Oracle 1z0-1066-24 today updated questions - Verified by Oracle Experts

Oracle Planning and Collaboration Cloud 2024 Implementation Professional Questions and Answers

Question 1

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

Options:

Lunisolar

Fiscal

Roman

Gregorian

Julian

Question 2

When duplicating a supply plan, which parameters can you modify if Copy Type is “copy plan options only”?

Options:

Name, Access. Owner, and Notes

Name, Description. Access (but if the original plan was private, you can't edit the Users list), and Notes

Name, Description. Access. Supply Planning Mode, and Owner

Name, Description. Access. Owner. Include Archive, and Notes

Question 3

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:

Manage Demand and Supply Netting Rules task

Manage Attribute-Based Netting Rules task

Manage Project Netting Rules task

Manage Attribute and Project Netting Rules task

Question 4

You want to check how many items have excess inventory. Which three choices will get you there? (Choose three.)

Options:

Open Table, Graph, or Tile Set > Table: Item Exceptions Summary > Filter by Items with Excess Inventory

Manage Plans > Edit Plan Options > Select Supply tab > Navigate to Item area > Filter by Items with Excess Inventory

Open Table, Graph, or Tile Set > Table: Exceptions > Expand Supply Planning Exceptions > Select Items with Excess Inventory

Open Table, Graph, or Tile Set > Table: Items with Exceptions > Filter by Items with Excess Inventory

Open Table, Graph, Tile Set > Table: Items > Select any Item > Drill to: Item Exceptions > Expand Supply Planning Exceptions > Select Items with Excess Inventory > Refresh the search results

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?

Options:

outside processing operations

expense destination transfers

contract manufacturing

back-to-back orders

drop shipments

Question 6

Which statement is NOT true about Collect Planning Data?

Options:

If you use a predefined template, you can't change the business objects being collected, but you can change the Collection Type.

Net Change collection does not collect Shipment and Booking history data.

During a Targeted collection for a specific business object, the existing data is first purged from the planning data repository.

If only a few business objects are selected for collection, their data dependencies are not automatically included in the data collection.

Question 7

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?

Options:

Create a supply planning policy assignment set.

Create segment groups.

Assign the percentage on the Safety Stock tab of plan options.

Execute segmentation.

Create a safety stock policy assignment set.

Question 8

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:

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

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

Select sales orders as forecast profile.

Select forecast shipments as forecast profiles.

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

Question 9

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:

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

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

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

XYZ should create local substitution rules in Product Information Management.

Question 10

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:

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

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

Reschedules of existing make, buy, and transfer supplies

Reschedules of sales orders, make, and buy

Question 11

As a new planner, you want to test simulation set functionality. You have created a simulation set named 'Test Simulation Set.' In this simulation set, you have already added Item 98573. You would like to change the item specification 'Fixed Order Quantity' to 10 within this simulation set.

Which sequence will allow you to accomplish this task?

Options:

Select and open 'Test Simulation Set' > Search and select Item 98573 > Highlight item > Select 'Action' > Select 'Edit' > Find Fixed Order Quantity specification> under the 'Action' column select 'set value as' > under the 'Value' column enter 10

Select and open 'Test Simulation Set' > Search and select Item 98573 > Highlight item > Select 'View' > Select 'Columns' > Check box next to Fixed Order Quantity specification> the 'Fixed Order Quantity' will now show on the Item 98573 line > Highlight line for Item 98573 and scroll right until you find 'Fixed Order Quantity' > Change value to 10

Select and open 'Test Simulation Set' > Search and select Item 98573 > Highlight line for Item 98573 and scroll right until you find 'Fixed Order Quantity' > Change value to 10

Question 12

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

Options:

Based on the order value per customer weighted by the number of associated recommendations required to make the demand no longer at risk

Based on order value weighted by the number of compression days required to make the demand no longer at risk

Based on order value weighted by the number of associated recommendations required to make the demand no longer at risk

Based on the number of associated recommendations required to make the demand no longer at risk

Answer:

Explanation:

Review and Improve Your Demand Fulfillment

To improve the demand fulfillment of your plan, use the Demand Fulfillment table to review the at-risk demands in your plan and their related recommendations. You can take actions to accept recommendations from this page.

In the Demand Fulfillment UI, you can:

View prioritized at-risk demands based on order values weighted by the number of associated recommendations.

Take actions to accept or mark recommendations as complete.

Review summary information provided for the current demand fulfillment position of your plan to analyze the potential for improvement based on selected at-risk demands. The information also provides an understanding of the expected demand fulfillment position based on accepted and completed recommendations.

To review and improve your demand fulfillment:

In a Supply Planning, Planning Central, or Demand and Supply work area, select the Manage Plans task.

On the Manage Plans page, search for and open your plan.

In the Page Layout list, select Plan Summary.

Note that the tiles in the Plan Summary layout include a Demand at Risk in thousands tile.

In the Demand at Risk in thousands tile, click the Select Tile bar to review the Demand at Risk Summary data.

You can review the demand at risk data through a treemap view or a table view, the treemap view is the default. To switch to the table view, click the Show Table icon.

To review the demand at risk data:

Using the treemap: Click an area in the treemap. Typically, you want to start with the area that has the highest demand at risk value. From the Drill To actions, click Demand Fulfillment.

Using the table: Click the Show Table icon. In the Demand at Risk Summary table, click a cell. Typically, you want to start with the cell that has the highest demand at risk value. From the Drill To actions, click Demand Fulfillment.

The Demand Fulfillment UI shows the individual orders that are at-risk and their related recommendations.

Tip: You can open the Demand Fulfillment table directly without drilling from the Plan Summary. After you open a plan, click the Open button at the page level. In the Open Table, Graph, or Tile Set dialog box, search for and select the Demand Fulfillment table. In the Demand Fulfillment UI, you can search for at-risk demands by using the filter fields in the search panel.

Question 13

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

Options:

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

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

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

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

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

Question 14

During Implementation of Planning Central, your client has discovered that no Material Planners have been defined in Manage Material Planners in Planning Central.

In this situation, which three statements are true? (Choose three.)

Options:

Your client has not been assigned the Material Planner role.

You have not been assigned the Materials Planner role.

The Planner field will be null for all items.

Collect Planning Data has not been run for Material Planners.

Planned Orders will not release successfully.

Question 15

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:

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

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

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.

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.

Question 16

Which is not a potential source for a planning attribute?

Options:

A standard attribute for purchase orders

An extensible flexfield for sales orders

A key flexfield for items

A descriptive flexfield for purchase requisitions or work orders

Question 17

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:

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

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

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

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

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

Question 18

You ran a demand plan and you are reviewing the shipments forecast value measure. It is always zero for a particular item. Identify the root cause of this problem.

Options:

In planning measures catalog, shipment forecast value measure is not enabled at item and organization level.

In plan parameters, Item List Price marked as primary does not have price defined for the particular item.

In plan parameters, shipment forecast value measure expression is not defined.

In planning measures catalog, shipment forecast measure is not enabled at item and organization level.

Question 19

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

Options:

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

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

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

Planning pegs reserved supplies to sales orders.

Planning collects bookings or shipments history to forecast items.

Question 20

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?

Options:

Demand and Supply Plan

Safety Stock and Forecast Plan

Demand Plan

Supply Plan

Integrated Plan

Question 21

A supply plan has just been run that contains a configured item. You notice that the sourcing rules of the base model were used instead of sourcing rules for the configured item. Why did this happen?

Options:

No sourcing rules have been defined for the configured item.

The sourcing rules of the base model overrode the sourcing rules of the configured item.

It is not possible to create sourcing rules for the configured item; all configured items always use the same sourcing rules as the base model.

The sourcing rules of the base model had a priority of 1, while the sourcing rules of the configured item had a priority of 2.

No planning percentages were defined at the operation level within the work definition.

Question 22

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

Options:

A demand schedule can be another Demand Plan, a Sales & Operations Plan, or a Production Plan.

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.

An integrated demand and supply plan can have more than one demand schedule.

External forecast loaded from flat files can be a demand schedule.

Question 23

What is one method of associating a Safety Stock Quantity value to an item?

Options:

Upload the value using File Based Data Import (FBDI)

Enter your value in the Safety Stock Quantity column in the Items page.

Run the Safety Stock Quantity Update Process.

Enter your value in the Safety Stock Quantity Override column in the Items page.

Question 24

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:

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

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

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

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

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

Question 25

Which attribute or attributes can you maintain via the Maintain Supply Network Model task?

Options:

For Carriers: Enabled

For Customers. Suppliers, and Organizations: Time Zone

For Organizations: Supply Past Due. Customer, and ABC Assignment Group

For Interlocation Shipping Networks: Carrier. Mode of Transport, and Service Level

Question 26

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.)

Options:

Drop Ship Item Validation Org has not been set up.

Drop Ship Demand Class has not be set up.

Supplier not configured in Manage Planning Source Systems

Include drop ship demands and supplies flag has not been checked on your plan options.

Planning Profile 'Enable Planning for Drop Shipments' has not been set to 'Yes'.

Question 27

Which three statements are true about a drop ship validation organization? (Choose three.)

Options:

It is the source for organization-item attributes when creating drop ship planned orders.

It can be a Cost Organization.

It is not required in order to use drop shipments.

It cannot be an item organization.

It is a proxy for the organization during the collections of drop ship sales orders and drop ship history.

It can be an item organization.

Question 28

A sales order containing a back-to-back item has been created. However, when you ran the supply plan in Planning Central, the supply for the sales order was not released. Why was the supply not released?

Options:

The supply plan should have been run in Supply Chain Orchestration, not Planning Central.

Planning Central cannot create back-to-back supply, so the supply cannot be released.

Only Global Order Promising and Supply Chain Orchestration can be used to release and create new supplies for back-to-back orders.

The supply must first be created in Global Order Promising and then it can be released from Planning Central.

Question 29

Your client has reviewed all of the current graphs available for the plans, but cannot find one that shows them exactly what they want for the Days of Supply. How can this key performance indicator be added?

Options:

Go to Configure Planning Analytics > Actions > Manage Tables, Graphs, and Analysis Sets, and edit the current 'Days of Supply' graph to meet the client needs.

Go to Configure Planning Analytics > Actions > Manage Tables, Graphs, and Analysis Sets, and add a new graph with the requested data.

Open the plan and go to Actions > Manage Tables, Graphs, and Analysis Sets, and edit the current 'Days of Supply' graph to meet the client needs.

It is not possible to add new or change the current graphs.

Open the plan and go to Actions > Manage Tables, Graphs, and Analysis Sets, and add a new graph with the requested data.

Question 30

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:

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.

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.

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.

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.

Question 31

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

Options:

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

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

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

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

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

Question 32

Which two statements are true about Production Scheduling? (Choose two.)

Options:

Schedule options include: Configure Scope. Parameters, and View Settings.

Releasing a schedule can update Manufacturing Cloud work orders with revised dates, resources, release status, and work definitions.

Refreshing a Production Schedule means that the schedule is being recalculated.

A resource's constraint mode has two choices: Relaxed and Constrained.

If a work order is not firm. Production Scheduling may schedule with an alternate resource.

Question 33

Which statement is true about the Production Scheduling Gantt chart?

Options:

The Gantt chart is read only, but you can change colors, sizing, and perform filtering.

You can view a Gantt chart or the Dispatch List, but not both at the same time.

The Gantt chart identifies idle time, changeovers, and downtime.

Metrics displayed above the Gantt chart include Late Demands, Late Work Order, Early Work Orders, and Changeover Time.

Question 34

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:

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

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

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

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

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

Question 35

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

Options:

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.

No need to group them. Open them directly on the plan going to Open (choose area) > Choose Infotile.

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.

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.

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.

Question 36

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

Options:

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

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

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

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

Question 37

When creating a new replenishment plan, what are the required plan options?

Options:

Segment Group. Segments. Policy Assignment Set

Segment Group. Inventory Policies. Policy Assignment Set

Segment Group. Segments. Inventory Policies

Segment Group. Segments. Inventory Policies. Policy Assignment Set

Question 38

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

Options:

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.

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.

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.

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.

Question 39

Each of your planners is responsible for a different geography and set of product lines, so each planner needs to see just their own set of data, analyses and dashboards.

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

Options:

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

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

You cannot create custom dashboards by user.

Enable layout security checkbox in the Administer Planning Security

Question 40

Which set of transaction types data are uploaded in Contract Manufacturing Collaboration?

Options:

Work-order Completions

Component Material Issues, Work-order Completions

Component Material Issues, Work-order Completions, Shipment Confirmations

Planned orders, Planned Order Commits

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

Oracle Planning and Collaboration Cloud 2024 Implementation Professional Questions and Answers

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