ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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In SAP, material names are generated and coded, and then grouped. The grouping of goods/material items grouped by process is stored in the master data type:
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Material master
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Purchasing Master
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Vendor Master
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Supplier Master
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Explanation:
Detailed explanation-1: -The material master contains information on all the materials that a company procures or produces, stores, and sells. It is the company’s central source for retrieving material-specific data. This information is stored in individual material master records.
Detailed explanation-2: -The material type is a key controlling feature of the material master while the material group is a classification of materials having similar attributes.
Detailed explanation-3: -Raw materials (ROH) Semifinished products (HALB) Finished products (FERT) Materials procured externally (FREMD) Process materials (PROC) Trading goods. Operating supplies.
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