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1. Which three statements are true regarding Managing Units of Measure? (Choose three.)
A) A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
B) If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must also define conversions between the base units of measure of the different UOM classes.
C) You must define a unit of measure class with a base unit of measure.
D) Non-standard, intraclass conversion rates can't be item specific.
E) A unit of measure conversion is a mathematical relationship between two different units of measure.
2. A major distributor experiences difficulty in establishing an inventory replenishment methodology. Which segmentation approach is not possible with Replenishment Planning?
A) to group items based on item attributes for the product and customer dimensions and then assign a replenishment policy to each group
B) to group items based on user-defined attributes and then assign a replenishment policy to each group
C) to group items based on similar global consumption levels and then assign a replenishment policy to each group
D) to group items based on similar consumption levels by warehouse and then assign a replenishment policy to each group
3. During implementation, the customer would like to use safety stock planning parameters. However, they would like to uncheck "Safety stock change interval to all items." What will the results be if they choose to uncheck this parameter?
A) Safety stock change interval will only apply to items with Days of Cover safety stock method.
B) This option will require a min/max quantity for this parameter even though it will not be used.
C) Safety stock will use a smoothing method to calculate the safety stock within change interval to determine the level of safety stock needed without this parameter.
D) Safety stock will not be calculated at all for this plan.
4. Which is the proper fulfillment strategy to plan for supply using the appropriate lead times required for processing material at a third party, based on the manufacturing work definition?
A) drop shipments
B) contract manufacturing
C) outside processing operations
D) expense destination transfers
E) back-to-back orders
5. When creating a new replenishment plan, what are the required plan options?
A) Segment Group. Segments. Policy Assignment Set
B) Segment Group. Segments. Inventory Policies. Policy Assignment Set
C) Segment Group. Inventory Policies. Policy Assignment Set
D) Segment Group. Segments. Inventory Policies
Solutions:
| Question # 1 Answer: B,C,E | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |
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