Oracle Inventory Management 11i Fundamentals Set 2

Question - 15 Maximum mark : - 31

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Oracle Inventory Management 11i Fundamentals Set 2

Min-max planning can be used _____.

in MRP/MPS (Material Requirement Planning / Master Production Schedule ) calculations ✘ in place of MRP/MPS planning ✘ in Exponential Smoothing Forecast calculations ✘ in EOQ (Economic Order Quantity) calculations ✔ only at the sub-inventory level ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

A customer produces stents at several factories that are set up as inventory organizations. The company needs the ability to uniquely identify each stent and know which factory produced it. Regulations require that each stent be identified by 16-characters. What would you do to meet this requirement?

Use lot control, by using the prefix for the factory, and total length of 15 characters. Set Uniqueness to None. ✘ Set up serial control, by using the prefix for the factory, and a starting serial number of 16 characters. Set Uniqueness to Across Organizations. ✘ Set up serial control, by using the prefix for the factory, and a starting serial number of 15 characters. Set Uniqueness to Across Organizations. ✘ Use lot control, by using the prefix for the factory, and total length of 16 characters. Set Uniqueness to None. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

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

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

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

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 with a choice to include the same items from all subinventories in the organization ✘ performed at the inventory organization or individual subinventory level ✘ performed at the individual subinventory level only ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

Your client wants to implement re-order point planning for some of the 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 customer wishes to plan?

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

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

Certpaper.com is a manufacturing organization. All its new manufacturing items need to be defined in Oracle Engineering. After ECO approval, the item will be transferred to Oracle Manufacturing for regular manufacturing. The R&D department defined 10 new inventory items in Oracle Engineering. The items have not been transacted yet, and have not been assigned to any child organization. Item names need to be changed to begin with the prefix "SL". What should you do?

Ignore the 10 existing items, and define another 10 new items, with the correct prefix. ✘ Disable the existing 10 items with item status "Inactive" and define new items with the prefix "SL". ✘ Delete the items by clicking the red X on the master-item form, and define the new items with the prefix "SL". ✘ Change the setup at the user profile level and rename the items with the prefix with "SL". ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

You have specified cycle count variance approval tolerances for your cycle count. You have also set the Approval Required option in your cycle count to "If out of tolerance". If the actual cycle count quantity entered for your item falls within the approval tolerance specified, Oracle Inventory _____.

automatically approves and posts the cycle count adjustment ✘ holds the cycle count adjustment for a recount and does not post the adjustment ✘ holds the cycle count adjustment for approval and posts it after approval ✘ automatically approves but does not post the cycle count adjustment ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

You are creating an interorganization transfer. The standard shipping lead time defined for the transfer is 14 days. You want to move the inventory from the source and put it in Intransit. You made a mistake and did not choose the option to have Intransit Inventory. When you initiate the process for interorganization transfer, what is the most likely result of the transaction?

You will get an error for the transaction, because it violates referential integrity. ✘ The inventory will not be moved from the source organization, because there is a lead time of 14 days defined. ✘ The inventory will be moved from the source organization, but it will be moved directly to the destination organization. ✘ The inventory will be moved from the source organization, but it will be moved to intransit inventory, because there is a lead time of 14 days defined. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

Certpaper.com has a factory that is set up as an inventory organization with several subinventories. Each of the subinventories has locators. The factory purchases material using a purchase order. The person who receives the purchase order does not know which subinventory and locator the material needs to go to. ABC wants the subinventory and locator to be automatically populated for that item. Which option would solve the problem?

Populate the supply subinventory and locator fields on the Item Master record for the purchased item. ✘ Populate the completion subinventory and locator on the routing for that item. ✘ Use the restrict subinventory and restrict locator flag on the Item Master record of that item. ✘ Use the Item Transactions Default form to create default subinventory and locators for the purchased item. ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

10.

At what level can you generate cycle count requests and perform cycle counting under a single cycle count name?

3 only ✘ 1 only ✘ 1 or 2 or 3 ✘ 2 only ✔

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Answer & Solution

Answer: Option B

Solution:

It provides fallback for IE8.

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Oracle Inventory Management 11i Fundamentals Set 2

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