Assistant Analyst Interview Questions and Answers

Buffer is calculated based on lead time, demand variability, and service level.

• Lead time is the time it takes to receive an order.

• Demand variability is the fluctuation in demand over time.

• Service level is the desired level of customer satisfaction.

• Buffer is calculated using the formula: Buffer = (Z-score x Standard Deviation of Demand during Lead Time) + Safety Stock.

• Z-score is the number of standard deviations from the mean.

• Safety stock is the extra inventory kept to protect...read more

SAP T codes are transaction codes used to access specific functions in SAP ERP system. MD04 is used for material planning and CS03 is used for displaying BOMs.

• T codes are used to access specific functions in SAP ERP system

• MD04 is used for material planning and displays stock/requirements list

• CS03 is used for displaying BOMs (Bill of Materials)

• Other commonly used T codes include MM01 for creating material master records and VA01 for creating sales orders

Buffer is a temporary storage area in computer memory used to hold data that is being transferred between devices or processes.

• Buffers are commonly used in programming to improve performance by reducing the number of read and write operations to a disk or network.

• They can also be used to smooth out the flow of data between devices that operate at different speeds.

• Examples of buffers include the keyboard buffer, which temporarily stores keystrokes until they can be processed b...read more

Inventory refers to the goods or materials that a business holds for the ultimate purpose of resale or production.

• Inventory includes raw materials, work-in-progress goods, and finished products.

• It is an important aspect of supply chain management.

• Inventory management involves tracking inventory levels, ordering and receiving goods, and managing stock levels.

• Examples of businesses that rely heavily on inventory management include retail stores, manufacturers, and wholesalers.