Inventory - Oracle Module

On which tab do you define mix-max planning attributes for an item?

• Specifications tab

• Categories tab

• Associations tab

• Structures tab

How can you classify your items as High Value (HV), Medium Value (MV), and Low Value (LV)?

• Customize the application.

• Set the item description accordingly.

• Set ABC classes as per the business need.

• Create ABC assignment groups.

What are transfer orders?

• They are the same as subinventory transfers.

• They transfer inventory for interorganization, intraorganization, and intercompany flows. You can transfer material to inventory destinations or expense destinations.

• They include only receipt routing transactions.

• They are used to transfer material between subinventories or between two locators within the same subinventory in your current organization.

What is the minimum number of subinventories that should be defined for each inventory organization?

• Two

• Zero

• Three or more

• One

What is the objective of creating ABC classes?

• To identify the value groupings to which your items belong

• To arrange items in decreasing order based on the defined criteria

• To define the counting frequency of items

• To arrange items in increasing order based on the defined criteria

What does available quantity mean?

• The quantity on hand plus all reservations for the item

• The quantity on hand except all reservations for the item

• The quantity on hand

• The quantities of items that have reservations available

What are the types of subinventories available? (Choose two)

• Locator subinventories

• Storage subinventories

• Receiving subinventories

• Work Area subinventories

Which types of transfers are supported by transfer order? (Choose three)

• Intercompany

• Consignment

• Drop Ship

• Intraorganization

• Interorganization

Which attribute is required at the item level to add an item to a cycle count?

• No special setup is needed.

• You must set the item's ABC classification.

• You must set the item's Cycle Count Enabled attribute to Yes.

• You must set the item's cycle count frequency.

A cost organization can support more than one inventory organization.

• TRUE

• FALSE