Manage Issues, Transfers And Returns (Inventory Usage)

10 Questions | Total Attempts: 172

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Manage Issues, Transfers And Returns (Inventory Usage)

Questions and Answers
  • 1. 
    Where can you find the Add/Modify Reservation function?
    • A. 

      Inventory application > Select Action menu

    • B. 

      Item Master application > Go To menu

    • C. 

      Item Request application > Select Action menu

    • D. 

      Contracts application > Select Action menu

  • 2. 
    Which tasks are done in the Inventory Usage application?  Check all that apply.
    • A. 

      Issues

    • B. 

      Cycle Counts

    • C. 

      Transfers

    • D. 

      Returns

    • E. 

      View Availability

    • F. 

      Item Requests

    • G. 

      Price Lookups

  • 3. 
    True or False?  A hard reservation is a reservation for an item needed in a specific timeframe.
    • A. 

      True

    • B. 

      False

  • 4. 
    Why is updating the Inventory Usage status important to do?
    • A. 

      It provides an accurate inventory count

    • B. 

      It releases staged items

    • C. 

      To change usage status

    • D. 

      To issue released POs

  • 5. 
    If you are transferring an item through the Freight Forwarder, does the Inspection Required? check box need to be checked?
    • A. 

      Yes

    • B. 

      No

    • C. 

      Only if it is transferred by boat

  • 6. 
    What is the status of a transfer that is ready to be shipped to the rig?
    • A. 

      Staged

    • B. 

      Pending

    • C. 

      Shipped

    • D. 

      Entered

  • 7. 
    If you are retuning an item that was transferred, where do you set the storeroom where you are returning the item?
    • A. 

      To Storeroom field

    • B. 

      From Storeroom field

    • C. 

      Change Status window

    • D. 

      List tab

  • 8. 
    Why is tracking returns so important to our operations?
    • A. 

      To make sure we have accurate counts

    • B. 

      To use the Inventory Usage application

    • C. 

      To know when inventory is getting low on an item

    • D. 

      To improve rig operating efficiency

  • 9. 
    Where can you find the Inventory Usage application
    • A. 

      Go To menu > Inventory > Inventory

    • B. 

      Go To menu > Inventory > Inventory Usage

    • C. 

      Go To menu > Inventory > Item Master

    • D. 

      Go To menu > Purchasing > Inventory Usage

  • 10. 
    True or False?  A soft reservation is a reservation for an item that does not have a specific timeframe for it to get issued or used.
    • A. 

      True

    • B. 

      False

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