Jan-2024 Oracle 1z0-1066-23 Actual Questions and 100% Cover Real Exam Questions
1z0-1066-23 Free Exam Questions and Answers PDF Updated on Jan-2024
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NEW QUESTION # 14
Which KPIs are available to measure forecasting accuracy and specify how these measures aggregated from item-organization level to higher levels.
- A. MAPE, MFE, and Bias are used to measure forecast accuracy. MAPE and Bias are aggregated using weighted average. MFE is aggregated using sum.
- B. MAPE, MFE, and Bias are used to measure forecast accuracy. MAPE and MFE are aggregated using weighted average. Bias is aggregated using sum.
- C. MAPE, MAD, and Bias are used to measure forecast accuracy. MAPE and Bias are aggregated using weighted average. MAD is aggregated using sum.
- D. MAPE, MAD, and Bias are used to measure forecast accuracy. MAD and Bias are aggregated using sum. MAPE is aggregated using weighted average.
Answer: D
NEW QUESTION # 15
What are two characteristics of an 'Item' organization? (Choose two.)
- A. It includes parameter definition, including lot. serial number, and item sourcing rules.
- B. It requires financial and accounting setups.
- C. It is ideal for deployments where inventory management may not be installed.
- D. It does not physically of financially track material storage or movement.
Answer: C,D
NEW QUESTION # 16
Which statement order is NOT true about how to effectively address demand at risk?
- A. Recommendations appear in one of these five categories (or tabs): Expedite Buy Orders. Expedite Planned Orders. Expedite Transfer Orders. Add Resource Availability, and Add Supplier Capacity.
- B. Be aware that recommendations to expedite buy orders not only include purchase orders and requisitions, but also planned buy orders.
- C. When you accept an expedite recommendation, the order is firmed by using the expedite date as the firm date. So when the plan is run after accepting the recommendation, the planning process assumes the supply is available on the firm date.
- D. To maximize effort, use the Recommendations Summary graph and aim for a low number of recommendations with the associated at-risk demand value substantial enough to make a difference in demand fulfillment percentage.
Answer: A
NEW QUESTION # 17
Which feature is NOT available for Sales and Operations Planning plans?
- A. Load Planning Data from Files
- B. Collect Planning Data
- C. Configure Exceptions
- D. View Segmentation Summary
Answer: C
NEW QUESTION # 18
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 similar global consumption levels and then assign a replenishment policy to each group
- B. to group items based on similar consumption levels by warehouse and then assign a replenishment policy to each group
- C. to group items based on user-defined attributes and then assign a replenishment policy to each group
- D. to group items based on item attributes for the product and customer dimensions and then assign a replenishment policy to each group
Answer: D
NEW QUESTION # 19
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 calculation creates scrap demand to compensate for loss and maintains supply.
- D. Planning process reduces the demand based on shrinkage factor and keeps the supply quantity as is.
Answer: C
NEW QUESTION # 20
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 150, with Rounding enabled
- B. Planned Order for 200. with Fixed Lot Size Multiplier enabled
- C. Planned Order for 200. Maximum Order Quantity enabled
- D. Planned Order for 100. with Minimum Order Quantity enabled
- E. Planned Order for 149, with Fixed Order Quantity enabled
Answer: B
NEW QUESTION # 21
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?
- A. 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 'reset to original' > under the 'Value' column enter 10
- B. 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
- C. 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
- D. 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
Answer: D
NEW QUESTION # 22
What is one method of associating a Safety Stock Quantity value to an item?
- A. Upload the value using File Based Data Import (FBDI)
- B. Run the Safety Stock Quantity Update Process.
- C. Enter your value in the Safety Stock Quantity Override column in the Items page.
- D. Enter your value in the Safety Stock Quantity column in the Items page.
Answer: D
NEW QUESTION # 23
You want to be able to filter your data by the planner code attribute on the item. Where can you go to do this?
- A. Configure Planning Analytics > Measure Catalog
- B. The process "Associate Measure Catalog Attributes" must be run to associate new attributes.
- C. Enable planner code on Planning Analytics page.
- D. Configure Planning Analytics > Levels and Attributes tab
- E. The process "Add Levels and Attributes" must be run to associate new attributes.
Answer: C
NEW QUESTION # 24
Which four actions does Demand Management enable you to do? (Choose four.)
- A. Run an unlimited number of forecast simulations to see impacts of changes in the price, running a marketing campaign, shift in weather, demand upside request, and so on.
- B. Simulate changes to the dependent options forecast for build to stock items.
- C. Perform side-by-side analysis on a multiple number of scenarios, and see the impact on operational and financial objectives.
- D. Simulate how changes to forecasting models and parameters have an immediate impact on the statistical forecast.
- E. Simulate the impact of introducing new products in particular geographic areas.
Answer: A,C,D,E
NEW QUESTION # 25
Your client has made a change to item costs. What type of collection do they need to run to only pick up this change?
- A. Item costs cannot be updated via a data collection processes.
- B. Run targeted collection for item costs.
- C. Must run full data collection. It is not possible to update just item costs.
- D. Run net change collection for item costs.
- E. Item costs is automatically updated. No data collection is necessary.
Answer: B
NEW QUESTION # 26
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.)
- A. You have not been assigned the Materials Planner role.
- B. The Planner field will be null for all items.
- C. Planned Orders will not release successfully.
- D. Your client has not been assigned the Material Planner role.
- E. Collect Planning Data has not been run for Material Planners.
Answer: B,C,D
NEW QUESTION # 27
You are setting up the plan page layout for your customer.
In which of these requirements would you use an Infotile?
- A. Showing customer demand trend over a specific time period
- B. Showing inventory values by product category
- C. Showing inventory value across time
- D. Showing on-hand value compared to targets
- E. Showing a breakdown of exception in a pie chart
Answer: C
NEW QUESTION # 28
Which set of transaction types data are uploaded in Contract Manufacturing Collaboration?
- A. Work-order Completions
- B. Component Material Issues, Work-order Completions, Shipment Confirmations
- C. Planned orders, Planned Order Commits
- D. Component Material Issues, Work-order Completions
Answer: D
NEW QUESTION # 29
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. When editing plan options, click Save and Run.
- C. From Setup & Maintenance, in the Planning functional area, select a plan and click the Run icon.
- D. Launch via a scheduled process.
Answer: C
NEW QUESTION # 30
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.
- A. Open a table and select View, Format Measures to find the measure. Now select pound as primary UOM and kilogram as secondary UOM.
- B. Open a table and select Actions, View Table Configuration and click UOM tab. Select primary UOM as pound and secondary UOM as kilogram.
- C. 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.
- D. 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.
Answer: A
NEW QUESTION # 31
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. Customer
- B. Supplier
- C. Item
- D. Transaction Type
- E. Material Planner
- F. Demand Class
Answer: A,B,C
Explanation:
NEW QUESTION # 32
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