Free Oracle Planning and Collaboration Cloud 2021 Implementation Essentials Exam 1Z0-1066-21 Exam Practice Test

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?

• 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.
  

You are in Implementation project and your customer is a global company with a complex supply chain network. Planners work across different geographies and different line of products. Each planner works with their own set of data and analysis and dashboards.How do you configure the application so each planner can have their own custom dashboard view-able only to themselves?

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

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?

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

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

• The conditions under which exceptions are generated can be modified.
  
• You can act on an exception by selecting it and clicking 'Resolve exception'. A list of ways to resolve will be generated.
  
• The calculation logic for exceptions can be modified.
  
• You can drill down into Supplies and Demand from an exception line.
  
• You can export exception tables to Excel.
  
• You can create custom exceptions.
  

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

• Work orders
  
• On-hand inventory
  
• Purchase requisitions
  
• Purchase orders
  
• Transfer orders
  
• Planned Orders
  

Should value in Adjusted Shipments Forecast measure always be equal to the Final Shipments Forecast measure?

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

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

• 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.
  

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?

• 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.
  

As the planner, you have made some changes to a few of the specifications for items in your simulation sets. You would like to run one of your existing Demand and Supply Plans that contains this simulation set to see how these changes impact the plan.Which option shows the steps you must complete in order to ensure that when you run your existing Demand and Supply plan, it contains your changes to the simulation set?

• When the Demand and Supply Plan is run, verify that 'Recalculate Safety Stock' is selected in the Details section.
  
• You are only able to update one item attribute at a time. Since you have changed multiple attributes, you will be unable to update and run this plan.
  
• When the Demand and Supply Plan is run, verify that 'Refresh with current data' is selected in the Details section.
  
• No additional steps are necessary. Any plans that contain your simulation set will automatically be updated with the changes.
  

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?

• 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