Free Microsoft Dynamics 365 for Finance and Operations – Manufacturing Exam MB-320 Exam Practice Test

You have updated a cost category price from $5.00 to S7.00. You process a production order which uses the cost category. After ending the order, you realize a new standard cost was not calculated after the price update. You need to validate how this impacted the financial voucher transactions. What transaction would you see in the general ledger?

• $2.00 debit to the production price variance account
• $2.00 credit to the production price variance account
• $2.00 debit to the production quantity variance account
• $2.00 credit to the lot size variance account

A manufacturing company uses discreet manufacturing to make skateboards. Production order picking listsare manually posted after finished goods are reported as finished.A production order has six picking lists posted. The quantities on the picking lists do not match any of thereported or finished quantities. This causes an inventory error for the raw materials. All raw materialtransactions must be tracked on production order and reconciled.You need to process a single picking list for each production order.What should you do first?

• Create a movement journal and select the proper account for production postings to reconcile the inventory that was posted in error
• Delete the six posted picking list journals
• Create a production picking list. When creating lines select option Full reversal.
• Create a counting journal to reconcile the inventory that was posted in error.

A manufacturing company is implementing production in Dynamics 365 Supply Chain Management.The production scheduler requires that machines not be scheduled to run concurrently when planning production. The scheduler also must be able to see the scheduling m a graphical view.You need to configure the system to meet the requirements.Which three options should you configure? Each answer presents a partial solution.NOTE: Each correct selection is worth one point

• finite capacity
• Capable to Promise
• bottleneck resource
• job scheduling
• operations scheduling

You produce 100 total units of finished goods. The amount of material used to produce the goods is the equivalent amount of material needed to produce 105 finished goods. The company must track variances in material compared to the original estimated amount You must only use one picking list journal for each production order. You need to post a picking list that accounts for the material required to produce 105 finished goods. What should you do?

• Post a picking list for 100 to account for the originally estimated amount. Post an additional picking list to account for the equivalent amount of material to produce 5 finished goods.
• Report as finished five additional units into the good quantity and post a picking list for only the originally estimated amount.
• In the Bill of materials production details, edit the estimated amount for each line to equal 105 units of raw material.
• When creating the lines for a picking list, select the estimated consumption option and override the consumption field with the actual amount to be consumed.

You are a process engineer evaluating Lean vs. Discrete processing. You want to convert a Kanban item. This item has the following Lean setup:* The setup uses a Lean schedule group with a throughput ratio = 2.* The process activity tied to production flow has the following runtime activity times: time = 3 min, per quantity = 1.* The work cell capacity has a model type of Throughput and an average throughput quantity of 60 per a capacity period of standard workday (8 hour day).* The throughput is 10 per hour.You need to set up a Discrete operation to mirror the item's production flow activity.

• Create a route with a runtime = 1, a process quantity = 1, and the operation's hours/time = 0.0167 (e.g. 1 hour/ 60 minutes).
• Create a route with a runtime = 1, a process quantity = 10, and the operation's 'hours/time = 1.
• Create a route with a runtime = 6, a process quantity = 1, and the operation's hours/time = 1.
• Create a route with a runtime = 1, a process quantity = 6, and the operation's hours/time = 1.

Note: This question is part of series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.A manufacturing company has a new speaker that is available with standard and premium carbon fiber options.For the premium option, speakers are made to order. Customers can choose from seven product attributes at different prices.You need to create and configure the product and pricing for the new speaker.Solution: Create a dimension-based product master with variants and use the trade agreements to specify the different pricing.Does the solution meet the goal?

• Yes
• No

You need to set up the metal production route and BOM.Which three actions should you perform? Each correct answer presents part of the solution.NOTE: Each correct selection is worth one point.

• Set the operation route type as Standard.
• Set the input warehouse on the resource to the vendor warehouse.
• Set the operation route type as Vendor.
• Set all BOM lines warehouse to the production warehouse.
• Set all the BOM lines to resource consumption.

You are the production supervisor in charge of setting effective cost prices for the labor force in a manufacturing company. It is the end of the year and the labor rates have been recalculated based on new salary data. You need to update the effective labor costs for all labor groups.Which element must be updated?

• cost groups
• shared category
• resource group
• cost category
• production orders

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.A manufacturing plant uses Lean processes. You plan to outsource a painting operation to a subcontracting vendor. You create a service item named SP-01 to represent the painting service.You need to create a subcontracting activity for the painting service.Solution:* Create a purchase agreement for the subcontracting vendor that contains the pricing information for SP-01.* Create a vendor resource and a work cell for outsourced painting, then add the resource to the work cell.* Create a production flow process activity using the painting work cell and the service item as the picking activity.* Create a service term on the activity to tie the purchase agreement to the activity.Does the solution meet the goal?

• Yes
• No

Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.After you answer a question in this section, you will NOT be able to return to it. As a result, these questions will not appear in the review screen.A company implements Dynamics 365 for Finance and Operations for their Lean manufacturing environment.There has been an engineering change to a fixed quantity product that is in production. This change will add an additional processing step as the second step. The existing version must be phased out and replaced by the new version.You need to ensure that the engineering change takes affect at the end of the month.Solution:* Edit the existing production flow and set the expiration date to the end of the month.* Using the existing production flow, create a production flow and version. Set the expiration date to the end of the month. Create an activity for the new process step and add it in the proper sequence.* Create a Kanban rule that uses the last day of the month as the effective date.* Edit the existing Kanban rule. Set the expiration date to the end of the month. Set the new Kanban rule as the replacement Kanban rule.* Activate the new production flow.Does the solution meet the goal?

• Yes
• No