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Chap. 7 Inventory and warehouse management process
Terms in this set (18)
Which of the following statements about the goods receipt step are NOT true?
It results in a decrease in inventory
The key organizational level associated with inventory management is
When do unplanned receipts occur?
When a reference document does not exist
In the production process, a goods issue reflects
Issuing raw materials or semi finished goods to a production order
Which of the following scenarios requires material-to-material posting?
Changing the material number of a material
What is a stock transfer used for?
To physically move materials within the enterprise from one organizational level or location to another
Which of the following options is appropriate when two locations are physically close to each other and there is no significant time lag between issue and receipt?
One step procedure
A storage location-to-storage location transfer involves which of the following?
A stock transfer between two storage locations within the same plant
Which of the following represents the hierarchy of a warehouse?
Warehouse, storage type, storage section, storage bin
Shelf storage, pallet storage, and rack storage are examples of
A storage type is a division of a warehouse based on the characteristics of the
Space, materials, and activity.
A picking area groups which of the following elements?
Storage bins, based on similar picking strategies
Shelves, stacks, and aisles are examples of
Coordinate systems for addresses.
Which of the following represents the document used to plan the movement of materials into and out of bins in a warehouse?
Which of the following is a request to change the status of the material?
Posting change notice
When creating a transfer order, you find that a particular material has to be moved from multiple source bins. Which of the following statements follows from this scenario?
The transfer order will have multiple line items for the material.
The ERP system can create transfer orders automatically, but only when
A reference document exists
Warehouse management is typically used
By organizations that have either large quantities of materials or an expensive inventory.
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