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1z0-1066-22 Questions and Answers

Question # 1

Which KPIs are available to measure forecasting accuracy and specify how these measures aggregated from item-organization level to higher levels.

A.

MAPE, MAD, and Bias are used to measure forecast accuracy. MAD and Bias are aggregated using sum. MAPE is aggregated using weighted average.

B.

MAPE, MAD, and Bias are used to measure forecast accuracy. MAPE and Bias are aggregated using weighted average. MAD is aggregated using sum.

C.

MAPE, MFE, and Bias are used to measure forecast accuracy. MAPE and Bias are aggregated using weighted average. MFE is aggregated using sum.

D.

MAPE, MFE, and Bias are used to measure forecast accuracy. MAPE and MFE are aggregated using weighted average. Bias is aggregated using sum.

Question # 2

When planning for customer demand to be fulfilled from internal organizations or from a contract manufacturer, what are the four types of planned orders that can be generated? (Choose four.)

A.

Make orders for items being manufactured in the contract manufacturer organization.

B.

Transfer orders for internally owned components being transferred from contract manufacturer to internal organizations.

C.

Transfer orders for internally owned components being transferred from internal organizations to contract manufacturer organizations.

D.

Transfer orders for finished goods being transferred from contract manufacturer organizations to internal organizations.

E.

Buy orders for components purchased at internal organizations and contract manufacturer organizations.

F.

Return orders for items being manufactured in the contract manufacturer organization.

Question # 3

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 'set value as' > under the 'Value' column enter 10

B.

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

C.

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

D.

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

Question # 4

Your client uses product categories and global sourcing rules for supply planning. However, their newest product doesn't follow these rules. For a specific item in the category, it needs to be sourced from a different supplier globally.

How should they set this up for the easiest maintenance, going forward?

A.

Create a new global sourcing rule for the item; remove the category level assignments and create new item level assignments for all items in the category pointing each to the correct global sourcing rule.

B.

Create a new local sourcing rule for the item; assign it to the assignment set at the item level; leave the category as is for the remainder of the products.

C.

Create a new global sourcing rule for the item; assign it to the assignment set at the item-organization level; leave the category as is for the remainder of the products.

D.

Create a new global sourcing rule for the item; assign it to the assignment set at the item level; leave the category as is for the remainder of the products.

E.

Create a new global sourcing rule for the item; assign it to the assignment set at the item-organization level; alter the category to be category-organization for the remainder of the products.

Question # 5

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.)

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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