P02 - Managing Parts Using Stockrooms

10 Questions | Total Attempts: 592

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P02 - Managing Parts Using Stockrooms

Questions and Answers
  • 1. 
    The Vendor's tab of an Inventory Part stores the Stock Room(s)s where the selected Part is located.
    • A. 

      True

    • B. 

      False

  • 2. 
    Parts do not have to be located in a single Stock Room; multiple Stock Rooms can be associated
    • A. 

      True

    • B. 

      False

  • 3. 
    Which tab on a Part gives quick access to Quantity and Cost information?
    • A. 

      Details

    • B. 

      Locations

    • C. 

      Vendors

    • D. 

      Related Info

  • 4. 
    When Reorder Points are established for Stock Rooms, any Inventory that hits at or below the Reorder Point will appear how?
    • A. 

      Bold Green

    • B. 

      Italics Orange

    • C. 

      Bold and Italics Red

  • 5. 
    Inventory that is typically not kept in stock is what kind of Inventory?
    • A. 

      Direct Issue

    • B. 

      Stock

    • C. 

      Out-of-Stock

    • D. 

      Rotating

  • 6. 
    There are two different types of Inventory that are stored in MC: Direct Issue Parts, and Stocked Items.
    • A. 

      True

    • B. 

      False

  • 7. 
    Which Inventory field is considered a guide for the maximum number of items to purchase? (This will not stop someone from ordering over that amount, but is to be used as a reference) 
    • A. 

      Maximum Point

    • B. 

      Reorder Point

    • C. 

      Reorder Quantity

    • D. 

      Required for Auto-Order

  • 8. 
    If the “average” costing method is being used, you can enter an initial value to use until historical records can be calculated. The average cost (per order unit) will be calculated by Maintenance Connection based on the average of all Purchase Orders completed for this stock room.
    • A. 

      True

    • B. 

      False

  • 9. 
    A Rotating Item is essentially what in Maintenance Connection?
    • A. 

      A Vendor

    • B. 

      An Asset

    • C. 

      A Work Order

    • D. 

      A Repair Center

  • 10. 
    When setting up a Rotating Part, which field SHOULD BE unique?
    • A. 

      Serial Number

    • B. 

      Name

    • C. 

      ID

    • D. 

      Classification

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