Podcast
Questions and Answers
Which of the following is the most correct cost layer granularity available in cost accounting?
Which of the following is the most correct cost layer granularity available in cost accounting?
What happens when the Print Min-Max Planning Report is run with the given parameters? Demand Cut-Off Date: 10-Sep, Current Date: 15-Sep, Demand Cut-Off Date Offset: 2.
What happens when the Print Min-Max Planning Report is run with the given parameters? Demand Cut-Off Date: 10-Sep, Current Date: 15-Sep, Demand Cut-Off Date Offset: 2.
How is the change handled on the source side when a supplier is unable to deliver goods on the promise date against a back-to-back order and pushes out the promise date on the purchase order schedule?
How is the change handled on the source side when a supplier is unable to deliver goods on the promise date against a back-to-back order and pushes out the promise date on the purchase order schedule?
What is the cost layer granularity NOT available in cost accounting?
What is the cost layer granularity NOT available in cost accounting?
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What is the Demand Cut-Off Date Offset set to in the Print Min-Max Planning Report parameters?
What is the Demand Cut-Off Date Offset set to in the Print Min-Max Planning Report parameters?
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Study Notes
Cost Layer Granularity
- Cost layer granularity refers to the level of detail at which costs are tracked and analyzed within cost accounting.
- Typical granularity options include product-level, job-level, and batch-level, among others.
- Certain cost layer granularity options may be unavailable depending on the accounting system and its settings.
Print Min-Max Planning Report
- Running the Print Min-Max Planning Report with specific parameters helps assess inventory levels against demand.
- With a Demand Cut-Off Date of 10-Sep, Current Date of 15-Sep, and Demand Cut-Off Date Offset of 2, the report evaluates demand within a specified range, accounting for recent changes.
- The Demand Cut-Off Date Offset, in this case, extends the analysis to include demand predictions beyond the specified cut-off.
Supplier Delivery Shortfalls
- When a supplier cannot meet the promised delivery date for a back-to-back order, adjustments are made on the purchase order schedule.
- The promise date is pushed out, affecting inventory planning and potentially leading to delays in the production process.
- Communication between supplier and buyer is critical in managing expectations and planning for alternative solutions.
Unavailable Cost Layer Granularity
- Not all levels of cost layer granularity are available in every accounting system, which can restrict the depth of cost analysis.
- Specific types of granularity, such as sub-batch or transaction-level costs, may be excluded.
Demand Cut-Off Date Offset
- The Demand Cut-Off Date Offset parameter determines the forecast horizon for demand analysis in inventory reports.
- In this instance, the offset is set to 2, meaning the report considers demand forecasts extending two days beyond the cut-off date.
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Description
This quiz tests your knowledge of cost layer granularity in cost accounting and the parameters in the Print Min-Max Planning Report. Get ready to challenge yourself with questions about item, lot, serial, subinventory, locator, and grade. Let's see how well you know these concepts!
