1z0-1066-23 Exam Training Practice Tests (Oracle Planning and Collaboration Cloud 2023 Implementation Professional)]

Question 1

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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Question 2

How does the Demand Fulfillment view prioritize at-risk demands?

A. Based on order value weighted by the number of associated recommendations required to make the demand no longer at risk B. Based on the order value per customer weighted by the number of associated recommendations required to make the demand no longer at risk C. Based on the number of associated recommendations required to make the demand no longer at risk D. Based on order value weighted by the number of compression days required to make the demand no longer at risk

Correct Answer: A

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Question 3

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?

A. No, Planning Central does not support the Croston Method for Sparse Demand forecasting method. B. No, Planning Central does not support the Holt Exponential Smoothing forecasting method. 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. Yes, Planning Central supports the Regression for Sparse Demand forecasting method, typically used for new products.

Correct Answer: C

Question 4

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?

A. Planned Order for 200. with Fixed Lot Size Multiplier enabled B. Planned Order for 150, with Rounding enabled C. Planned Order for 100. with Minimum Order Quantity enabled D. Planned Order for 200. Maximum Order Quantity enabled E. Planned Order for 149, with Fixed Order Quantity enabled

Correct Answer: A

Question 5

A customer would like to account for the production loss in the supply planning process using the item shrinkage rate planning specification.
Which statement reflects the system behavior to meet this requirement?

A. Planning calculation does not support shrinkage functionality. B. Planning calculates no additional demand but creates the additional required supply based on shrinkage factor. C. Planning process reduces the demand based on shrinkage factor and keeps the supply quantity as is. D. Planning calculation creates scrap demand to compensate for loss and maintains supply.

Correct Answer: D

Question 6

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 7

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.)

A. Make orders for items being manufactured in the contract manufacturer organization. B. Return orders for items being manufactured in the contract manufacturer organization. C. Transfer orders for finished goods being transferred from contract manufacturer organizations to internal organizations. D. Buy orders for components purchased at internal organizations and contract manufacturer organizations. E. Transfer orders for internally owned components being transferred from internal organizations to contract manufacturer organizations. F. Transfer orders for internally owned components being transferred from contract manufacturer to internal organizations.

Correct Answer: A,C,D,E

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Question 8

As part of the agreement with one of your suppliers, you must always order product by the 100s. For example, if the required supply is 105, you must order 200, if it's 275, you must order 300. Which item attributes will help you achieve this?

A. Rounding B. Fixed Lot Size Multiplier C. Minimum Order Quantity D. Fixed Order Quantity E. Maximum Order Quantity

Correct Answer: B

Question 9

How can you deliver a forecast for drop shipments?

A. Create based on the supplier performance for drop shipment collection B. Excel upload using File Based Data Import Process C. Generate manually using Planning Analytics D. It cannot be done at this time. E. Create based on the drop shipment or booking history; the ship from will be the drop ship validation organization

Correct Answer: E

Oracle Planning and Collaboration Cloud 2023 Implementation Professional - 1z0-1066-23 Exam Practice Test