One small topic, 10 questions on Rotating Items:
Q1 – All these descriptions are true, to some extent, but which is the best description of a rotating item?
A – An inventory item where the balance in the storeroom is tracked individually as serialised assets.
B – An inventory item with moving parts that rotate around an axis, for example a pump.
C – An item which is used as a template for locations and assets.
D – Inventory stock, which is tracked to operating locations, repair shops and back into inventory – rotating stock.
Q2 – What item types can be set to be rotating?
Q3 – Why is the “Rotating?” field on the Item Master application enterable for some non-rotating items but not for others?
Q4 – When can you change a rotating item to become a non-rotating item?
A – When there are assets that are only at OBSOLETE or NOT READY status and not held in a storeroom
B – When there are no rotating assets for the item in any storeroom
C – Only when there are no assets and no locations that reference the rotating item
D – When there are only OBSOLETE assets for the item in a storeroom
Q5 – What three changes can be made to an asset when using the Change Item Number action in the Assets application?
Q6 – Can a non-rotating asset exist in an inventory storeroom?
Q7 – What four methods can be used for adding a balance to a rotating item in an inventory storeroom?
Q8 – Can you perform a current balance adjustment on a rotating item in an inventory storeroom?
Q9 – Can you perform a physical count adjustment on a rotating item in an inventory storeroom?
Q10 – Which of Meter Group and Meter fields on the Item Master application can be used with a rotating item?
A – Neither Meter Group nor Meter can be used
B – Only Meter Group can be used with a rotating item
C – Only Meter can be used with a rotating item
D – Both Meter Group and Meter fields can be used with a rotating item