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What is mean by Standard Value, Scheduling Margin Key,
Production Version, Product Cost Collector, Control
Key,Demand Management.

Answer Posted / ajit kumar santi

1. STANDARD VALUE KEY--
Standard value is nothing but the dimension of the method result,So that the system can copy the calculated value into a standard value in the routing, the standard value must be defined using the standard value key in the work center.
6 std value makes a standard value key.

2.PRODUCTION VERSION--
you can create production version is MRP-4 views. it is used for which alternative bom will use in which operation in production.

3.PRODUCT COST COLLECTOR---
In REM process, the cost which are incured during manufacturing and posted to an element is called PCC. During the process of entering actual data such as- material cost and production cos, these are added to PCC.

4. SCHEDULING MARGIN KEY---
Schedule margin key Define Floats. floats is nothing but a time period. there are 4 types of float-
a) OPENING PERIOD- The period between Order creation date and order start date.
b) Float before Production-
The time period between order start date and production start date.
c) Float after production--
The time period between production finish date and order finish date.
d) Release Period--
The time period between Order finish date and scheduled finish date.

5.CONTROL KEY--
Control key determines which business transaction should be executed for the object that belongs to the task list or order. examples of Control key- PP01,PP02 etc. you can set control key in OPJ8
The parameters of OPJ8 are--
a)Scheduling
b)Auto goods Receipt
c)Print
d)Print Time tickets
e)Print Conformation
f)Cost
g)Determine Capacity Requirement
h)Rework

6. DEMAND MANAGEMENT---
Demand management is used to determine the requirement quantities and delivery dates for finiished product. to create a demand program, Demand management uses PIR & Customer requirement.

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