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

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Total 109 questions

Oracle Planning and Collaboration Cloud 2023 Implementation Professional Questions and Answers

Question 1

Which two statements are true about Planning Security? (Choose two.)

Options:

A.

If a plan is set up as private, there is no way to further limit what users see within the plan.

B.

If a plan is set up as public, there is a way to further limit what users see within the plan.

C.

Data access sets can be used to limit what a planner can see. based on Items, Organizations, Carriers, Suppliers, and Customers.

D.

A plan can be set up to be public or private.

Question 2

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?

Options:

A.

A global sourcing rule for 50% make at ABC and 50% buy from ABC

B.

A local sourcing rule for 100% make at ABC; a global 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% buy from ABC; a global sourcing rule for 100% transfer from ABC

E.

A global sourcing rule for 100% make at ABC; a local sourcing rule for 100% transfer from ABC

Question 3

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:

A.

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

B.

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

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 > Advanced Options > Check 'Create time fence'

E.

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

Question 4

Your client wants their supply plans to have a customized group of exceptions. What two steps must you complete in order to make sure only these exceptions are included when running all of your client’s supply plans? (Choose two.)

Options:

A.

Manage Plans > Select each supply plan > Edit each supply plan > Manually add each exception specified by client

B.

Configure Exceptions > Expand Supply Planning Exceptions > Highlight lines with exceptions specified by client > Click 'Add to Exception Set'

C.

Configure Exception Sets > Create exception set > Add exceptions specified by client

D.

Select 'Add to Supply Plan' button > Select which supply plans you want to have this group of exceptions

E.

Manage Plans > Select each supply plan > Edit each supply plan > Add your exception set to Plan Options for each supply plan

Question 5

You are setting up the plan page layout for your customer.

In which of these requirements would you use an Infotile?

Options:

A.

Showing customer demand trend over a specific time period

B.

Showing inventory values by product category

C.

Showing a breakdown of exception in a pie chart

D.

Showing on-hand value compared to targets

E.

Showing inventory value across time

Question 6

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

Options:

A.

Upload the value using File Based Data Import (FBDI)

B.

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

C.

Run the Safety Stock Quantity Update Process.

D.

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

Question 7

Your customer has loaded shipment history of 1/1/14 through 12/31/16 and wants to generate a monthly forecast of 1/1/17 through 12/31/17 based on two-year shipment history.

When creating a demand plan, which two plan scopes and demand plan options should your customer use? (Choose two.)

Options:

A.

For demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/15, enter history end date as 12/31/15, and enter forecast start date as 1/1/17.

B.

For demand plan option, add forecast shipments as forecasting profile, and enter historical buckets as 24.

C.

For demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/15, forecast start date as 1/1/17, and enter forecast end date as 12/31/17.

D.

For demand plan option, add forecast shipments as forecasting profile, enter historical buckets as 24, and enter forecast buckets as 12.

E.

For plan scope, select plan horizon days as 365, forecasting calendar as Gregorian, and forecasting time level as month.

F.

For plan scope, select plan horizon as 12 months, forecasting calendar as Gregorian, and forecasting time level as month.

Question 8

Your client wants to utilize product categories on sourcing rules. They have created a new category for this and populated the items for it.

Where do they set up the category planning uses when evaluating sourcing rules?

Options:

A.

Manage Planning Profile Options

B.

Manage Plans

C.

Manage Sourcing Rules

D.

Manage Assignment Sets

E.

Manage Planning Source Systems

Question 9

How can you deliver a forecast for drop shipments?

Options:

A.

It cannot be done at this time.

B.

Generate manually using Planning Analytics

C.

Excel upload using File Based Data Import Process

D.

Create based on the supplier performance for drop shipment collection

E.

Create based on the drop shipment or booking history; the ship from will be the drop ship validation organization

Question 10

It is now January 2023. Your customer has loaded 3 years worth of shipment history (for 1/1/20 through 12/31/22) and wants to generate a monthly forecast for 2023 based on two years of shipment history.

When creating a demand plan, which two plan scope and demand plan options should your customer use? (Choose two.)

Options:

A.

For demand plan option, add forecast shipments as forecasting profile, and enter historical buckets as 24.

B.

For demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/21. forecast start date as 1/1/23. and enter forecast end date as 12/31/23.

C.

For demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/21. enter history end date as 12/31/22. and enter forecast start date as 1/1/23.

D.

For demand plan option, add forecast shipments as forecasting profile, enter historical buckets as 24. and enter forecast buckets as 12.

E.

For plan scope, select plan horizon as 12 months, forecasting calendar as Gregorian, and forecasting time level as month.

F.

For plan scope, select plan horizon days as 365. forecasting calendar as Gregorian, and forecasting time level as month.

Question 11

In order for Supply and Demand Plans to run successfully, which three Configure Planning Analytic tasks must be completed? (Choose three.)

Options:

A.

Set up Levels and Attributes

B.

Set up Measure Catalogs

C.

Run the Configure Dimension Catalog process

D.

Set up Default Catalogs

E.

Set up Dimension Catalogs

F.

Set up Hierarchy Attributes

Question 12

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?

Options:

A.

Planning process reduces the demand based on shrinkage factor and keeps the supply quantity as is.

B.

Planning calculation does not support shrinkage functionality.

C.

Planning calculates no additional demand but creates the additional required supply based on shrinkage factor.

D.

Planning calculation creates scrap demand to compensate for loss and maintains supply.

Question 13

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?

Options:

A.

Minimum Order Quantity

B.

Fixed Lot Size Multiplier

C.

Maximum Order Quantity

D.

Fixed Order Quantity

E.

Rounding

Question 14

During a client implementation, it is determined that an external forecast will need to be imported into Planning Central for use as a Demand Schedule in a Supply Plan.

What three steps must be executed to enable the successful load of the External Forecast file? (Choose three.)

Options:

A.

CSV file must be generated.

B.

Collect Planning Data Process must be run from Planning.

C.

Collect Legacy Data Process must be run from Planning.

D.

Load Interface File for Import Process must be run.

E.

Flat File must be zipped.

Question 15

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

Options:

A.

Work orders

B.

On-hand inventory

C.

Purchase requisitions

D.

Purchase orders

E.

Transfer orders

F.

Planned Orders

Question 16

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

Options:

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 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.

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. Any subsequent demand plan run can change final shipments or bookings forecast values that will automatically update the approved forecast measures.

Question 17

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

Options:

A.

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

B.

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

C.

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

D.

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

Question 18

Which two statements are true about the seeded (predefined) Contract Manufacturing roles? (Choose two.)

Options:

A.

Users with the Supply Chain Operations Manager role can access the Supply Chain Collaboration work area.

B.

Users with the Contract Manufacturer role can access the Supplier Portal to upload their production updates.

C.

Users with the Supplier Inventory Manager role don't need access to the Supplier Portal because they already have access to the Supply Chain Collaboration work area.

D.

Users with the Supply Chain Operations Manager role need access to the Supplier Portal to see their updates and what's in progress.

E.

Users with the Supplier Inventory Manager role can access the Supplier Portal.

Question 19

The five pre-configured review stages of a Sales and Operations Planning process are Product Review, Demand Review, Supply Review, Financial Review, and Executive Review.

If Product Review is NOT an integral part of your company’s S&OP process, how do you configure the system to ignore it?

Options:

A.

In Manage Planning Cycles, right-click the Product Review tab. and select Delete.

B.

It is not possible to ignore any of the 5 pre-configured review stages.

C.

In Manage Planning Cycles, do not add any participants or tasks for the Product Review stage.

D.

In Manage Planning Cycles, go to the Actions menu, select Configure Stages, and set Enabled for Product Review to No.

Question 20

Which statement is NOT true about Collect Planning Data?

Options:

A.

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

B.

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

C.

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

D.

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

Question 21

Which release recommendation parameter can you utilize to govern the behavior of the auto-release process?

Options:

A.

Release Only by User

B.

Auto-Release Interval in Days

C.

Auto-Release Planned Order Time Fence

D.

Quick Release Time Fence

E.

Compression Days Tolerance for Automatic Release

Question 22

You want to be able to filter your data by the planner code attribute on the item. Where can you go to do this?

Options:

A.

Configure Planning Analytics > Levels and Attributes tab

B.

The process "Add Levels and Attributes" must be run to associate new attributes.

C.

The process "Associate Measure Catalog Attributes" must be run to associate new attributes.

D.

Enable planner code on Planning Analytics page.

E.

Configure Planning Analytics > Measure Catalog

Question 23

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

Options:

A.

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

B.

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.

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.

Question 24

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?

Options:

A.

Planned Order for 200. Maximum Order Quantity enabled

B.

Planned Order for 100. with Minimum Order Quantity enabled

C.

Planned Order for 150, with Rounding enabled

D.

Planned Order for 200. with Fixed Lot Size Multiplier enabled

E.

Planned Order for 149, with Fixed Order Quantity enabled

Question 25

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:

A.

No sourcing rules have been defined for the configured item.

B.

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

C.

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.

D.

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.

E.

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

Question 26

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

Options:

A.

It does not recognize forecast exceptions.

B.

It reads published planning data from interface tables.

C.

It received supplier commits.

D.

It creates or updates an order forecast, used by Supply Chain Collaboration to publish to suppliers.

Question 27

Which three statements are true regarding exceptions? (Choose three.)

Options:

A.

The conditions under which exceptions are generated can be modified.

B.

You can act on an exception by selecting it and clicking 'Resolve exception'. A list of ways to resolve will be generated.

C.

The calculation logic for exceptions can be modified.

D.

You can drill down into Supplies and Demand from an exception line.

E.

You can export exception tables to Excel.

F.

You can create custom exceptions.

Question 28

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

Options:

A.

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

B.

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

C.

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

D.

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

E.

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

Question 29

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:

A.

Drop Ship Item Validation Org has not been set up.

B.

Drop Ship Demand Class has not be set up.

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.

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

Question 30

You are a demand planner and you want to generate forecast for all laptop and desktop products in the US business unit. You are using standard enterprise and product hierarchy. You have created a demand plan and now you must define plan scope.

Identify three valid steps. (Choose three.)

Options:

A.

For plan parameters, select forecasting calendar as Gregorian and time level as week.

B.

For forecasting items, select hierarchy as product, level as category level 1, and laptop and desktop categories as level members.

C.

For plan parameters, select forecasting calendar as Gregorian and time level as month.

D.

For plan organizations, select hierarchy as enterprise, level as country, and US as level member.

E.

For forecasting items, select hierarchy as product, level as product, and all laptop and desktop products as level members.

F.

For plan organizations, select hierarchy as enterprise, level as business unit, and US and level member.

Question 31

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

Options:

A.

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

B.

It can be a Cost Organization.

C.

It is not required in order to use drop shipments.

D.

It cannot be an item organization.

E.

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

F.

It can be an item organization.

Question 32

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:

A.

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

B.

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

C.

Select sales orders as forecast profile.

D.

Select forecast shipments as forecast profiles.

E.

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

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Total 109 questions