Standard Bill of Material
Standard bill of material lists the mandatory components, the required quantity of each component, and information to control work in process, material planning, and other Oracle Manufacturing functions.
Eg: Bills for manufacturing assemblies, pick-to-order bills, kit bills, and phantoms.
Model Bill of Material
Model bill of material defines the list of options and option classes you can choose in Oracle Order Entry to order a configuration. A model bill also specifies mandatory components or included items that are required for each configuration of that model. You do not order or build the model itself: you order and build configurations of the model. A model bill can be either assemble-to-order or pick-to-order.
Option Class Bill of Material
Option class is an item that groups optional components on a bill. An option class is an item that becomes a level in your model bill of material. Option classes can also have mandatory components that apply for all of its options.
Eg: When you order a Laptop, the processor is an option class, and the specific type of processor you order is an option within that option class. An option class bill can be either assemble-to-order or pick-to-order.
Planning Bill of Material
Planning bill of material is used in planning to forecast.
Engineering Bills of Material
Engineering Bill of Material is used for prototype products.
Phantom
Phantom assembly is a non-stocked assembly that lets you group together material needed to produce a subassembly. When you create a bill of material for a parent item, you can specify whether a component is a phantom. One bill of material can represent a phantom subassembly for one parent item, and a stocked subassembly for another parent item.
Reference: Oracle Bills of Material User’s Guide Release 12.1, Part No. E13688-02
appreciate ur work and that u made a point to even add the original references!
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