1z0-1066-24 Exam Training Practice Tests (Oracle Planning and Collaboration Cloud 2024 Implementation Professional)]

Question 1

In order for Supply and Demand Plans to run successfully, which three Configure Planning Analytic tasks must be completed? (Choose three.)

A. Set up Measure Catalogs B. Set up Default Catalogs C. Set up Hierarchy Attributes D. Set up Levels and Attributes E. Run the Configure Dimension Catalog process F. Set up Dimension Catalogs

Correct Answer: A,D,F

Question 2

You have created several infotiles based on the client requirements. You now want to group them together for display. How do you accomplish this?

A. First build them into a planning measure in Manage Planning Measures. Then open the planning measure on the plan by going to Open (choose area) > Choose planning measure. B. No need to group them. Open them directly on the plan going to Open (choose area) > Choose Infotile. C. First build them into a tile set in Manage Table, Graphs, and Analysis Sets. Then open the tile set on the plan by going to Open (choose area) > Choose tile set. D. First build them into an info set in Manage Infosets. Then open the info set on the plan by going to Open (choose area) > Choose info set. E. First build them into a planning group in Manage Planning Groups. Then open the planning group on the plan by going to Open (choose area) > Choose planning group.

Correct Answer: C

Question 3

Which four actions does Demand Management enable you to do? (Choose four.)

A. Simulate the impact of introducing new products in particular geographic areas. B. Perform side-by-side analysis on a multiple number of scenarios, and see the impact on operational and financial objectives. C. Simulate changes to the dependent options forecast for build to stock items. D. Simulate how changes to forecasting models and parameters have an immediate impact on the statistical forecast. E. Run an unlimited number of forecast simulations to see impacts of changes in the price, running a marketing campaign, shift in weather, demand upside request, and so on.

Correct Answer: A,B,D,E

Question 4

Planners are complaining about getting too many exception messages, some of which have minima value for evaluating plan health.
Which three solutions could reduce message clutter? (Choose three.)

A. Go to Configure Exception Sets, and for the currently used exception set. specify a threshold for various messages. B. Go to Configure Exception Sets, duplicate the currently used exception set, remove the undesired messages from the duplicate set. then assign the duplicate set to all plans. C. Go to Configure Exception Sets, create a new set with only the messages the planners care about, and then, set all supply plans to use this new exception set. D. Go to Configure Exceptions, and specify a threshold for various messages.

Correct Answer: A,B,C

Question 5

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?

A. back-to-back orders B. expense destination transfers C. contract manufacturing D. outside processing operations E. drop shipments

Correct Answer: D

Question 6

Demand is high leading up to the Christmas holiday every year between Dec 20 and Dec 24 and not on Christmas day (Dec 25). Your customer has two demand plans. Describe the steps to model Christmas causal factor in both demand plans.

A. Open a demand plan and add a new customer specific Christmas causal factor. Create a table displaying the causal factor measure and relevant time period and modify as required. Causal factor changes are plan specific, so repeat the steps in the 2nd demand plan. B. Open a demand plan and add a new customer specific Christmas causal factor. Create a table displaying the causal factor measure and relevant time period and modify as required. Causal factor changes in this demand plan will reflect in the 2nd demand plan also. C. Open a demand plan and edit Christmas casual factor measure. Place value of one from Dec 20 to Dec 24 and zero for non-impacted days including Dec 25. Causal factor changes are plan specific, so repeat the steps in the 2nd demand plan. D. Use FBDI to create a new customer specific Christmas causal factor. Place value of 1 from Dec 20 to Dec 24. Causal factor changes are plan specific, so repeat the steps in the 2nd demand plan. E. Open a demand plan and edit Christmas casual factor measure. Place value of one from Dec 20 to Dec 24 and zero for non-impacted days including Dec 25. Causal factor changes in this demand plan will reflect in the 2nd demand plan also. F. Use FBDI to create a new customer specific Christmas causal factor. Place value of 1 from Dec 20 to Dec 34. Causal factor upload to one demand plan will reflect in the 2nd demand plan also.

Correct Answer: B

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Question 7

In which situation would Bills of Distribution be more effective than Sourcing Rules?

A. When Organization A, Organization B, and Organization C make their own products B. When Organization A buys from a Supplier; Organization B transfers from Organization A, and Organization C transfers from Organization B C. When all organizations are buying from a single outside supplier D. When all organizations transfer 50% of the material from Organization B, and 50% from Organization C E. When Organization A, Organization B, and Organization C transfer from Organization C

Correct Answer: B

Question 8

Cost accounting captures costed transactions that are picked up by the cost processor. Which is not picked up by the cost processor?

A. period close adjusting journal entries for Payroll B. invoices and revenue interfaced from Cloud Receivables C. shipping, receiving, and inventory transactions from manufacturing D. supplier invoices interfaced from Cloud Payables

Correct Answer: B

Question 9

Which Statement is NOT correct regarding demand schedules when planning supply?

A. An integrated demand and supply plan can have more than one demand schedule. B. External forecast loaded from flat files can be a demand schedule. C. A demand schedule's "End Item Demand" measure must be one of: Final Shipments Forecast, Final Bookings Forecast. Approved Final Shipments Forecast, or Approved Final Bookings Forecast. D. A demand schedule can be another Demand Plan, a Sales & Operations Plan, or a Production Plan.

Correct Answer: C

Question 10

You are viewing a drop shipment plan for your organization and you want to know which customer the purchase order will be shipped to. Where can you see that?

A. You need to first drill down to the sales order from the supply-demand link, then open the sales order to get the customer. B. It is not viewable at this time. C. You can see the customer on the supply in Supplies and Demand. D. It is visible in the drop ship analytics. E. You can see the supplier on the sales order, but not vice-versa.

Correct Answer: A

Oracle Planning and Collaboration Cloud 2024 Implementation Professional - 1z0-1066-24 Exam Practice Test