Practice on 2023 LATEST 1z0-1066-22 Exam Updated 111 Questions [Q60-Q79]

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Practice on 2023 LATEST 1z0-1066-22 Exam Updated 111 Questions

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Oracle 1z0-1066-22 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Create and Manage a Constrained Supply Plan, including Material and Resource Constraints
  • Managing Planners, Security and Profile Options
Topic 2
  • Applying Forecasting Methods, Causal Factors, and then Evaluating Results
  • Manage Creating, Copying and Viewing a Supply Plan
Topic 3
  • Deploying Multi-Dimensional Demand Segments
  • Modelling and Analyzing the Supply Plan
Topic 4
  • Managing Sourcing and Approved Suppliers
  • Configure Safety Stock Plan options
Topic 5
  • Configure Attribute-Based Planning
  • Planning for Counter Sales Orders
  • Contract Management Collaboration
Topic 6
  • Configuring UOM, Currency, Disaggregation and Conditional Formatting
  • Configuring Pages, Tilesets, Tables and Graphs

 

NEW QUESTION 60
Demand planner opens the pre-seeded plan summary of the demand plan and wants to analyze the forecast results. Describe the steps to review and analyze the forecast results.

  • A. Click "Revenue and Margin" tile. Review the "Revenue by Period" graph and pick a specific period. Right-click on a period, click Drill To -> Default Group -> Revenue Analysis to open the table and review the details.
  • B. Click "Demand at Risk in thousands" tile. Review "Demand at Risk by Product Category" graph and pick a product category. Right-click on product category, click Drill To -> Default Group -> Demand Analysis to open the table and review the details.
  • C. Click "Forecast Comparison in the thousands" tile. Review "Forecast Comparison by Product Category" graph and pick a product category. Right-click on product category, click Drill To -> Default Group -> Forecast Analysis to open the table and review the details.
  • D. Click "Revenue and Forecast" tile. Review "Revenue by Period" graph and pick a specific period. Right-click on a period, click Drill To -> Default Group -> Forecast Analysis to open the table and review the details.

Answer: C

Explanation:

 

NEW QUESTION 61
What happens when a demand planner approves a demand plan and then adjusts shipment history and runs demand plan again?

  • A. 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.
  • 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." But any subsequent demand plan run can change Final Shipments Forecast and Final Bookings Forecast values.
  • D. 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.

Answer: D

 

NEW QUESTION 62
Where do you view the collected data for Organizations, Customers, Suppliers, Carriers, and Interlocation Shipping Networks?

  • A. Planning Analytics
  • B. View Simulation Sets
  • C. Maintain Supply Network Model
  • D. View Collected Data
  • E. Review Plan Inputs

Answer: C

 

NEW QUESTION 63
Which three options represent predefined hierarchies in Planning Central? (Choose three.)

  • A. Demand Class
  • B. Pricing
  • C. Sales Channel
  • D. Business unit
  • E. Resource
  • F. Exception Type

Answer: A,D,E

 

NEW QUESTION 64
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.)

  • A. Running a demand plan with both shipments and booking forecast profile is required to forecast seasonal demand.
  • B. Running a demand plan with both shipments and seasonal shipments forecast profile is required to forecast seasonal demand.
  • C. Running a demand plan with less than one year of history will impact seasonal analysis.
  • D. Running a demand plan with 18 to 36 months of shipments history is recommended.
  • E. Running a demand plan with six months of booking history instead of six months of shipment history is required for seasonal demand.

Answer: D,E

 

NEW QUESTION 65
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. This option will require a min/max quantity for this parameter even though it will not be used.
  • B. 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.
  • C. Safety stock will not be calculated at all for this plan.
  • D. Safety stock change interval will only apply to items with Days of Cover safety stock method.

Answer: D

Explanation:

 

NEW QUESTION 66
Your client has high-priority customers with frequent, small volume orders.
Which two steps should a backlog planner consider if a backlog run does not produce the desired results? (Choose two.)

  • A. Edit the "Pull-in Disabled" demand attribute.
  • B. Isolate the problematic customer in its own Backlog Planning run.
  • C. Edit the "Enforce Current Commit" or "Pull-in Enabled' demand attributes.
  • D. Activate more intricate Demand Priority rules.
  • E. Consider simulation.

Answer: C,E

 

NEW QUESTION 67
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 Regression for Sparse Demand forecasting method.
  • B. Yes, Planning Central supports the Holt Exponential Smoothing forecasting method used for newly introduced products.
  • C. No, Planning Central does not support the Holt Exponential Smoothing forecasting method.
  • D. No, Planning Central does not support the Croston Method for Sparse Demand forecasting method.
  • E. Yes, Planning Central supports the Regression for Sparse Demand forecasting method, typically used for new products.

Answer: B

 

NEW QUESTION 68
Which two statements are true when using Measure catalogs? (Choose two.)

  • A. The measure catalog has a collection of measures that you can enable for use in a single plan in the Planning Central work area.
  • B. You can restrict access to Measure Catalogs using Administer Data Security.
  • C. Measure catalogs are defined in the system to improve the performance of the plan.
  • D. You navigate to Configure Measure Catalogs to edit the Catalog.
  • E. The predefined measure catalog is not the system default.
  • F. You can add or remove measures from a measure catalog.

Answer: A,F

Explanation:
Reference:

 

NEW QUESTION 69
Which is NOT a legitimate way to launch a plan?

  • A. From Manage Plans, select a plan in the search results, and select Run Plan from the Actions menu.
  • B. From Setup & Maintenance, in the Planning functional area, select a plan and click the Run icon.
  • C. Launch via a scheduled process.
  • D. When editing plan options, click Save and Run.

Answer: B

 

NEW QUESTION 70
You have executed Planning Data Collection and want to confirm that data has successfully been collected. Identify the three data combinations that can be viewed using the Maintain Supply Network Model Page. (Choose three.)

  • A. Calendar and Master Organization
  • B. Supplier Site and Service Level
  • C. Sales Channel and Demand Class
  • D. Customer Location and Carriers
  • E. Safety Stock and Subinventories

Answer: A,B,D

 

NEW QUESTION 71
Your client has operations in the west coast of the US. If the customer is in the western half of the US, then they would like to ship the product from their warehouses. If it's in the eastern half of the US, then they want to drop ship it from a supplier.
How would you recommend they set the assignment up?

  • A. Set up two region level assignments, one for the west coast and the other for the east coast.
  • B. Set up a region for the west coast warehouse and an item-region level assignment for the drop ship.
  • C. Set up by each customer for the customers who should get product from each warehouse.
  • D. Set up an item-organization assignment for the west coast warehouse and an item-organization level assignment for the drop ship.
  • E. Set up an item-region assignment for the west coast warehouse and a region level assignment for the drop ship.

Answer: B

 

NEW QUESTION 72
Which attribute or attributes can you maintain via the Maintain Supply Network Model task?

  • A. For Customers. Suppliers, and Organizations: Time Zone
  • B. For Organizations: Supply Past Due. Customer, and ABC Assignment Group
  • C. For Interlocation Shipping Networks: Carrier. Mode of Transport, and Service Level
  • D. For Carriers: Enabled

Answer: A

 

NEW QUESTION 73
Which statement applies only to the planning of back-to-back items and not standard items?

  • A. Must use Global Order Promising and Supply Chain Orchestration to release and create new supplies
  • B. Planning analyzes supply shortages and capacity overloads using any of the standard planning tools.
  • C. Planning collects bookings or shipments history to forecast items.
  • D. Must have added sourcing rules to the Global Order Promising assignment set.
  • E. Planning pegs reserved supplies to sales orders.

Answer: A

Explanation:

 

NEW QUESTION 74
Another planner has previously created a supply plan, but you now need to make some changes so that you can do some 'what-if' analysis. How can you go about duplicating this plan?

  • A. Manage Plans > Search and select supply plan > Actions > Duplicate.
  • B. You cannot duplicate a plan that is not owned by you.
  • C. You cannot duplicate plans. You must create a completely new supply plan.
  • D. Manage Plans > Search and select supply plan > Actions > Edit Plan Options > Select Copy.
  • E. Run process "Duplicate supply plans" with existing plan as parameter.

Answer: A

 

NEW QUESTION 75
A customer has created a supply plan based on current requirement. Due to changes in third party forecast, the plan must be rerun with these recent updates. However, while this new information became available, existing supply like on-hand inventory and work order completions have also been updated.
Which data refresh option should be used to reflect all these changes in the plan?

  • A. Refresh with forecast data
  • B. Refresh with current data
  • C. Refresh with quick refresh option
  • D. Refresh with selected current data
  • E. Do not refresh with current data

Answer: B

 

NEW QUESTION 76
You want to check how many items have excess inventory. Where must you go in Planning Central to find this information?

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

Answer: D

Explanation:

 

NEW QUESTION 77
Your client manufactures consumer electronics and has all facilities live on Oracle Cloud. Their latest product has a very complicated manufacturing process and therefore can only be made at one facility (Organization ABC). However, it is ordered all over the world.
How should the Sourcing Rule be set up to accomplish this?

  • A. A global sourcing rule for 50% make at ABC and 50% buy from ABC
  • B. A global sourcing rule for 100% make at ABC; a local sourcing rule for 100% transfer from ABC
  • C. A local sourcing rule for 100% make at ABC; a global sourcing rule for 100% buy from ABC
  • D. A local sourcing rule for 100% make at ABC; a global sourcing rule for 100% transfer from ABC
  • E. A local sourcing rule for 100% buy from ABC; a global sourcing rule for 100% transfer from ABC

Answer: E

 

NEW QUESTION 78
Which two statements regarding the Decomposition scheduled process are incorrect? (Choose two.)

  • A. It does not recognize forecast exceptions.
  • B. It received supplier commits.
  • C. It reads published planning data from interface tables.
  • D. It creates or updates an order forecast, used by Supply Chain Collaboration to publish to suppliers.

Answer: A,B

 

NEW QUESTION 79
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