You are implementing the inventory module for XYZ Shoe Manufacturing Company (XYZ).
XYZ wants to identify the finished goods (FG) items based on two major item characteristics: shoe size and color. The company wants to capture all the FG item descriptions with these two characteristics. Which feature is used to capture the item characteristics and control it in the item description?
A. Categories
B. Item catalogs
C. Item key flexfield
D. Item descriptive flexfield
E. Category Set and Categories
When you view Item Supply and Demand Information on the Supply/Demand Detail form, Available Quantity is _________.
A. the quantity on hand
B. the nettable quantity on hand
C. the reservable quantity on hand
D. the projected on-hand quantity of the item, defined as: (all future sources of supply) – (all future sources of demand)
E. the projected on-hand quantity of the item, defined as: (current available) + (all future sources of supply) – (all future sources of demand)
What is true about α (alpha) in the Exponential Smoothing Forecast (ESF) method?
A. α (alpha) equals the old forecast.
B. α (alpha) is always greater than one.
C. α (alpha) is calculated by Oracle Inventory.
D. α (alpha) is multiplied by the forecast error to determine the adjustment.
E. α (alpha) equals the old forecast plus a portion of the forecast error from the previous period.
An Inventory organization can be defined as a facility where you can store and transact items. They can be either physical or logical entities.
Select four common inventory organizations. (Choose four.)
A. Office Site
B. Item Master
C. Warehouse
D. Inspection Dock
E. Distribution Center
F. Manufacturing Site
G. Human Resources
H. Receiving Location
The Available to Promise (ATP) algorithm uses three time fences.
They are Past Due Supply, Past Due Demand, and _____.
A. Finite Supply Time
B. Infinite Supply Time
C. Planning Horizon Time
D. User-Defined Lead Time
E. Accumulative Lead Time
Select one accurate and comprehensive description of the content scope of an ABC Compile.
A. performed at the inventory organization level only
B. performed at the individual subinventory level only
C. performed at the inventory organization or individual subinventory level
D. performed at the individual subinventory level with a choice to include the same items from all subinventories in the organization
Which two statements are true regarding Inventory replenishment methods? (Choose two.)
A. Kanban replenishment signals are manual.
B. Kanban replenishment signals are automatic.
C. Reorder point planning can be performed at the subinventory level.
D. Min-max planning considers lead time and is not based on demand projections.
E. Replenishment counting enables you to perform counts for nontracked subinventories, and then direct Inventory to check these counts against the minimum quantities that you have specified.
The Copy Lot Attributes checkbox is enabled at the organization item level. Which two statements are true? (Choose two.)
A. This feature is specific to child lots.
B. This feature is specific to parent lots.
C. Lot attributes are copied between child lots.
D. Parent lot inherits the lot attributes of the child.
E. Child lots inherit the attributes of the parent lot.
F. Lot attributes are copied from parent to parent lot.
G. The feature is applicable to both child and parent lots.
H. Lot attributes are copied from the child to the parent lot.
Company XYZ has portable bar code readers that are used to scan and read data regarding the amount of time charged on a resource that has been utilized on the manufacturing floor.
This data about utilization is then processed in the Oracle Work in Process module by using a _____.
A. concurrent manager
B. cost transaction manager
C. move transaction manager
D. material transaction manager
E. lot move transaction manager
You are defining the staging subinventory for your sales order pick release rule.
Which flag should be enabled (checked) for the rule to work properly?
A. Nettable
B. Depreciable
C. Locator Alias
D. Asset Subinventory
E. Allow Reservations
F. PAR (Periodic Automatic Replenishment) Level Planning
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