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