ORDER POLICY

Use this tab to describe the rules for ordering this part.

Policy Type

From this drop-down list, select the policy type that indicates the lot sizing technique to be used for this provisional part. If you convert the part to a standard part, the policy type is used in Costpoint Material Requirements Planning (MRP). This field defaults from the selection in the Default Order Policy drop-down list on the Configure Product Definition Settings screen to one of the system-defined selections as follows:

Period Order Days

If you selected Period in the Policy Type field, enter the number of shop days for which MRP combines net requirements to create a planned order.

Minimum/Reorder

This field is titled Reorder if you selected Reorder Point in the Policy Type field.

If this field is titled Minimum, enter a minimum lot size. The calculated planned order must always be at least equal to the specified lot size when meeting net requirements.

Examples:

The Minimum field is not available if you selected Discrete Lot Size, Order to Point, or Reorder Point in the Policy Type field.

If this field is titled Reorder, it displays the quantity that is requisitioned when a part reaches its reorder point.

Maximum

Enter the maximum quantity that can be placed in any one order. If the order quantity is greater than the maximum quantity, it is split into several orders, each not exceeding the maximum quantity.

Multiple

Enter a multiple lot size. The quantity for any calculated planned order must always be a multiple of this number when meeting net requirements.

Examples:

This field is not available if you selected Discrete Lot Size, Order to Point, or Reorder Point in the Policy Type field.

Default Scrap %

Enter the scrap percentage for this part. This is your estimate of the percentage of these parts that will be accidentally destroyed, lost, or otherwise rendered unusable. The scrap percentage defaults for all BOM lines that list this part as a component.

Yield %

Enter the estimated yield (%) of a manufacturing order for this part for planning purposes. The default for this required field is 100.00, but you can change it to any value between 0.00 and 999.99. The yield percentage defaults for all BOMs that list this part in the assembly.

Total Lead Time

This field displays the total lead time calculated by the Lead Time subtask. It is the sum of all lead time types selected in that subtask. Costpoint updates this total when you modify the lead time selections.