The Best Practice Test Preparation for the 1z0-1066-24 Certification Exam [Q44-Q60]

The Best Practice Test Preparation for the 1z0-1066-24 Certification Exam

1z0-1066-24 Exam Dumps, Practice Test Questions BUNDLE PACK

Oracle 1z0-1066-24 Exam Syllabus Topics:

Topic	Details
Topic 1	Using Demand Management: This segment assesses the competency of demand planners and supply chain analysts in configuring, running, and managing demand plans.
Topic 2	Configuring Attribute-based Planning: This part focuses on the ability of supply chain planners to set up and apply attribute-based planning, ensuring that supply plans are customized based on specific product or customer attributes.
Topic 3	Configuring Exceptions: This section tests the expertise of supply chain managers in setting up and analyzing exceptions, ensuring they can identify and resolve issues within supply plans and demand forecasts.
Topic 4	Configuring Planning Analytics: Here, supply chain consultants are assessed on their ability to configure planning analytics to generate actionable insights that enhance decision-making within the supply chain.
Topic 5	Using Sales and Operations Planning: This segment evaluates the skills of S&OP managers in configuring and integrating Sales and Operations Planning (S&OP) with Oracle SCM Cloud and external systems, aligning demand, supply, and financial objectives.
Topic 6	Managing Constraint-based Plans: Supply chain planners are assessed on their ability to develop and manage constraint-based supply plans that consider both material and resource constraints.
Topic 7	Managing Replenishment Planning: Supply chain managers are assessed on their expertise in configuring replenishment planning, utilizing multi-dimensional demand segments, and balancing inventory through clustering techniques.
Topic 8	Using Supply Plans: This part measures the skills of supply chain planners in creating, duplicating, and managing supply plans. It involves setting up safety stock options, executing supply plans, and interpreting results.
Topic 9	Managing Supply Network Model: Designed for supply chain managers and planners, this section assesses their ability to summarize attributes of the supply network model, manage sourcing and approved suppliers, apply item attributes for supply planning, and handle drop shipments. It also addresses planning for counter sales orders.
Topic 10	Understanding Costing and Inventory: Aimed at supply chain managers, this part tests their knowledge of inventory and costing management within the Oracle Supply Chain, ensuring cost-effective and efficient inventory control.
Topic 11	Using Production Scheduling: Supply chain managers and planners are tested on their ability to configure and execute production scheduling to improve efficiency in production timelines and resource management.

 

NEW QUESTION # 44
Your Procurement Department is getting ready to set up Approved Supplier Lists that will be needed for Supply Planning. They ask you for what you need on the ASLs for planning usage. Which three options are key for planning? (Choose three.)

• A. Make sure all Local level ASLs include an Organization.
• B. Make sure to include Fixed Order Quantities.
• C. Make sure to include Maximum Order Quantities.
• D. Make sure to include Minimum Order Quantities.
• E. Make sure they are at a Global level.
• F. Make sure to include Fixed Lot Multipliers.

Answer: D,E,F

NEW QUESTION # 45
What happens when a demand planner approves a demand plan and then adjusts shipment history and runs demand plan again?

• A. The approve action takes the data from the two final forecast measures and copies to Approved Final Shipments Forecast and Approved Final Bookings Forecast, respectively. After a forecast is approved, the approved values remain unchanged until the forecast is approved again.
• B. The approve action takes the data from the two final forecast measures and copies to Approved Final Shipments Forecast and Approved Final Bookings Forecast, respectively. Any subsequent demand plan run can change final shipments or bookings forecast values that will automatically update the approved forecast measures.
• C. The approve action makes the Adjusted Shipments Forecast and Adjusted Bookings Forecast measures "not editable." After a forecast is approved, the Final Shipments Forecast and Final Bookings Forecast measures remain unchanged until the forecast is approved again.
• D. The approve action makes the Adjusted Shipments Forecast and Adjusted Bookings Forecast measures "not editable." But any subsequent demand plan run can change Final Shipments Forecast and Final Bookings Forecast values.

Answer: A

NEW QUESTION # 46
Which is not a potential source for a planning attribute?

• A. An extensible flexfield for sales orders
• B. A descriptive flexfield for purchase requisitions or work orders
• C. A key flexfield for items
• D. A standard attribute for purchase orders

Answer: C

Explanation:
Key flexfields are typically not used as sources for planning attributes within Oracle Planning Cloud. Planning attributes often derive from extensible or descriptive flexfields, which provide flexibility and customization options for various transactional records, such as sales orders and purchase requisitions

NEW QUESTION # 47
Which three statements are true about accounting?

• A. Supply Chain Orchestration automatically selects the correct process based on user-defined subledger accounting rules when a supply creation is initiated.
• B. Receipt Accounting performs accrual accounting.
• C. Landed Cost Management gives organizations visibility into their extended supply chain costs.
• D. Cost method can be assigned at the item level.

Answer: A,B,C

Explanation:
Landed Cost Management helps track additional costs associated with goods, enhancing visibility into total supply chain expenses. Supply Chain Orchestration uses predefined subledger accounting rules to automate process selection for new supply. Finally, Receipt Accounting handles accruals for received goods, impacting financials as soon as inventory is recorded​
​
.

NEW QUESTION # 48
Should value in Adjusted Shipments Forecast measure always be equal to the Final Shipments Forecast measure?

• A. Yes,if the demand plan is approved and values are locked.
• B. Yes, if the adjustment is made below the aggregation level at which it is viewed.
• C. Yes,if the adjustment is made at the same aggregation level at which itis viewed, or below.
• D. No, both measures will always be different.
• E. Yes,if the demand plan hasn't been run again after adjustment.

Answer: C

NEW QUESTION # 49
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?

• A. Manage Plans > Search and select supply plan > Supply tab > General tab > Advanced Options > Check 'Create time fence'
• B. Manage Plans > Search and select supply plan > Supply tab > Organizations and Schedules tab > Remove all demand schedules
• 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 > Check Demand Time Fence Control
• E. Manage Plans > Search and select demand plan > Demand tab > General tab > Select 'Do no spread forecast'

Answer: D

NEW QUESTION # 50
You have run a plan for your organization and there were sales orders that have been set up for drop shipment that you cannot see in the plan.
Which two options explain why the sales orders cannot be seen in the plan? (Choose two.)

• A. Drop Ship Demand Class has not be set up.
• B. Planning Profile 'Enable Planning for Drop Shipments' has not been set to 'Yes'.
• C. Supplier not configured in Manage Planning Source Systems
• D. Include drop ship demands and supplies flag has not been checked on your plan options.
• E. Drop Ship Item Validation Org has not been set up.

Answer: A,C

NEW QUESTION # 51
Which Statement is NOT correct regarding demand schedules when planning supply?

• A. 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.
• B. A demand schedule can be another Demand Plan, a Sales & Operations Plan, or a Production Plan.
• C. An integrated demand and supply plan can have more than one demand schedule.
• D. External forecast loaded from flat files can be a demand schedule.

Answer: A

NEW QUESTION # 52
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?

• A. Manage Demand and Supply Netting Rules task
• B. Manage Project Netting Rules task
• C. Manage Attribute-Based Netting Rules task
• D. Manage Attribute and Project Netting Rules task

Answer: D

Explanation:
For project-driven supply planning combined with demand and supply netting based on an attribute like country of origin, the "Manage Attribute and Project Netting Rules" task is necessary. This task allows configuration based on both project-specific and attribute-based criteria, aligning with Oracle's guidelines on supply and demand netting​
.

NEW QUESTION # 53
Your Manufacturing Organization makes bicycles and ships 50% of its output directly to large chain retailer customers. Your organization also ships products to your Distribution Center so that it can fulfill many other smaller customers. Your Manufacturing Organizations uses Oracle SCM Planning Cloud, but your Distribution Center does not.
Which setups should you recommend to the Manufacturing Organization?

• A. Map the Distribution Center as a customer in Maintain Supply Network Model; Select 'include transfer orders' in Edit Plan Options.
• B. Select 'include transfer orders' in Edit Plan Options' advanced supply options.
• C. In Edit Plan Options, ensure both organizations are included in plan scope, and select, 'include transfer orders'.
• D. Map the Manufacturing Organization as a supplier in Maintain Supply Network Model; Select 'Include transfer orders' in Edit Plan Options.

Answer: A

NEW QUESTION # 54
During an implementation, customer is in the process of planning supply requirements. Customer also needs to generate forecast and safety stock levels. Which plan type on the plan options should the customer be running?

• A. Safety Stock and Forecast Plan
• B. Demand Plan
• C. Demand and Supply Plan
• D. Supply Plan
• E. Integrated Plan

Answer: C

NEW QUESTION # 55
A major distributor experiences difficulty in establishing an inventory replenishment methodology. Which segmentation approach is not possible with Replenishment Planning?

• A. to group items based on item attributes for the product and customer dimensions and then assign a replenishment policy to each group
• B. to group items based on user-defined attributes and then assign a replenishment policy to each group
• C. to group items based on similar consumption levels by warehouse and then assign a replenishment policy to each group
• D. to group items based on similar global consumption levels and then assign a replenishment policy to each group

Answer: A

NEW QUESTION # 56
Which three are features or functions of Receipt Accounting?

• A. The Receipt Accounting process creates accounting distributions and posts those to Subledger Accounting (SLA) for processing and then into the General Ledger (GL).
• B. If you do not accrue at receipt, an accrued liability account is credited when the goods are received.
• C. Based on GAAP rules, Inventory items can be accrued at receipt or Period-end.
• D. If you do accrue at receipt, an accrued liability account is credited when the goods are received.
• E. Receipt Accounting performs the accrual accounting for all receipts: services, supplies, project materials, and inventory.

Answer: A,D,E

NEW QUESTION # 57
Which three steps are required so that a supply plan can use different service-level percentages for different groupings of items when calculating safety stock?

• A. Create segment groups.
• B. Create a safety stock policy assignment set.
• C. Execute segmentation.
• D. Assign the percentage on the Safety Stock tab of plan options.
• E. Create a supply planning policy assignment set.

Answer: A,C,E

Explanation:
To apply different service-level percentages to item groupings, you first need to create a supply planning policy assignment set that defines the rules for various segments. Next, define segment groups to categorize items based on shared attributes. Finally, execute segmentation to assign items to the correct segments and apply the desired safety stock policies. This process ensures service-level percentages are customized per grouping as documented in Oracle's guidelines on safety stock policies and segmentation

NEW QUESTION # 58
Which statement is NOT true about item attributes?

• A. Supply plans ignore items with the "planning method" attribute set to MPP.
• B. Some item attributes can be overridden directly in the Items table for simulation purposes.
• C. Many item attributes can be overridden as part of a simulation set that gets applied to a plan.
• D. The "forecast control" item attribute must be assigned if configure-to-order (CTO) items are being planned.

Answer: A

Explanation:
The statement that "Supply plans ignore items with the 'planning method' attribute set to MPP" is incorrect. Items with different planning methods, such as MPP (Material Planning Process), are factored into supply plans as long as the corresponding configurations are active. The other statements reflect accurate information about item attributes and their behavior in Oracle Cloud planning processes MY ORACLE SUPPORT

NEW QUESTION # 59
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 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.
• B. 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.
• C. 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.
• D. 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.
• E. 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.
• F. 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.

Answer: D

Explanation:
Reference:

NEW QUESTION # 60
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