ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Client
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Company Code
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Plant
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Storage Location
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Detailed explanation-1: -An organizational unit allowing differentiation between the various stocks of a material in a plant.
Detailed explanation-2: -Storage location is an organizational unit, which actually differentiates between different material stocks in a plant. A storage location maintains the stock physically. A plant can have several storage locations.
Detailed explanation-3: -A storage location is a key organizational element in purchasing. Typically, there are three models of purchasing organizations: enterprise-level, company-level, and plant-level. The enterprise‐level purchasing organization is also known as the cross‐company code purchasing organization.
Detailed explanation-4: -Company Code. Smallest organizational unit for which you can maintain a legal set of books. Plant. Operating area or branch within a company.