1Z0-1066-20 Exam Training Practice Tests (Oracle Planning and Collaboration Cloud 2020 Implementation Essentials)]

Question 1

Which KPIs are available to measure forecasting accuracy and specify how these measures aggregated from item-organization level to higher levels.

A. MAPE, MFE, and Bias are used to measure forecast accuracy. MAPE and MFE are aggregated using weighted average. Bias is aggregated using sum. B. MAPE, MFE, and Bias are used to measure forecast accuracy. MAPE and Bias are aggregated using weighted average. MFE is aggregated using sum. C. MAPE, MAD, and Bias are used to measure forecast accuracy. MAD and Bias are aggregated using sum. MAPE is aggregated using weighted average. D. MAPE, MAD, and Bias are used to measure forecast accuracy. MAPE and Bias are aggregated using weighted average. MAD is aggregated using sum.

Correct Answer: C

Question 2

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,D,E

Question 3

Which four types of supplies can be reserved to a sales order in the inventory? (Choose four.)

A. Planned Orders B. Purchase requisitions C. Work orders D. Purchase orders E. On-hand inventory F. Transfer orders

Correct Answer: C,D,E,F

Question 4

You want to check how many items have excess inventory. Where must you go in Planning Central to find this information?

A. Open Table, Graph, or Tile Set > Search Exceptions > Open > Expand Supply Planning Exceptions > Select Item with Excess Inventory B. Configure Exceptions > Expand Demand Planning Exceptions > Select Item With Excess Inventory C. Manage Plans > Edit Supply Plan > Select Supply tab > Navigate to Item area > Filter by Items with Excess Inventory D. Manage Plans > Edit Demand and Supply Plan > Select Supply tab > Navigate to Item area > Filter by Items with Excess Inventory E. Configure Exceptions > Expand Supply Planning Exceptions > Select Item With Excess Inventory

Correct Answer: A

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Question 5

During implementation, the customer would like to use safety stock planning parameters. However, they would like to uncheck "Safety stock change interval to all items." What will the results be if they choose to uncheck this parameter?

A. Safety stock will use a smoothing method to calculate the safety stock within change interval to determine the level of safety stock needed without this parameter. B. Safety stock change interval will only apply to items with Days of Cover safety stock method. C. This option will require a min/max quantity for this parameter even though it will not be used. D. Safety stock will not be calculated at all for this plan.

Correct Answer: B

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Question 6

You are defining material planners for your organization. However, when you go to Manage Material Planners, your organization does not appear in the list of values. Why?

A. The organization must be enabled in Manage Planning Profile Options. B. You do not have data access to the organization. C. The organization was not enabled for collection under Manage Planning Source Systems. D. The organization is an Item Organization. E. The organization must be enabled in Manage Planning Parameters.

Correct Answer: C

Question 7

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

A. Julian B. Roman C. Fiscal D. Gregorian E. Lunisolar

Correct Answer: A

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Question 8

Your client has a requirement to restrict Supply Plan data access. Identify three Data Access Set detail entities that can be used to restrict plan data access. (Choose three.)

A. Transaction Type B. Customer C. Item D. Material Planner E. Supplier F. Demand Class

Correct Answer: B,C,E

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Oracle Planning and Collaboration Cloud 2020 Implementation Essentials - 1Z0-1066-20 Exam Practice Test