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  5. Oracle Planning and Collaboration Cloud 2024 Implementation Professional Questions and Answers

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Questions # 1:

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

Options:
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.

Expert Solution
Questions # 2:

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.

Expert Solution
Questions # 3:

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

Expert Solution
Questions # 4:

Which statement fully describes the contents and purpose of the Product Lifecycle Management (PLM) page layout?

Options:
A.

The PLM layout has one table to define and manage discontinuation dates, and another table for entering forecast percent changes.

B.

The PLM layout has one table to define and manage launch and discontinuation dates, and another for entering forecast adjustments.

C.

The PLM layout has two tables: one to define and manage launch dates for new products, and another for entering forecast adjustments.

D.

The PLM layout has a single table to define and manage launch dates, and also enter any forecast adjustments.

Expert Solution
Questions # 5:

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?

Options:
A.

Manage Plans > Search and select supply plan > Supply tab > Organizations and Schedules tab > Remove all demand schedules

B.

Manage Plans > Search and select demand plan > Demand tab > General tab > Select 'Do no spread forecast'

C.

Manage Plans > Search and select demand plan > Demand tab > General tab > Check Demand Time Fence Control

D.

Manage Plans > Search and select supply plan > Supply tab > General tab > Advanced Options > Check 'Create time fence'

E.

Manage Plans > Search and select supply plan > Supply tab > General tab > Check Demand Time Fence Control

Expert Solution
Questions # 6:

Your customer has seasonal demand and wants to generate forecast for next six months. You ran a demand plan for first time using six months of shipments history but the forecast accuracy was low.

Identify two statements that are true in this scenario. (Choose two.)

Options:
A.

Running a demand plan with both shipments and booking forecast profile is required to forecast seasonal demand.

B.

Running a demand plan with less than one year of history will impact seasonal analysis.

C.

Running a demand plan with both shipments and seasonal shipments forecast profile is required to forecast seasonal demand.

D.

Running a demand plan with six months of booking history instead of six months of shipment history is required for seasonal demand.

E.

Running a demand plan with 18 to 36 months of shipments history is recommended.

Expert Solution
Questions # 7:

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.

Expert Solution
Questions # 8:

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.

Expert Solution
Questions # 9:

Which statement is NOT true about item attributes?

Options:
A.

The "forecast control" item attribute must be assigned if configure-to-order (CTO) items are being planned.

B.

Many item attributes can be overridden as part of a simulation set that gets applied to a plan.

C.

Some item attributes can be overridden directly in the Items table for simulation purposes.

D.

Supply plans ignore items with the "planning method" attribute set to MPP.

Expert Solution
Questions # 10:

Your Procurement Department is getting ready to set up Approved Supplier Lists that will be needed for Supply Planning. They ask you for what you need on the ASLs for planning usage. Which three options are key for planning? (Choose three.)

Options:
A.

Make sure to include Maximum Order Quantities.

B.

Make sure to include Minimum Order Quantities.

C.

Make sure to include Fixed Lot Multipliers.

D.

Make sure to include Fixed Order Quantities.

E.

Make sure they are at a Global level.

F.

Make sure all Local level ASLs include an Organization.

Expert Solution
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