Oracle 1Z0-1023 Online Practice Questions and Exam Preparation

Oracle 1Z0-1023 Online Questions & Answers

• Question 71:

  Your organization has lot controlled and nonlot controlled material and stores all defective material in a subinventory called "Defect." The organization does not want defective material to be available for reservations or for subsequent shipping to customers.

  Which option satisfies this requirement?

  A. Tag the lot as defective product.
  B. Assign the lot a material status that disallows reservations and allows subinventory transfers and issues to scrap.
  C. Put a hold on the lot.
  D. Disallow all inventory transactions for the subinventory "Defect".
  E. Assign the subinventory a material status that disallows reservations and Allows subinventory transfers and issues to scrap.
  E. Assign the subinventory a material status that disallows reservations and Allows subinventory transfers and issues to scrap.

• Question 72:

  Which three statements are true regarding PAR Location Management?

  A. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
  B. If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
  C. A receipt is required on interorganization expense destination transfer orders between the from and to organizations
  D. PAR location management replenishment are calculated at the organization level or subinventory level.
  E. Periodic Automated Replenishment (PAR) enables facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
  A. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
  D. PAR location management replenishment are calculated at the organization level or subinventory level.
  E. Periodic Automated Replenishment (PAR) enables facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.

• Question 73:

  You set up an Item organization and an inventory organization as part of your customor's requirement.

  Your customer has, by mistake, performed a receipt transaction in the Item organization Instead of the inventory organization. How will you rectify the error?

  A. Perform a return of item and receive the item again in the correct organization.
  B. Perform a correct receipt transaction and receive the item in the correct organization.
  C. Perform a new receipt in the correct organization and retain the stock in Item organization because it does not affect any other operation.
  D. It is not possible to receive item in the item organization.
  D. It is not possible to receive item in the item organization.

• Question 74:

  What are the four steps for the move request process flow?

  A. Confirm pick slips
  B. Run the Movement Request Pick Slip Report
  C. Create shipment
  D. Physically move the material
  E. Run pick slip allocation
  F. Create Movement Request
  A. Confirm pick slips
  B. Run the Movement Request Pick Slip Report
  D. Physically move the material
  F. Create Movement Request

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  https://fga.fa.us1.oraclecloud.com/fscmUI/topic/TopicId_P_8F21C92CDB35134FE040D30A6881406F

• Question 75:

  What three Key Performance Indicators are available in the Warehouse Operations Dashboard?

  A. Inventory Value
  B. Cycle Count
  C. Shipment Value
  D. Exact Matches Rate
  E. Distributed Value
  F. Hit or Miss Accuracy
  A. Inventory Value
  D. Exact Matches Rate
  F. Hit or Miss Accuracy

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  https://docs.oracle.com/cloud/farel12/scmcs_gs/FAMML/FAMML1153520.htm#FAMML1153513

  Warehouse Operations Key Performance Indicators: Explained

  Key performance indicators (KPIs) measure how well an organization or individual performs an operational, tactical, or strategic activity that is critical for the current and future success of the organization.

  The Warehouse Operations Dashboard contains the following KPIs:

  Inventory Value Hit or Miss Accuracy Exact Matches Rate

  Inventory Value

  The Inventory Value KPI shows the total value of inventory owned by your organization. The KPI indicates whether the material is physically available in the warehouse or if the material is in transit. The KPI report enables you to compare the inventory value for a selected time period with the prior year's inventory value for that same time period. You can also compare inventory value by inventory categories. Hit or Miss Accuracy The Hit or Miss Accuracy KPI shows the percentage of the cycle count that falls within the hit and miss tolerances of a total cycle count. This KPI provides the rate of hits during the cycle counting process. The KPI report enables you to

  compare the hit or miss accuracy for a selected time period with the prior year's hit or miss accuracy for that same time period. Exact Matches Rate The Exact Matches Rate KPI shows the exact match entries as a percentage of the total cycle count entries. An exact match entry is an entry where the counted quantity entered is the same as the system quantity. The rate of exact match

  entries obtained during the cycle count is called Exact Matches Rate. The KPI report enables you to compare the exact matches rate for a selected time period with the prior year's exact matches rate for that same time period.