In the Material Planning process there are several key data in the Material Master. Match the below Material Master Data with its definition, type or example.

Question 14 options:

a	Procurement Type
b	Lot Size Key
c	Availability Check Group
d	Planning Time Fence
e	BOM Selection Method
f	MRP Type
g	Scheduling Times
h	Consumption Mode
i	Strategy Group

1.	Consumption based planning, Material Requirement Planning (MRP) or Master Production Scheduling (MPS)
2.	Defines the strategy the system uses to determine whether a quantity of material will be available to promise.
3.	Static lot sizing, fixed lot sizing, lot-for-lot, period lot sizing, optimum lot sizing.
4.	A period of time in which the ERP system is not allowed to automatically change procurement proposals.
5.	A method to determine which BOM to use.
6.	Make-to-stock, make-to-order or assemble-to-order
7.	In house, externally or both.
8.	If produced in house includes: time needed to produce material plus Goods Receipts processing time. If externally procured: planned delivery time plus the goods receipt processing time.
9.	The manner in which a CIR (actual customer order) consumes a PIR (planned independent requirement).

Which of the following is FALSE with regards to the Material Planning Process?

Question 15 options:

	Material planning is concerned with determining what materials are required, how many materials are required and when the materials are required.
	The outcome of the material planning process is planned orders and purchase orders.
	Demand for materials is driven by procurement.
	The objective of the material planning process is to balance demand and supply.