscal period. to provide the baseline for comparison of physical count quantities against system onhand quantities. Approve or reject Physical Inventory adjustments based on approval tolerances.

Oracle EBS R12 Inventory and Order Management Fundamentals Set 1

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Oracle EBS R12 Inventory and Order Management Fundamentals Set 1

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