Q
You have a fleet of vehicles.
You plan to manage the vehicles as assets by using Dynamics 365 Supply Chain Management.
You need to create asset types for the vehicles.
What information should you specify when you create the asset type?
Question Info
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Explanation
The correct answer is an asset lifecycle model, because each asset type must be associated with a lifecycle model to define the states an asset can transition through (for example, Created, Active, and Disposed). Asset models are defined later to classify assets further but are not required when creating an asset type. Total cost of ownership is an outcome of asset usage and not specified at the type level. Spare parts can be linked to assets and maintenance activities, but they are not part of the asset type definition.
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