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1z0-1066-24 Sample Questions Answers

Questions 4

Your current shipments forecast for Jan 2018 is 1000 and the demand planner determines that the forecast should be 1500. Describe how the demand planner can override shipments forecast. Also, what happens to the final shipments forecast measure when the demand plan is run again and the shipments forecast value changes to 1250?

Options:

A.

Open a table with the Adjusted Shipments Forecast measure and enter 1500. The Final Shipments Forecast measure will change to 1500 and the value will persist during subsequent demand plan runs.

B.

Open a table with the Shipments Forecast measure and override it to 1500. The Final Shipments Forecast measure will change to 1500 and the value will persist during subsequent demand plan runs.

C.

Open a table with the Shipments Forecast measure and override it to 1500. The Final Shipments Forecast measure will change to 1500. During the subsequent demand plan run, the Final Shipments Forecast value will change to 1250.

D.

Open a table with the Adjusted Shipments Forecast measure and enter 1500. The Final Shipments Forecast measure will change to 1500. During the subsequent demand plan run, the Final Shipments Forecast value will change to 1250.

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Questions 5

You are running a demand plan for the first time and you want to generate forecast for the next six months. Which two demand plans run options should be selected? (Choose two.)

Options:

A.

Under data refresh options, select "Refresh with selected current data" and chose sales orders.

B.

Under data refresh options, select "Refresh with current data."

C.

Select sales orders as forecast profile.

D.

Select forecast shipments as forecast profiles.

E.

Under data refresh options, select "Refresh with demand planning data."

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Questions 6

You analyzed your customer's shipment history data at item and organization level. You found that the customer has many new products with limited history.

Does Planning Central support forecasting products with limited history, and what is this process called?

Options:

A.

No, Planning Central does not support the Croston Method for Sparse Demand forecasting method.

B.

Yes, Planning Central supports the Regression for Sparse Demand forecasting method, typically used for new products.

C.

Yes, Planning Central supports the Holt Exponential Smoothing forecasting method used for newly introduced products.

D.

No, Planning Central does not support the Regression for Sparse Demand forecasting method.

E.

No, Planning Central does not support the Holt Exponential Smoothing forecasting method.

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Questions 7

Should value in Adjusted Shipments Forecast measure always be equal to the Final Shipments Forecast measure?

Options:

A.

Yes, if the adjustment is made below the aggregation level at which it is viewed.

B.

Yes,if the adjustment is made at the same aggregation level at which itis viewed, or below.

C.

No, both measures will always be different.

D.

Yes,if the demand plan is approved and values are locked.

E.

Yes,if the demand plan hasn't been run again after adjustment.

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Questions 8

You just ran a Data Collection and want to confirm that certain data was successfully collected. Identify three collected data sets that can be viewed on the Maintain Supply Network Model Page. (Choose three.)

Options:

A.

Safety Stock and Subinventories

B.

Supplier Site and Service Level

C Calendar and Master Organization

C.

Customer Location and Carriers

D.

Customers and Customer Sites

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Questions 9

Which statement is correct regarding S&OP?

Options:

A.

S&OP supply requirements are based on Bills of Resources (BOR) if available; otherwise, the Work Definitions are used.

B.

Sourcing cannot be maintained directly in S&OP, but must be collected.

C.

S&OP supply requirements are only based on Bills of Resources (BOR).

D.

If Bills of Resources are used, the only way to make one available is via import using a dedicated template.

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Questions 10

Your clients want to simulate how canceling demand may impact a plan. Which two steps must be done to simulate this change? (Choose two.)

Options:

A.

Run plan with 'Do not refresh with current data'

B.

Manage Plans > Edit Plan Options > Add simulation set

C.

Open plan > View Supplies and Demands > Firm the demand and set firm quantity to 0 > Save changes

D.

Open plan > View Supplies and Demands > Remove the sales order from the plan and firm demand > Save changes

E.

Run plan with 'Refresh with current data'

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Questions 11

You plan to fulfill customer demand from internal organizations or from a contract manufacturer. Which are the four types of planned orders that can be generated?

Options:

A.

Buy orders for components purchased at internal organizations and contract manufacturer organizations.

B.

Return orders for items being manufactured in the contract manufacturer organization.

C.

Make orders for items being manufactured in the contract manufacturer organization.

D.

Transfer orders for internally owned components being transferred from internal organizations to contract manufacturer organizations.

E.

Transfer orders for internally owned components being transferred from contract manufacturer to internal organizations.

F.

Transfer orders for finished goods being transferred from contract manufacturer organizations to internal organizations.

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Questions 12

Your client manufactures consumer electronics and has all facilities live on Oracle Cloud. Their latest product has a very complicated manufacturing process and therefore can only be made at one facility (Organization ABC). However, it is ordered all over the world.

How should the Sourcing Rule be set up to accomplish this?

Options:

A.

A global sourcing rule for 50% make at ABC and 50% buy from ABC

B.

A local sourcing rule for 100% make at ABC; a global sourcing rule for 100% transfer from ABC

C.

A local sourcing rule for 100% make at ABC; a global sourcing rule for 100% buy from ABC

D.

A local sourcing rule for 100% buy from ABC; a global sourcing rule for 100% transfer from ABC

E.

A global sourcing rule for 100% make at ABC; a local sourcing rule for 100% transfer from ABC

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Questions 13

Which two statements are true regarding Planning Business Flows? (Choose two.)

Options:

A.

Inventory Planning cannot run in the Planning Business Flows.

B.

You can analyze and adjust data at any stage of the process.

C.

In automated plans, all release rules must be automatic.

D.

Demand and Supply Planning have to be run in separate business flows.

E.

Planners can set up automatic release rules or release orders manually as part of the plan execution.

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Questions 14

Which is the correct sequence of possible solutions that a constrained plan might consider when attempting to resolve a capacity or resource overload?

Options:

A.

First alternate resources, then substitute components, then alternate work definitions and item structures, and finally, alternate suppliers and source organizations.

B.

First alternate suppliers, then alternate resources, then substitute components, then alternate work definitions and item structures, and finally, alternate source organizations.

C.

First subscribe components, then alternate resources, then alternate work definitions and item structures, and finally, alternate suppliers and source organizations.

D.

First alternate item structures, and work definitions, then substitute components, then alternate resources, and finally, alternate suppliers and source organizations.

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Questions 15

A global company is subject to differing regulations regarding hazardous materials in a product. Version 1 of the product can be sold in North America and Europe. Version 2 of the product can only be sold in Europe.

Which sequence of setups could help a planner ensure that supply is available in a timely fashion per these constraints?

Options:

A.

Create an attribute-based netting rule using region and version; map the rule to collectible attributes; associate the rule to a supply plan; run the plan.

B.

Define region and version as planning attributes; map them to collectible attributes; create an attribute-based netting rule using region and version; associate the rule to a supply plan; run the plan.

C.

Define region and version as planning attributes; create an attribute-based netting rule using region and version; associate the rule to a supply plan; run the plan.

D.

Define segment groups based on region and version; execute segmentation; map the segmentation results to an attribute-based netting rule; associate the rule to a supply plan; run the plan.

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Questions 16

Which four options can be set as a Demand Schedule in Supply Planning plan options? (Choose four.)

Options:

A.

Final Bookings Forecast

B.

Approved Final Shipments Forecast

C.

Final Transfer Order Forecast

D.

Final Shipments Forecast

E.

Approved Final Bookings Forecast

F.

Approved Final Transfer Order Forecast

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Questions 17

When planning for customer demand to be fulfilled from internal organizations or from a contract manufacturer, what are the four types of planned orders that can be generated? (Choose four.)

Options:

A.

Make orders for items being manufactured in the contract manufacturer organization.

B.

Transfer orders for internally owned components being transferred from contract manufacturer to internal organizations.

C.

Transfer orders for internally owned components being transferred from internal organizations to contract manufacturer organizations.

D.

Transfer orders for finished goods being transferred from contract manufacturer organizations to internal organizations.

E.

Buy orders for components purchased at internal organizations and contract manufacturer organizations.

F.

Return orders for items being manufactured in the contract manufacturer organization.

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Questions 18

Which four types of items are eligible to be included as Supply Planned Items in the Supply Plan? (Choose four.)

Options:

A.

Demand plan items

B.

WIP components

C.

All planned items

D.

Purchased Items

E.

Supply plan items

F.

All sales orders

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Questions 19

You are in Implementation project and your customer is a global company with a complex supply chain network. Planners work across different geographies and different line of products. Each planner works with their own set of data and analysis and dashboards.

How do you configure the application so each planner can have their own custom dashboard view-able only to themselves?

Options:

A.

Create public page layouts that are tailored to specific business needs.

B.

You cannot create custom dashboards by user.

C.

Enable layout security checkbox in the Administer Planning Security.

D.

Create private page layouts that are tailored to specific business needs.

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Questions 20

Which calendar is supported in the supply planning process but does not support bucketing by week?

Options:

A.

Lunisolar

B.

Fiscal

C.

Roman

D.

Gregorian

E.

Julian

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Questions 21

Your client wants to create a supply plan that only considers sales order and disregards forecast demand within a specific demand horizon. What must you do to accomplish this?

Options:

A.

Manage Plans > Search and select supply plan > Supply tab > Organizations and Schedules tab > Remove all demand schedules

B.

Manage Plans > Search and select demand plan > Demand tab > General tab > Select 'Do no spread forecast'

C.

Manage Plans > Search and select demand plan > Demand tab > General tab > Check Demand Time Fence Control

D.

Manage Plans > Search and select supply plan > Supply tab > General tab > Advanced Options > Check 'Create time fence'

E.

Manage Plans > Search and select supply plan > Supply tab > General tab > Check Demand Time Fence Control

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Questions 22

What are two characteristics of an ‘Item’ organization? (Choose two.)

Options:

A.

It includes parameter definition, including lot. serial number, and item sourcing rules.

B.

It requires financial and accounting setups.

C.

It does not physically of financially track material storage or movement.

D.

It is ideal for deployments where inventory management may not be installed.

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Questions 23

The five pre-configured review stages of a Sales and Operations Planning process are Product Review, Demand Review, Supply Review, Financial Review, and Executive Review.

If Product Review is NOT an integral part of your company’s S&OP process, how do you configure the system to ignore it?

Options:

A.

In Manage Planning Cycles, right-click the Product Review tab. and select Delete.

B.

It is not possible to ignore any of the 5 pre-configured review stages.

C.

In Manage Planning Cycles, do not add any participants or tasks for the Product Review stage.

D.

In Manage Planning Cycles, go to the Actions menu, select Configure Stages, and set Enabled for Product Review to No.

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Questions 24

You are setting up the plan page layout for your customer.

In which of these requirements would you use an Infotile?

Options:

A.

Showing customer demand trend over a specific time period

B.

Showing inventory values by product category

C.

Showing a breakdown of exception in a pie chart

D.

Showing on-hand value compared to targets

E.

Showing inventory value across time

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Questions 25

Which two are valid settings when defining a replenishment planning cluster?

Options:

A.

Location hierarchy (required)

B.

Sweep location (required)

C.

Reserved safety stock percentage (optional)

D.

Source system (required)

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Questions 26

Which statement is NOT true about item attributes?

Options:

A.

The "forecast control" item attribute must be assigned if configure-to-order (CTO) items are being planned.

B.

Many item attributes can be overridden as part of a simulation set that gets applied to a plan.

C.

Some item attributes can be overridden directly in the Items table for simulation purposes.

D.

Supply plans ignore items with the "planning method" attribute set to MPP.

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Questions 27

Which statement applies only to the planning of back-to-back items and not standard items?

Options:

A.

Planning analyzes supply shortages and capacity overloads using any of the standard planning tools.

B.

Must use Global Order Promising and Supply Chain Orchestration to release and create new supplies

C.

Must have added sourcing rules to the Global Order Promising assignment set.

D.

Planning pegs reserved supplies to sales orders.

E.

Planning collects bookings or shipments history to forecast items.

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Questions 28

Demand planner opens the pre-seeded plan summary of the demand plan and wants to analyze the forecast results. Describe the steps to review and analyze the forecast results.

Options:

A.

Click "Revenue and Margin" tile. Review the "Revenue by Period" graph and pick a specific period. Right-click on a period, click Drill To -> Default Group -> Revenue Analysis to open the table and review the details.

B.

Click "Forecast Comparison in the thousands" tile. Review "Forecast Comparison by Product Category" graph and pick a product category. Right-click on product category, click Drill To -> Default Group -> Forecast Analysis to open the table and review the details.

C.

Click "Revenue and Forecast" tile. Review "Revenue by Period" graph and pick a specific period. Right-click on a period, click Drill To -> Default Group -> Forecast Analysis to open the table and review the details.

D.

Click "Demand at Risk in thousands" tile. Review "Demand at Risk by Product Category" graph and pick a product category. Right-click on product category, click Drill To -> Default Group -> Demand Analysis to open the table and review the details.

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Questions 29

Which three statements are true regarding Managing Units of Measure? (Choose three.)

Options:

A.

A unit of measure conversion is a mathematical relationship between two different units of measure.

B.

You must define a unit of measure class with a base unit of measure.

C.

Non-standard, intraclass conversion rates can't be item specific.

D.

A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.

E.

If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must also define conversions between the base units of measure of the different UOM classes.

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Questions 30

Which option outlines changes you can make to a simulation plan when evaluating demand and supply?

Options:

A.

Change item specification values, change item lead times, create mass changes for items

B.

Add demands, cancel demands, reschedule demands, add supply, cancel supply, reschedule supplies

C.

Change item specification values, change item lead times, change item-organization specification values

D.

Add demands, cancel demands, reschedule demands, add new planned orders, reschedule supplies

E.

Change item specification values, change item lead times, create mass changes for items all at once, change item-organization specification values

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Questions 31

As part of the agreement with one of our suppliers, you are supposed to order product by the 100s. But if the required supply is only 149, how many should be planned to purchase, and which item attribute will cause this to happen?

Options:

A.

Planned Order for 200. Maximum Order Quantity enabled

B.

Planned Order for 100. with Minimum Order Quantity enabled

C.

Planned Order for 150, with Rounding enabled

D.

Planned Order for 200. with Fixed Lot Size Multiplier enabled

E.

Planned Order for 149, with Fixed Order Quantity enabled

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Questions 32

XYZ Company ships products globally. A warehouse in each country ships to customers in that country. When supplies are short, XYZ's constrained plan invokes an upgrade policy wherein they ship a higher value product instead of the customer's originally requested item. Although costly for XYZ, this upgrade helps maintain high customer satisfaction and on-time delivery. However, because of local preferences for some new products, this global upgrade policy no longer applies.

What is the solution?

Options:

A.

XYZ should enable the "local end-item substitution" Decision Rule.

B.

XYZ should disable the "end-item substitution" Decision Rule and then handle substitutions manually.

C.

XYZ should keep the "end-item substitution" Decision Rule enabled and then just undo the substitutions where inappropriate.

D.

XYZ should create local substitution rules in Product Information Management.

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Questions 33

You've decided to opt into the Customer Demand Collaboration feature. Which three statements describe what that enables?

Options:

A.

A customer can use B2B messaging to share their expected needs and historical consumption for the products you sell them.

B.

The information they share with you is informational and only available to you in the portal.

C.

A customer can log in to a portal and manually enter their expected needs for the products you sell them.

D.

You can post to the portal your statistical forecast for the products you sell them so they can see your forecast for them.

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Questions 34

Your customer wants to display a numeric measure in both pound and kilogram Units of Measure (UOM) on a table. Describe the configuration steps to display a measure in two UOMs.

Options:

A.

Open a table and select Actions, View Table Configuration and click UOM tab. Select primary UOM as pound and secondary UOM as kilogram.

B.

Open a table and select View, Format Measures to find the measure. Now select pound as primary UOM and kilogram as secondary UOM.

C.

Open a table and select Actions, View Table Configuration and click Measure tab. Find the measure, duplicate the measure, and rename it. Now select pound as UOM for the original measure and kilogram as UOM for the duplicated measure.

D.

Open a table and select View, Format Measures to find the measure. Duplicate the measure and rename it. Now select pound as UOM for the original measure and kilogram as UOM for the duplicated measure.

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Questions 35

Your customer wants to be able to manually change the input values in purchase orders and transfer orders for the suggested plan recommendations. Which two recommendations are released by supply chain planning to Oracle Supply Chain Orchestration Cloud? (Choose two.)

Options:

A.

Schedule planned orders for make, buy, and transfer of supplies

B.

New planned orders for make, buy, and transfer of supplies

C.

Reschedules of existing make, buy, and transfer supplies

D.

Reschedules of sales orders, make, and buy

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Questions 36

Your client wants their supply plans to have a customized group of exceptions. What two steps must you complete in order to make sure only these exceptions are included when running all of your client’s supply plans? (Choose two.)

Options:

A.

Manage Plans > Select each supply plan > Edit each supply plan > Manually add each exception specified by client

B.

Configure Exceptions > Expand Supply Planning Exceptions > Highlight lines with exceptions specified by client > Click 'Add to Exception Set'

C.

Configure Exception Sets > Create exception set > Add exceptions specified by client

D.

Select 'Add to Supply Plan' button > Select which supply plans you want to have this group of exceptions

E.

Manage Plans > Select each supply plan > Edit each supply plan > Add your exception set to Plan Options for each supply plan

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Questions 37

Which is the proper fulfillment strategy to plan for supply using the appropriate lead times required for processing material at a third party, based on the manufacturing work definition?

Options:

A.

outside processing operations

B.

expense destination transfers

C.

contract manufacturing

D.

back-to-back orders

E.

drop shipments

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Questions 38

Which disaggregation methods are used for each of these measures: adjusted shipments forecast, target service level, and shipments forecast?

Options:

A.

Adjusted shipments forecast uses measure, target service level uses same value, and shipments forecast uses self.

B.

Adjusted shipments forecast uses proportional, target service level uses same value, and shipments forecast uses measure.

C.

Adjusted shipments forecast uses measure, target service level uses same value, and shipments forecast doesn't have any disaggregation method.

D.

Adjusted shipments forecast uses measure, target service level uses equal, and shipments forecast doesn’t have any disaggregation method.

E.

Adjusted shipments forecast uses equal, target service level uses same value, and shipments forecast uses measure.

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Questions 39

Your customer has seasonal demand and wants to generate forecast for next six months. You ran a demand plan for first time using six months of shipments history but the forecast accuracy was low.

Identify two statements that are true in this scenario. (Choose two.)

Options:

A.

Running a demand plan with both shipments and booking forecast profile is required to forecast seasonal demand.

B.

Running a demand plan with less than one year of history will impact seasonal analysis.

C.

Running a demand plan with both shipments and seasonal shipments forecast profile is required to forecast seasonal demand.

D.

Running a demand plan with six months of booking history instead of six months of shipment history is required for seasonal demand.

E.

Running a demand plan with 18 to 36 months of shipments history is recommended.

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Questions 40

Your company needs to implement project-driven supply planning, along with demand and supply netting based on the country of origin. Which setup task is needed for this?

Options:

A.

Manage Demand and Supply Netting Rules task

B.

Manage Attribute-Based Netting Rules task

C.

Manage Project Netting Rules task

D.

Manage Attribute and Project Netting Rules task

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Exam Code: 1z0-1066-24
Exam Name: Oracle Planning and Collaboration Cloud 2024 Implementation Professional
Last Update: Oct 15, 2024
Questions: 134
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