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MB4-219 - Solomon 6.0 Inventory and Order Processing - Dump Information

Vendor : Microsoft
Exam Code : MB4-219
Exam Name : Solomon 6.0 Inventory and Order Processing
Questions and Answers : 300 Q & A
Updated On : Click to Check Update
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Which cost layer is affected by a return or LIFO inventory item?

  1. The most recent cost layer for the given site.

  2. The original receipt number and receipt date of the cost layer for the items specified by the user.

  3. The Last Cost value for all returns is used.

  4. The oldest cost layer for the given site.

Answer: B


Which Purchase For type is valid for purchase orders, but not for receipts?

  1. Description Lines and Non-Inventory Goods

  2. Service for Expense and Service for Project

  3. Goods for Project

  4. Misc. Charges and Freight Charges

Answer: B


When landed cost entries require a booking to a variance account, how does Solomon determine the general ledger accounts for this entry?

  1. The Account and Subaccount associated with the landed cost Reason Code is always used.

  2. The Landed Cost Variance Account specified in the IN Setup screen is always used.

  3. If the Landed Cost Variance Account field for the inventory item is not blank, then that account is used.

  4. If the Landed Cost Variance Account field for the inventory item is blank, the Landed Cost Variance Account in the IN Setup screen is used.

Answer: C, D

Vouchers created from purchase order receipts can be edited in which of the following screens?

  1. Receipt/Invoice Entry

  2. Voucher and Adjustment Entry

  3. PO Receipt Inquiry

  4. Journal Transaction

Answer: B


When is the status of a regular purchase order set to Completed (M)?

  1. Receipts totaling the full amount of all line items on the purchase order have been released.

  2. During the delete detail process,if the promise date on all the items is less than the current business date.

  3. When the Purchasing module is closed for the year. all regular orders that are not in an Open Order status are automatically set to Completed.

  4. Total receipts for all line items on the purchase order fulfill the Receipt Qty Min % setting and the Receipt Acceptance Action is either Accept Quantity and No Warning or Accept Quantity and Warning.

Answer: A, D


If a landed cost is associated with a voucher line that has a LIFO inventory item, and the quantity remaining in inventory for the item is less than the receipt quantity, then how are GL accounts and inventory affected by the landed cost entries?

  1. No accounts are affected and there is no affect on inventory.

  2. An inventory adjustment is created to revalue inventory for the items still in inventory, the landed cost variance account is debited and the landed cost clearing account is credited for the other items.

  3. The inventory account is debited for the full amount of the landed cost and the landed cost expense account is credited, no inventory adjustments are created.

  4. No affect on the General Ledger, but an inventory adjustment batch is created to increase the value of the remaining items to reflect the total landed costs.

Answer: B


If a client needs the functionality in the Landed Cost module, what other modules need to be implemented?

  1. Accounts Payable

  2. Purchasing

  3. Inventory

  4. Order Management

Answer: A, B, C


A customer determines that no further receipts of material against some open purchase orders are expected. Which action will not show outstanding quantities in the Quantity on Purchase Orders field for the inventory items, but retains the original history of the quantities actually ordered?

  1. Record receipts for the remaining items, uncheck the Reopen Closed Purchase Orders on Returns field, then enter returns for the same amounts.

  2. Activate Initialize Mode and set the Qty Remaining fields in the Receipt and Voucher Amounts screen on the purchase orders to zero.

  3. Retrieve the purchase orders in the Purchase Orders screen and change the status from Open Order to Completed or Cancelled.

  4. In the Purchase Orders screen, change the quantity fields on each line item to exactly match the actual quantity received.

Answer: C


When is the status of a standard order automatically set to Completed (M)?

  1. Receipts totaling the full amount of all line items on the standard order have been released.

  2. Once the sum of the quantities on all regular orders created from the standard order equals or exceeds the quantities on all the corresponding line items on the standard order.

  3. When the Purchasing module is closed for the year, all regular orders that are not in an Open Order status are automatically set to Completed.

  4. Solomon never automatically sets standard orders to Completed.

Answer: D


Which receipt types can be entered in the Receipt/Invoice Entry screen?

  1. Voucher

  2. Receipt

  3. Returns

  4. Cancelled

Answer: B, C


In which of the following screens can you set a default value for the landed cost clearing account and subaccount to be used for booking landed cost entries?

  1. IN Setup

  2. lnventory/ltems

  3. Landed Cost Codes

  4. Reason Codes

Answer: C, D

Microsoft MB4-219 Exam (Solomon 6.0 Inventory and Order Processing) Detailed Information

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(IRMD) CEO Roger Susi on Q3 2018 outcomes - salary name Transcript | MB4-219 Real Questions and VCE Practice Test No influence found, are trying new keyword!this is a very critical adventure for us as Japan is a strong and transforming into market, and since receiving this clearance, we've already obtained a large computer screen gadget order. moreover ... further ... The sustainment mission command capacity | MB4-219 Real Questions and VCE Practice Test Chairman of the Joint Chiefs of body of workers, Gen. Martin E. Dempsey, in his Mission Command White Paper, dated April 3, 2012, says, "Mission command must be institutionalized and operationalized into all elements of the joint force--our doctrine, our education, our practising and our manpower and personnel method." during this observation, Gen. Dempsey describes a tradition shift for mission command, and Forces Command (FORSCOM) is utterly embracing the shift throughout all of its warfighting functions. The sustainment mission command capability (SMCC) conception is FORSCOM's response to Gen. Dempsey's order. It creates a cohesive synergy amongst modular forces and objectives global combatant commander wants. SMCC allows sustainment operations from domestic station now not best to fulfill validated requirements but also to increase readiness and enhance mission command. MODULARITY A 2011 RAND look at describes how, in 2003, the military tailored its formations according to current battle and rising challenges, leading to a significant shift in structure and how the military wages warfare. in all probability essentially the most influential alternate concerned transitioning from a division-centric force right into a brigade-centric force--an idea that has become known as modularity. beneath this thought, key components and capabilities that as soon as resided inside divisions were made organic to brigade fight teams. Modularity decreased the forms of combat brigades from 17 to a few (infantry, Stryker, and armor). The stream provided the army with a better number of smaller, very in a position drive programs, making it easier to maintain the protracted operations in Iraq and Afghanistan. combat assist and combat carrier guide devices and drive structure had been also redesigned to make the entire force extra modular. (See determine 1.) Opinions on modularity range; however, few would say that it does not promote agility and responsiveness. unfortunately, each change is met with a supply and take approach, and the identical qualities of modularity that promote agility and responsiveness can additionally cause sustainment gaps. Modularity, mixed with a combatant commander demand for smaller modular enablers, created the unintended final result of shifting routine relationships. It additionally created management, mentorship, and working towards oversight gaps throughout the sustainment group. The conclusion of operations in Iraq and the upcoming Afghanistan finale are atmosphere the stage for yet one other era of evolutionary sustainment alternate. emerging OPERATIONAL environment transferring from an operational environment of unconstrained substances to a more deliberate demand-primarily based ambiance necessitates an organizational shift to engaging in what concerns with much less and accentuates a necessity for have faith and solidarity of effort. one more tricky dynamic of modularity involves supported-to-supporting command relation-ships. transferring from deliver aspect to distribution-based mostly operations prolonged the commander's operational reach and features of communications. through modularity, brigade fight teams received a strong sustainment posture over property prior to now at echelons above brigade. Distribution and water belongings in the past residing normally aid battalion or corps assist battalion were placed ahead in the brigade guide battalion and forward help companies. because the army refines, adjusts, and adapts its formations to optimize readiness, we must determine our integrated sustainment strategy to maximise all elements of logistics capability and skill. A cohesion of effort in a time of diminishing supplies is essential to resolving gaps. FORSCOM's 2013 Expenditure discount counsel for Fiscal Uncertainty, coupled with the manager of body of workers of the army's (CSA's) intent to carry strategic land vigour in an unclear world, compels commanders to spend accurately and increase practicing plans that align supplies with frequent readiness necessities. however, FORSCOM's favored conclusion state continues to be the equal: deliver expert and equipped forces in help of combatant commanders and the protection method. PROPERTY ACCOUNTABILITY The 2012 Vice Chief of personnel of the army crusade on Property Accountability (COPA) illustrated that the demands of warfare, modernization, and modularization introduced $200 billion price of device to the military stock via speedy machine fielding, speedy fielding initiative, theater-offered device, and left-in the back of machine. COPA addresses one of the vital "symptoms" of a couple of overwhelming readiness challenges. beneath are just a few ideas that COPA gives to cure those symptoms: • Invigorate a culture of stewardship.• correct property statistics.• deliver troopers with the right advantage and tools.• Standardize and streamline coverage.• Standardize processes for acquiring property and organising property facts. MISSION COMMAND INTEGRATION the key to sustainment solidarity of effort and trust in this emerging operational ambiance is successful mission command integration. The purpose of every a success group or important organization is to strike the correct stability between centralized control and decentralized execution. under a single logistics mission command, aid administration is optimized throughout the effective and effective utility of leadership and authority. Leaders in both Iraq and Afghanistan struggled with this at first, however they carried out constructive resource management once expeditionary sustainment commands (ESCs) arrived to combine distribution, sustainment formations, and world deliver chains. here's effortless to do in case you have regional responsibility. despite the fact, FORSCOM continental u.s. (CONUS) command relationships do not lend themselves to the mission command framework present in a deployed geographic combatant commander's vicinity. LSOC AND SOC In 2010, FORSCOM launched an up to date execute order (EXORD) about leveraging sustainment groups in CONUS (LSOC). This EXORD initiated an idea that stemmed from the two CONUS-based mostly ESCs. The LSOC thought turned into permitted on Sep. 8, 2010. LSOC can provide the ESCs coordinating authority on and off their respective installations. through LSOC, the senior logistician provides point of view from instructions learned both on the battlefield and at domestic station. It become later determined that sustainment tips can be greater employed on an installation. That resolution resulted in the creation of the sustainment operations center (SOC) in April 2012. whereas LSOC addresses the "paintings aspect" (sustainment coaching, educating, and mentoring) of sustainment, the SOC addresses the "science facet" (materiel administration and asset or personnel go-leveling). The SOC is an LSOC subcomponent and explanations no increase to the military and minimal infrastructure adjustments. FORSCOM's SOC targets, in partnership with different instructions (the army Materiel Command, setting up management Command, working towards and Doctrine Command, and defense Logistics agency) are to: • allow and raise senior commanders' working towards and readiness authorities.• supply centralized materiel management.• Leverage multiechelon sustainment capabilities.• Replicate operational sustainment during garrison employment. SMCC because numerous boards, bureaus, facilities, cells, and working groups collaborate or synchronize support to give a holistic sustainment response, it is standard for the senior commander to have a unified sustainment view. FORSCOM more desirable the senior commanders' potential to mitigate sustainment gaps by leveraging latest installation logistics aid plans and constructing continuity of sustainment operations. the longer term transition to army 2020, locally-aligned force necessities, the fielding of global fight assist gadget-army, the Afghanistan retrograde mission, and enabling military readiness all require the consistent and consolidated visibility of senior commander sustainment services. greater importantly, they require a fusion of box- and sustainment-level partners to maximise effectiveness. In December 2012, FORSCOM released an EXORD that extended the present SOC conception to the SMCC in an effort to align with army Doctrine publication (ADP) 6-0, Mission Command, during which the commander is the primary determine. in keeping with ADP 6-0, SMCC is guided by means of right here ideas: • build cohesive groups via mutual have faith.• Create shared understanding.• give a transparent commander's intent.• pastime disciplined initiative.• Use mission orders.• accept prudent possibility. As outlined within the priorities of the CSA and FORSCOM commanding common, the SMCC concept capitalizes on box observations, insights, and training learned relating sustainment enabler integration, enhanced leader building, collective training, and readiness monitoring via synergy and collaboration. SMCC additionally capitalizes on relationships in addition to design and manner efficiencies so as to ensure team spirit of effort, have faith, and future logistics success. one of the crucial FORSCOM commanding usual's priorities changed into to "increase communique--inside and external," and the SMCC achieves this goal through a consolidated sustainment community of capability. verbal exchange in the installing sustainment neighborhood should still be through the senior commander's exact sustainment focal factor to synchronize sustainment operations. FORSCOM's focal point for execution is the sustainment brigade with oversight from the deputy commanding universal (help) and the LSOC-aligned ESC. As stated in ADP 6-0, collaboration is required to establish human connections, build have faith, and create and preserve shared knowing and intention. Shared understanding and intention form the basis for cohesion of effort and trust. The military practicing vision states that commanders should stability existing operational missions while simultaneously preparing forces to satisfy future requirements. FORSCOM captures this vision through the following goals: • deliver centralized materiel management.• enable and raise senior commander working towards and readiness authorities.• Leverage multiechelon sustainment capabilities.• Replicate operational sustainment during garrison employment. FORSCOM's SMCC embodies the concepts and ideas of Joint book three-0, Joint Operations, and ADP 6-0. in keeping with ADP 3-0, Unified Land Operations, SMCC is the commander's recreation of authority and route using mission orders to allow disciplined initiative in the commander's intent to empower agile and adaptive leaders. Key SMCC ideas encompass commander's intent, mission-classification orders, and decentralized execution. FORSCOM's SMCC is the senior commander's mechanism to execute his aid mission. not always tied to a firm or structure, it holistically describes the skill to synchronize, coordinate, resource, and execute sustainment operations and practicing within the sustainment commander's span of impact. SMCC's enabling equipment, belongings, corporations, and personnel include the following: • The deputy commanding accepted (guide).• Mission guide element and mission aid command logistics officers.• The ESC.• The sustainment brigade.• Logisticians in brigades and guide battalions.• help contraptions (together with scientific, finance, human substances, and signal).• Garrison help. Strategic and operational enablers (the defense Logistics company, U.S. Transportation Command, army Materiel Command, working towards and Doctrine Command, network commercial enterprise know-how Command, Intelligence and safety Command, and installing management Command). applying SMCC below SMCC, FORSCOM ESCs will provide area support. The ESCs will supply sustainment reach back capabilities to FORSCOM senior commanders and provide senior sustainment mentorship, practicing, and materiel management. The ESCs will additionally play a pivotal role in supporting senior commander domestically aligned forces necessities, and FORSCOM is reestablishing ESC CONUS relationships and roles. one other SMCC key output is solidarity of effort via sustainment fusion. It ensures sustainment requirements are nested with operations, and it's standard to command and staff integration. Sustainment fusion ensures continuous requirement assessment at every degree of command. Aligned with ADP 6-0, the concepts of SMCC help commanders and team of workers in balancing the paintings of command with the science of handle. SMCC is enabled by means of a device of personnel, networks, tips programs, procedures and strategies, facilities, and device. The desired conclusion state contains settling on probably the most constructive skill for getting the supported commander what he wants, when he needs it, and where he needs it. FORSCOM logisticians are aggressively working via SMCCs, producing more advantageous efficiencies and constructive outcomes in the army's supply chain. through constructing a network of networks that's collectively supporting, FORSCOM installing SMCCs are meeting the army's 2017 auditability aim and contract discount through changing contracts with troop labor. FORSCOM's SMCC assists commanders at all tiers in organising and overseeing resource manage measures such as the administration evaluation file, commanders' exception document, and monthly materiel evaluate sessions (logistics readiness studies). Working with close true-time records presents logisticians a big talents. The CSA's marching orders direct us to "instruct as we fight--make it useful and challenging," and FORSCOM's SMCC permits the sustainment formations to make use of each day synchronization as a training chance. As stated in FORSCOM's 2013 Optimizing Readiness EXORD, we should adapt via improving efficiency and effectiveness. As budgets constrict, leaders will be introduced with complex decisions. but they also can have an unparalleled probability to get rid of inefficiencies, enhance tactics, and focal point formations extra sharply on their missions. The problem is not chopping spending but optimizing readiness to ensure a tremendously competent drive. FORSCOM's mission is to deliver informed, capable forces to meet combatant commander requirements. FORSCOM's SMCC leverages multiechelon box sustainment services, enabling FORSCOM senior commanders to deliver fitted and sustained forces so as to continue to be globally responsive and locally engaged. without question, SMCCs present a logistics evolution, provide the sustainment spine for the military's regionally aligned forces, and facilitate uncompromised readiness for the decisive motion drive. Maj. Gen. Jack O'Connor is commander of the 21st Theater Sustainment Command. He has bachelor's degree in company administration, a grasp's degree in logistics management, and a master's diploma is strategic stories. he's a graduate of the Transportation Officer primary and superior courses, the Logistics government building direction, the military Command and established personnel college, the militia group of workers faculty, and the military struggle college Maj. Sean D. Smith works for the Forces Command G-4. He holds a bachelor's degree in psychology and a master's diploma in business. This article became posted within the July-September 2013 subject of military Sustainment journal. comic, Wrestler Couple grasp on to house in foreclosures Limbo | MB4-219 Real Questions and VCE Practice Test No influence found, are attempting new key phrase!She referred to they should reside put unless at least January, when Dion, 50, expects to acquire a federal schooling grant they can ... the longer the inventory stays out there and the longer the system gets ... While it is very hard task to choose reliable certification questions / answers resources with respect to review, reputation and validity because people get ripoff due to choosing wrong service. Killexams.com make it sure to serve its clients best to its resources with respect to exam dumps update and validity. 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Under these conditions, you might suspect that developers would be more inclined to build a house even before a buyer has purchased it. Indeed, some builders have increased their production of “speculative” or “spec” houses, which are fully or partially built without a purchase contract in place. Still, that’s not the case with others — the strategy around spec houses varies according to market conditions and builder preferences. “A few years ago, it was too risky for builders to build spec houses, but right now, builders are extremely bullish on the housing market,” says Tim Costello, founder and chief executive of Builder Homesite Inc., the parent company of Builders Digital Experience and NewHomeSource.com, a builder-marketing business based in Austin. “They’re selling everything they can build and making lots of money, so their risk profile has changed.” In different market cycles, spec homes — which are sometimes labeled “immediate delivery,” “move-in ready” or “immediate occupancy” houses — can be a burden on builders if they languish on the market, because they’ve paid to construct the house and continue to pay financing costs and utilities. When builders are eager to sell a spec house, buyers occasionally get a bargain. [Many lenders are loosening requirements for prospective home buyers] But in today’s hot housing market, this is rarely the case, with most houses selling fast. “Right now, we’re seeing most of the builders in our area building houses as fast as the lots are developed,” said Lind Goodman, a sales manager for BSI Builder Services, a division of the Allen Tate Co. in Charlotte. “Resale inventory is so low, and builders can’t build houses as fast as they are selling, particularly at the lower-end prices.” Why buyers purchase specs Home buyers in a hurry to move are the most likely candidates for a spec house, but sometimes spec buyers are simply tired of competing for limited resale houses in their area. “Buyers who choose spec houses today are usually doing this because of timing,” Goodman said. “Sometimes they are relocating and want to move to their permanent home right away. Sometimes people put their house on the market, and it sells faster than they expected. They only want to move once rather than go into temporary housing while they wait for a house to be built.” Although choosing personalized features is a pleasure for many buyers of new construction, Goodman said: “Lots of people like not having to pick everything, and they’re happy to go with the choices the builder has made for their house. They’re still getting a new house, and typically it has the most popular upgrades for that price and neighborhood.” Regina and Ted Solomon and their three children, ages 10, 13 and 15, recently moved into a spec house at Meadowbrook Farm in Leesburg that was built by Van Metre Homes. They opted for a spec house because of its lot and location within the community. The Solomons, who’d already lived in the area, looked at resale houses two years ago and hadn’t found anything they liked. This time, Regina Solomon found a house when they weren’t seriously looking. [Fixer-uppers are an affordable option, if you are up for the work] “I popped into Meadowbrook Farm on a whim and was immediately attracted to the house, and especially the lot, which is next to a common area where the kids can play,” Regina Solomon said. “If the house hadn’t been ready, I might not have been as willing to make a quick decision.” She said she saw the house on a Tuesday, brought her family and bought it the following Saturday. “The house just matched everything we wanted,” she said. “They did a great job putting in the finishes I would have chosen anyway. I actually think they chose a higher quality of items than I might have picked if I had to sit and choose everything with a price list in front of me.” [spacer] LEESBURG, VA - MARCH 13: The Solomon's clockwise from lower left, Regina, Ted, Brady, 13, Ella, 15, Luke, 10 and their dog, Cooper, fell in love with the spec home immediately and would not have changed a thing as they pose on their front steps March 13, 2017 in Leesburg, VA. Van Metre has built several spec homes at the Meadowbrook development. (Katherine Frey/The Washington Post) Why builders are for or against specs Van Metre Homes, a Northern Virginia builder, has increased the number of spec houses it builds in response to the critical need for houses in Loudoun and Fairfax counties, said Brian Davidson, group president for the firm’s new homes division in Broadlands, Va. “Building more spec homes allows us to reach people who would be looking at resales because they want to move quickly rather than wait six months or longer for a home to be built,” Davidson said. “We particularly want to have houses ready for the busy spring housing market and the fall housing market.” About 37 percent of Van Metre’s sales last year were move-in ready houses, compared with 31 percent in 2016. Data from the U.S. Census Bureau show that about 35 percent of newly built homes sold in December were completed when they were purchased, an increase over the 33 percent sold in December 2016. However, the definition of a “spec house” varies. “Some builders start homes by pouring the foundation and then build very slowly while waiting for a buyer,” Costello said. “A true spec home is one that is built and can be moved into tomorrow.” The National Association of Home Builders (NAHB) in Washington tracks “spec houses” as all houses that are sold with the land and house, which includes homes under construction while under contract, as well as completed homes. “The challenge for builders, even if they would like to build more spec homes, is that they face what we call the ‘five L’s’: labor, lots, lending, lumber and local regulations,” said Robert Dietz, the NAHB’s chief economist. “Labor costs are higher, and it can be harder to find enough skilled laborers. In addition, buildable lots are expensive, lending is tight, and lumber prices were up 30 percent in 2017 compared to 2016. Local regulatory costs for things like permits rose 29 percent between 2011 and 2016.” Not all builders construct spec houses, Costello said, although some choose to do so for efficiency and to keep their crews working consistently. “Some builders try to keep two or three spec houses available at all times to compete against the resale market,” Costello said. “Builders that offer customization build spec houses that can be personalized with the final finishes and then delivered in 60 days, as opposed to the six months that building a new home usually requires.” [Location, location, location: Picking the right neighborhood when searching for a home] Costello said a few builders, such as D.R. Horton Express, LGI Homes and Goodall Homes, consistently build spec houses as a business model. “We try to start the same number of houses every week so we can communicate accurately to our customers when each house will be finished,” said Chris O’Neal, chief sales officer of Goodall Homes, which builds homes in the high-demand markets of Nashville and Knoxville, Tenn. “This even-flow process lets our trade partners and employees know that they will always have consistent work with us. That’s one reason we have been successful even in a tough labor market. We pay them weekly throughout the year.” Finding enough lots to build on, particularly in Nashville, is the biggest challenge Goodall Homes faces, O’Neal said. “We built spec houses right away in Knoxville when we expanded there, so we could show people the quality of our work in a market where we were unknown,” O’Neal said. Goodall Homes builds spec houses for first-time buyers and move-up buyers, ranging from 1,500 to 4,000 square feet and priced from $250,000 to $500,000, O’Neal said. Pulte Group, a national builder of brands including Pulte, Centex and Del Webb, typically builds about one spec house in each community, said Macey Kessler, spokeswoman for Pulte Group. Kessler said that in the fourth quarter of 2017, Pulte sold 637 finished spec homes in their 790 communities. During Pulte Group’s most recent earnings call, Ryan Marshall, Pulte Group’s president and chief executive, said: “We’re not afraid to use spec. We’re using it in a way that I think smooths out our production pipeline. Beyond that, our view is our profitability on build-to-order units is quite a bit higher, and we eliminate the risk of potentially having a unit that we’ve got to hold on to and discount to sell or pay the carrying costs associated with carrying a finished house. So, it’s all worked into our model of driving the highest returns possible.” Van Metre plans to continue to build spec houses at most of its communities, although Davidson said they will build fewer in communities where prices are in the $1 million and higher range. Not only are the costs to build those houses higher, but buyers in that price range tend to want to be able to customize their house. “About 25 percent of our customers want immediate-delivery homes so they can move within 30 days,” Davidson said. “If we don’t have a house ready, they’ll buy a resale property.” Design choices Although some spec houses are 100 percent complete, others offer a few options for personalization. “We try to hold off on some finishes, such as the cabinets, flooring and appliances, as long as possible on our spec homes, but it can take four to six weeks for materials to arrive, so sometimes we need to finish a house before it’s purchased,” Davidson said. “But if buyers want something specific, like a porch or a deck, we can bring in our design-build division and remodel the house before they move in.” Today, spec houses include more of the most desirable features rather than just the basics they did in the past, Goodman said, such as hardwood flooring on the first floor, stainless-steel appliances and tile flooring in the bathrooms. “Builders run a report to see what the pre-construction buyers are choosing in each neighborhood,” Goodman said. “In one neighborhood, we put in a few too many upgrades, and those houses sat a little longer than we wanted, so for the next spec houses, we backed off a little on the options to make sure we met the price expectations of buyers.” Builders need to predict what buyers want and how much they will spend on a spec house, rather than setting the base price and letting buyers choose how much they want to increase their budget with various levels of options. “We work with our design team and design center to choose finishes and fixtures that are the most common choices of buyers,” O’Neal said. “Not only does that mean the house is more likely to be popular now, but that also means the odds are better that the buyers will be able to sell that house more easily in the future.” For buyers frustrated by a lack of inventory or in a hurry to move before the school year starts, a new job begins or because they have sold their current home, a spec house can meet their needs. Buyers won’t find a bargain, but they could find a place that matches their taste and is move-in ready. [Financial planning can help reduce anxiety of buying a home] CPS Technologies Corporation (CPSH) CEO Grant Bennett on Q1 2019 Results - Earnings Call Transcript | killexams.com MB4-219 Real Questions and VCE Practice Test No result found, try new keyword!Our customer was not able to source enough other components in order to ... And the inventory turnover over the last 4 quarters is $5.9 million; that compares with $6.0 million for all of 2018. Add-Ons for SAP ERP and SAP S/4HANA: Demand-Driven Replenishment Planning | killexams.com MB4-219 Real Questions and VCE Practice Test Until recently, demand-driven replenishment was only available to SAP S/4HANA customers using at least on-premise release 1709 or cloud release 1708. Now, thanks to supply chain management (SCM) consulting solutions from SAP, this functionality has been extended to companies that are still using SAP ERP or older versions of SAP S/4HANA. But this is not the only benefit they deliver. Many planners are used to working with multilevel (indented) bills of materials that list how raw materials are used to manufacture semi-finished products and the various finishing steps required to complete a customer’s order. Some bills of materials even go further and include levels of distribution. The journey from raw materials to end product is strewn with pitfalls. On the plus side, traditional material requirements planning (MRP) has become more sophisticated, and more tools have been developed to meet the growing complexity of large-scale requests coming from a diverse customer base, including forecast functions, lot size planning, safety stock, and range-of-coverage profiles. Configuring MRP Processes is Too Complex The growing number of tools on offer is increasing complexity. Implementing a consistent, multi-level planning concept that can be repeatedly adjusted to reflect current circumstances is becoming more difficult. And then there’s the bullwhip effect, where even the smallest fluctuation in product demand can amplify across all levels of traditional supply chain planning, such as lot-size planning. This puts planners in a difficult position when purchasing materials, because they have to take these large fluctuations into account, even if they are buying materials for products such as toothpaste – for which demand is relatively constant. “It often makes sense to keep certain products in stock to ensure you are agile enough to react to a given situation. But you have to plan your inventory systematically,” explains Ferenc Gulyássy, a consultant for SCM consulting solutions. The answer to this challenge is a hybrid of traditional plan-driven and demand-oriented material planning, demand-driven replenishment (DDR). This approach allows planners “to maintain a realistic inventory buffer to protect against uncertainty,” says Gulyássy. Even users of SAP ERP can implement demand-driven replenishment. “Decoupling” the Supply Chain Brings Flexibility Demand-driven replenishment is not based on complex, theoretical statistical calculations that involve planners trying their best to predict, say, how likely it is that the 100 products ordered can actually be delivered. The approach is much more pragmatic and, according to Gulyássy, “intuitive and consistent.” The supply chain is “decoupled”, meaning that the planner must “only” monitor parts of the production process instead of the whole thing. So-called “decoupling points” in the supply chain, Gulyássy explains, are strategic positions at which inventory buffers are maintained. This reduces the focus on forecasting product demand and means that typically error-prone forecasts no longer pose a problem. Demand-driven replenishment enables planners to align all levels of the supply chain process, no matter how complex. SAP ERP: Five Principal Functions Explained Gulyássy is convinced that “planning according to demand puts you at an advantage.” At present, only those companies that are already using release 1709 of the on-premise version of SAP S/4HANA or release 1708 of the cloud version can use demand-driven replenishment approach. They just need to buy a license and they can then access a range of innovative SAP Fiori-based functions. With the latest (2018) release of SCM consulting solutions, customers that use SAP ERP version ECC 6.0 and higher can also benefit from demand-driven replenishment planning. Various SAP add-ons enable them to do this — the MRP monitor, the replenishment lead time monitor, and the safety stock simulation, customized MRP type, and advanced MD04 tools: MRP Monitor: The MRP monitor suggests, for example, where to place decoupling points in bills of materials. If, say, a certain number of products are due to be ready for dispatch in 20 days’ time, several algorithms analyze the bills of materials and suggest when and where a buffer of raw materials, semi-finished products, and end products should be created. Replenishment Lead Time Monitor: This monitor calculates the amount of time needed to restock materials. It calculates these replenishment lead times based on the decoupling points determined by the MRP monitor and, for example, empirical analyses of historical data. Safety stock simulation: This tool facilitates the optimal calculation and dynamic adjustment of safety stock levels and reorder points. “This is more intuitive than statistical methods,” states Gulyássy, “and we can constantly adjust the buffers based on our empirical observations.” Customized MRP type: Once per day, for example, buffer sizes are analyzed during the MRP run. To do this, the customized MRP type add-on takes the logic used to calculate material requirements as part of the demand-driven replenishment process and adds it as a new MRP type. Compared to traditional demand-driven planning procedures, this method plans for spikes in demand. Advanced MD04: MD04 is a frequently-used standard transaction which gives planners an overview of demand, inventories, and goods received. SCM consulting solutions provide an advanced version of this transaction as an add-on, which features a range of additional functions including information for demand-driven replenishment. It uses color coding to indicate the status of materials, from dark red (highly critical), red (critical), yellow (low), and green (sufficient), to blue (overstocked). Using SAP GUI and Migrating to SAP S/4HANA This selection of basic demand-driven replenishment functions shows, first and foremost, that the DDR approach makes supply chain planning more flexible and intuitive for the planner. But there is another difference between the add-ons and the DDR functionality in SAP S/4HANA that may interest planners who have been working with the traditional SAP GUI for years. If you opt for the SCM consulting solutions, you do not have to switch to the new role-oriented SAP Fiori interface straight away, but can continue using “your” SAP GUI until you have gotten used to SAP Fiori. And, equally as important: If a company decides in three years’ time to upgrade from SAP ERP to SAP S/4HANA (on-premise), for example, a migration service is available. “This service allows companies to make a seamless transition to the SAP S/4HANA functions later on,” explains Gulyássy. In this case, the demand-driven replenishment functions offered by SAP SCM Consulting Solutions can still be used, as can, for example, SAP GUI transactions. Gulyássy: “SAP GUI and SAP Fiori values are saved in the same database tables – they’re just displayed differently in the interfaces.” Direct Download of over 5500 Certification Exams References : Issu : https://issuu.com/trutrainers/docs/mb4-219 Dropmark : http://killexams.dropmark.com/367904/11695933 Wordpress : http://wp.me/p7SJ6L-16U Dropmark-Text : http://killexams.dropmark.com/367904/12197555 Blogspot : http://killexamsbraindump.blogspot.com/2017/11/kill-your-mb4-219-exam-at-first-attempt.html RSS Feed : http://feeds.feedburner.com/killexams/EFSD Box.net : https://app.box.com/s/2b2gze1gvxojx8rgasuoy5vcy6aqk8gj publitas.com : https://view.publitas.com/trutrainers-inc/just-study-these-microsoft-mb4-219-questions-and-pass-the-real-test zoho.com : https://docs.zoho.com/file/5s0qs863af06d3e644816b12af08e6324a6cb Calameo : http://en.calameo.com/books/004923526f97da83b9c07


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