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AX 4.0 - Master planning?

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Hello everyone,

I've been asked to describe how to set a min/max for a certain article in AX 4.0. I started looking around and found the master planning which, up to now, has not been used in the past 5 years by the company I work for. They did work with it before so number sequences and such are still intact.

I want to be sure I do things right here because if I don't the company will run into incorrect inventory levels and such...

The idea is to have item X in warehouse X. Item X is an item that is in high demand and is sold a lot. Because of this there should always be a minimum stock (safety stock I believe it's called?) available, lets make this 20k. Because we don't want to have too much stock there should also be a maximum stock of 80k. 

I've been toying around with the item coverage and made one that has the min/max coverage code with the above values. What I don't quite get yet (and I've tried looking for examples and reading the manual) is what the "coverage time fence", "positive days" and "negative days" do for the master planning and how these should be set up. Could someone perhaps explain or refer me to anything explaining this with examples?

I've also noticed that when you enable the warehouse under the coverage plan by dimension column in the item dimension group it will allow you to set a warehouse along with the item coverage. Is this the only way to get to this result? As mentioned above it should be possible to only give replenishment orders for Item X stored in warehouse X, not in any of the other warehouses.

Thanks in advance.


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