Online 1Z0-1066-24 Practice Test

Question 1

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.

Answer: A,C,D

Question 2

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

Answer: C

Question 3

A new product has no similar items on which to base a forecast. Which approach is a temporary solution for supply planning?

Options :

A : There is no temporary solution.

B : Consider safety stock based on a days-of-cover calculation.

C : Consider a simulation of the supply plan-s calculated safety stock.

D : Use safety stock as demand, until enough shipment history is available.

Answer: D

Question 4

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.

Answer: B,D

Question 5

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.

Answer: A

EXPERTY DESIGNED 1Z0-1066-24 PRACTICE TEST