According to the Business Process Training and Certification - Oracle University document2, variance cost is the difference between input and output costs treated as. Variance cost is calculated by subtracting the output cost from the input cost for each work order operation. Variance cost reflects the efficiency or inefficiency of the production process. It can be positive or negative depending on whether the input cost is higher or lower than the output cost.
Question 2
What are the two Job Roles required to define the Manufacturing Master Data?
Options:
A.
Manufacturing Engineer?
B.
Production Operator
C.
Production Supervisor
D.
Cost Accountant
Answer:
A, C
Explanation:
Explanation:
According to the Oracle SCM Business Process Certified Foundations Associate Rel 2 document1, the Manufacturing Engineer and Production Supervisor are the two job roles required to define the Manufacturing Master Data. The Manufacturing Engineer is responsible for creating and maintaining the manufacturing master data, such as items, bills of materials, routings, and work definitions. The Production Supervisor is responsible for creating and maintaining the production resources, such as work areas, work centers, and resources.
Question 3
What enables service item to be auto consumed into a work order?
Options:
A.
Supply type of the service item as "Push"
B.
Supply type of the service item as "Operation Pull"
C.
Supply type of the service item as "Supplier"
D.
Supply type of the service item as "Assembly Pull"
Answer:
D
Explanation:
Explanation:
According to the Oracle SCM Business Process Certified Foundations Associate Rel 2 document1, assembly pull is the supply type that enables service item to be auto consumed into a work order. Assembly pull means that material is automatically issued to a work order when it is completed. Service item is a type of item that represents a service or activity that is performed on or for another item, such as installation, repair, maintenance, etc. Service item can be auto consumed into a work order if it is defined as an assembly pull component in the bill of material.