Chapter 4.3.8. Storerooms

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72 Certification Study Guide Series: IBM Maximo Asset Management V7.1 4.3.7 Condition Codes The Condition Codes application is used to build the master list of condition codes for a particular item set. A condition code enables you to specify that an item record has a different value depending on the physical condition of an item. For example, an item that has been damaged, worn, used, or rebuilt would not have the same value as a new item. A condition code has a rate associated with it, which can be used to calculate the value of non- new inventory items. For example, you might create two conditions for an item: New, which is the value of the item at 100% Used, which is the value of the item at 50% of the full ...

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