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1z0-1066-24 Oracle Planning and Collaboration Cloud 2024 Implementation Professional Questions and Answers

Questions 4

Your company needs to implement project-driven supply planning, along with demand and supply netting based on the country of origin. Which setup task is needed for this?

Options:

A.

Manage Demand and Supply Netting Rules task

B.

Manage Attribute-Based Netting Rules task

C.

Manage Project Netting Rules task

D.

Manage Attribute and Project Netting Rules task

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Questions 5

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

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Questions 6

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

Options:

A.

Planning analyzes supply shortages and capacity overloads using any of the standard planning tools.

B.

Must use Global Order Promising and Supply Chain Orchestration to release and create new supplies

C.

Must have added sourcing rules to the Global Order Promising assignment set.

D.

Planning pegs reserved supplies to sales orders.

E.

Planning collects bookings or shipments history to forecast items.

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Questions 7

Your buyers are very attentive in maintaining the approved supplier lists as needed. One of your planners regularly uses the portal to communicate with some of their key suppliers and has noticed that the publication process is taking a lot longer to complete because the business has grown. The planner is also complaining that the collaboration candidates' list is cluttered with items that are not yet required.

Which two steps should you take to address the planner's complaint?

Options:

A.

Activate a Supply Chain Collaboration setting to ignore zero forecast combinations.

B.

Activate the "Ignore for Supplier Collaboration" item attribute.

C.

Activate a profile option called "Publish Order Forecast Using Sourcing Rules".

D.

Disable the decomposition and generate candidates' parameters in the Publish Order Forecast scheduled process.

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Questions 8

Which set of transaction types data are uploaded in Contract Manufacturing Collaboration?

Options:

A.

Work-order Completions

B.

Component Material Issues, Work-order Completions

C.

Component Material Issues, Work-order Completions, Shipment Confirmations

D.

Planned orders, Planned Order Commits

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Questions 9

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.

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Questions 10

You are viewing a drop shipment plan for your organization and you want to know which customer the purchase order will be shipped to. Where can you see that?

Options:

A.

You need to first drill down to the sales order from the supply-demand link, then open the sales order to get the customer.

B.

It is visible in the drop ship analytics.

C.

It is not viewable at this time.

D.

You can see the customer on the supply in Supplies and Demand.

E.

You can see the supplier on the sales order, but not vice-versa.

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Questions 11

Which three statements are true about accounting?

Options:

A.

Landed Cost Management gives organizations visibility into their extended supply chain costs.

B.

Supply Chain Orchestration automatically selects the correct process based on user-defined subledger accounting rules when a supply creation is initiated.

C.

Receipt Accounting performs accrual accounting.

D.

Cost method can be assigned at the item level.

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Questions 12

You just ran a Data Collection and want to confirm that certain data was successfully collected. Identify three collected data sets that can be viewed on the Maintain Supply Network Model Page. (Choose three.)

Options:

A.

Safety Stock and Subinventories

B.

Supplier Site and Service Level

C Calendar and Master Organization

C.

Customer Location and Carriers

D.

Customers and Customer Sites

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Questions 13

Which four options can be set as a Demand Schedule in Supply Planning plan options? (Choose four.)

Options:

A.

Final Bookings Forecast

B.

Approved Final Shipments Forecast

C.

Final Transfer Order Forecast

D.

Final Shipments Forecast

E.

Approved Final Bookings Forecast

F.

Approved Final Transfer Order Forecast

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Questions 14

Which four actions does Demand Management enable you to do? (Choose four.)

Options:

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.

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Questions 15

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

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Questions 16

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

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Questions 17

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

Options:

A.

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

B.

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

C.

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

D.

Add demands, cancel demands, reschedule demands, and supply, cancel supply, reschedule supplies

E.

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

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Questions 18

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.)

Options:

A.

Supplier

B.

Item

C.

Transaction Type

D.

Customer

E.

Material Planner

F.

Demand Class

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Questions 19

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.

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Questions 20

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?

Options:

A.

Safety stock will not be calculated at all for this plan.

B.

This option will require a min/max quantity for this parameter even though it will not be used.

C.

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.

D.

Safety stock change interval will only apply to items with Days of Cover safety stock method.

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Questions 21

During the FIFO pegging process, what is the correct order in which the supplies are sorted?

Options:

A.

Peg demands with reservations first and then peg demands that do not have reservations

B.

Pegging process sorts demands by due dates followed by reservation status

C.

Peg unreserved demands first and then demands with reservations

D.

Pegging process does not respect reservation, and demands are sorted based on demand and supply types

E.

Pegging process does not respect reservation, and demands are sorted based on due dates

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Questions 22

Which statement order is NOT true about how to effectively address demand at risk?

Options:

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.

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.

C.

Be aware that recommendations to expedite buy orders not only include purchase orders and requisitions, but also planned buy orders.

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.

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Questions 23

Which is not a potential source for a planning attribute?

Options:

A.

A standard attribute for purchase orders

B.

An extensible flexfield for sales orders

C.

A key flexfield for items

D.

A descriptive flexfield for purchase requisitions or work orders

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Questions 24

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?

Options:

A.

No, Planning Central does not support the Croston Method for Sparse Demand forecasting method.

B.

Yes, Planning Central supports the Regression for Sparse Demand forecasting method, typically used for new products.

C.

Yes, Planning Central supports the Holt Exponential Smoothing forecasting method used for newly introduced products.

D.

No, Planning Central does not support the Regression for Sparse Demand forecasting method.

E.

No, Planning Central does not support the Holt Exponential Smoothing forecasting method.

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Questions 25

Which disaggregation methods are used for each of these measures: adjusted shipments forecast, target service level, and shipments forecast?

Options:

A.

Adjusted shipments forecast uses measure, target service level uses same value, and shipments forecast uses self.

B.

Adjusted shipments forecast uses proportional, target service level uses same value, and shipments forecast uses measure.

C.

Adjusted shipments forecast uses measure, target service level uses same value, and shipments forecast doesn't have any disaggregation method.

D.

Adjusted shipments forecast uses measure, target service level uses equal, and shipments forecast doesn’t have any disaggregation method.

E.

Adjusted shipments forecast uses equal, target service level uses same value, and shipments forecast uses measure.

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Questions 26

Which is the correct sequence of possible solutions that a constrained plan might consider when attempting to resolve a capacity or resource overload?

Options:

A.

First alternate resources, then substitute components, then alternate work definitions and item structures, and finally, alternate suppliers and source organizations.

B.

First alternate suppliers, then alternate resources, then substitute components, then alternate work definitions and item structures, and finally, alternate source organizations.

C.

First subscribe components, then alternate resources, then alternate work definitions and item structures, and finally, alternate suppliers and source organizations.

D.

First alternate item structures, and work definitions, then substitute components, then alternate resources, and finally, alternate suppliers and source organizations.

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Questions 27

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

Options:

A.

The predefined measure catalog is not the system default.

B.

The measure catalog has a collection of measures that you can enable for use in a single plan in the Planning Central work area.

C.

You can restrict access to Measure Catalogs using Administer Data Security.

D.

You can add or remove measures from a measure catalog.

E.

Measure catalogs are defined in the system to improve the performance of the plan.

F.

You navigate to Configure Measure Catalogs to edit the Catalog.

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Questions 28

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

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Questions 29

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.

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Questions 30

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.

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Questions 31

Segmentation was last run many months ago and the replenishment planner is concerned about losing track of items whose policies get changed due to the upcoming resegmentation. There are also a lot of manually assigned segments that must be preserved. Which two approaches for Execute Segmentation should you use in this planner?

Options:

A.

Save the last segmentation result should be selected.

B.

No other setting is needed.

C.

Auto-approve segmentation changes should not be selected.

D.

Retain segment overrides should be selected.

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Questions 32

Which list of parameters is available for selection when you run the Start Backlog Planning scheduled process?

Options:

A.

Priority Rule. Organization. Demand Class, Item. Customer

B.

Demand Priority Rule. Organization. Demand Class. Item. Customer

C.

Backlog Priority Rule. Organization. Category. Item. Customer

D.

Demand Priority Rule. Organization. Category. Item, Customer

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Questions 33

Which three statements are true regarding Managing Units of Measure? (Choose three.)

Options:

A.

A unit of measure conversion is a mathematical relationship between two different units of measure.

B.

You must define a unit of measure class with a base unit of measure.

C.

Non-standard, intraclass conversion rates can't be item specific.

D.

A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.

E.

If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must also define conversions between the base units of measure of the different UOM classes.

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Questions 34

Which two are valid settings when defining a replenishment planning cluster?

Options:

A.

Location hierarchy (required)

B.

Sweep location (required)

C.

Reserved safety stock percentage (optional)

D.

Source system (required)

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Questions 35

When creating a new replenishment plan, what are the required plan options?

Options:

A.

Segment Group. Segments. Policy Assignment Set

B.

Segment Group. Inventory Policies. Policy Assignment Set

C.

Segment Group. Segments. Inventory Policies

D.

Segment Group. Segments. Inventory Policies. Policy Assignment Set

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Questions 36

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

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Questions 37

Your client wants to exclude all of the inventory from the 'Reject' subinventory from only one of their supply plans. What action must be taken to meet this requirement?

Options:

A.

Manage Plans > Search and select supply plans > 'Organizations and Schedules' tab > 'Organizations' > 'Subinventory Netting' > Deselect 'Reject' subinventory for each organization

B.

Manage Subinventories > Search and select subinventory > Deselect 'Nettable'

C.

It is not possible to exclude one subinventory from a particular supply plan.

D.

Manage Plans > Search and select supply plans > 'Organizations and Schedules' tab > 'Supply Schedules' > 'Subinventory Netting' > Deselect 'Reject' subinventory for each organization

E.

Manage Subinventories > Choose a material status in which 'Nettable' is unchecked

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Questions 38

Which four types of items are eligible to be included as Supply Planned Items in the Supply Plan? (Choose four.)

Options:

A.

Demand plan items

B.

WIP components

C.

All planned items

D.

Purchased Items

E.

Supply plan items

F.

All sales orders

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Questions 39

You have created several infotiles based on the client requirements. You now want to group them together for display. How do you accomplish this?

Options:

A.

First build them into an info set in Manage Infosets. Then open the info set on the plan by going to Open (choose area) > Choose info set.

B.

No need to group them. Open them directly on the plan going to Open (choose area) > Choose Infotile.

C.

First build them into a tile set in Manage Table, Graphs, and Analysis Sets. Then open the tile set on the plan by going to Open (choose area) > Choose tile set.

D.

First build them into a planning group in Manage Planning Groups. Then open the planning group on the plan by going to Open (choose area) > Choose planning group.

E.

First build them into a planning measure in Manage Planning Measures. Then open the planning measure on the plan by going to Open (choose area) > Choose planning measure.

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Questions 40

Your clients want to simulate how canceling demand may impact a plan. Which two steps must be done to simulate this change? (Choose two.)

Options:

A.

Run plan with 'Do not refresh with current data'

B.

Manage Plans > Edit Plan Options > Add simulation set

C.

Open plan > View Supplies and Demands > Firm the demand and set firm quantity to 0 > Save changes

D.

Open plan > View Supplies and Demands > Remove the sales order from the plan and firm demand > Save changes

E.

Run plan with 'Refresh with current data'

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Exam Code: 1z0-1066-24
Exam Name: Oracle Planning and Collaboration Cloud 2024 Implementation Professional
Last Update: Jun 12, 2025
Questions: 138

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