1.
What are the prerequisites for performing an accurate ABC Compile for Inventory Items using the Current on-hand value as the compile criterion?
2.
Beyond the shelf life days, active lots become expired lots. Expired lots______.
3.
ABC Company uses serial numbers for the following transactions:
1.Purchase order receipt
2. Miscellaneous receipt
3. Account alias receipt
The company wants to reuse the same serial numbers for work order completion transactions. Which setup would allow it to reuse the same serial numbers?
4.
Select the true statement about Material Status Control.
5.
An Item has its lot Control attribute set to Full Control.
The Active material status does not have any transaction types related to lot control enabled for material status control, this status is assigned to all lot numbers
associated with the item.
The subinventory where the Item's lot numbers are all located also has the Active material status.
How will the application respond when a user tries to submit a subinventory transfer transaction?
6.
After several cycle counts have been performed, the client wants to identify those items that consistently require adjustment.
Which report will help the client identify those items?
7.
What is the impact of setting the profile option INV: Override Neg for Backflush = Yes?
8.
Your client does not want to implement account alias issues or receipts. When performing setups, what should you do about the account alias flex field?
9.
You and your client determined that forecasting methods included with inventory will be sufficient to meet the client's needs.
You and the customer have decided to use Focus Forecasting to begin with and move to Exponential Smoothing after one year.
Along the way, your customer noticed some definite trends in demand and has requested your help to re-evaluate the forecasting method.
What do you recommend as a forecasting method? What additional information is needed,ifany?
10.
Two Customer Service Representatives each book a sales order for an item that is revision and lot controlled. There are no other open, active sales orders for this Item.
Each Customer Service Representative pick releases their order to the same warehouse independently. The Pick Release Rule used by both includes Auto Allocation.
On the resulting Move Orders, Inventory has allocated all the requested quantity for one of the sales orders, but only half the requested quantity on the second sales order was available to be allocated.
Using the Transact Move Orders form, which action sequence can the warehouse person use to reduce the allocation on the first Move Order so that both customer orders can be equally satisfied?