Oracle 1Z0-221 Online Practice Questions and Exam Preparation

Oracle 1Z0-221 Online Questions & Answers

• Question 141:

  Which data is received by Oracle Order Management from Oracle Inventory?

  A. shipping, reservations, and demand information
  B. demand information and ATP/on-hand quantities
  C. units of measure, items, reservations and ATP/on-hand quantities
  D. units of measure, items, demand information, and ATP/on-hand quantities
  C. units of measure, items, reservations and ATP/on-hand quantities

• Question 142:

  Select one accurate and comprehensive description of the content scope of an ABC compile?

  A. performed at the inventory organization level only
  B. performed at the individual subinventory level with a choice to include the same items from all subinventories in the organization
  C. performed at the inventory organization or individual subinventory level
  D. performed at the individual subinventory level only
  C. performed at the inventory organization or individual subinventory level

• Question 143:

  For performing an ABC analysis, you need to define these three: Which two are correct actions? (Choose two.)

  

  A. Link an ABC compile to an ABC group.
  B. Assign an ABC group to an ABC class.
  C. Assign an ABC class to an ABC group.
  D. Link an ABC group to an ABC compile.
  A. Link an ABC compile to an ABC group.
  C. Assign an ABC class to an ABC group.

• Question 144:

  Your client wants to implement re-order point planning for some of the items in the organization. They currently use min-max planning. What is the minimum amount of information that needs to be changed on the items the customer wishes to plan?

  A. Safety Stock Quantity, and Forecast
  B. Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, Order Cost, and Maximum Order Quantity
  C. Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost
  D. Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, Order Cost, and Minimum Order Quantity
  E. Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, and Order Cost
  E. Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, and Order Cost

• Question 145:

  Your cycle count has the following setup:

  Cycle count variance approval tolerances defined; Approval Required option set to "If out of tolerance"; Automatic Recounts selected with a maximum of three. If the first cycle count actual quantity entered for your item exceeds the approval

  tolerance specified, Oracle Inventory ____.

  A. automatically approves and posts the cycle count adjustment
  B. holds the cycle count adjustment for approval and posts it after approval
  C. holds the cycle count adjustment for a recount and does not post the adjustment
  D. holds the cycle count adjustment for approval and does not post the adjustment
  C. holds the cycle count adjustment for a recount and does not post the adjustment

• Question 146:

  A customer produces stents at several factories that are set up as inventory organizations. The company needs the ability to uniquely identify each stent and know which factory produced it. Regulations require that each stent be identified by 16-characters. What would you do to meet this requirement?

  A. Set up serial control, by using the prefix for the factory, and a starting serial number of 15 characters. Set Uniqueness to Across Organizations.
  B. Use lot control, by using the prefix for the factory, and total length of 16 characters. Set Uniqueness to None.
  C. Use lot control, by using the prefix for the factory, and total length of 15 characters. Set Uniqueness to None.
  D. Set up serial control, by using the prefix for the factory, and a starting serial number of 16 characters. Set Uniqueness to Across Organizations.
  A. Set up serial control, by using the prefix for the factory, and a starting serial number of 15 characters. Set Uniqueness to Across Organizations.

• Question 147:

  For which functional area(s) must item attributes be defined so that an item is just an inventory item?

  A. Main, Inventory and Order Management
  B. Main and Inventory
  C. Main, Inventory, Order Management, Purchasing and Work in Process
  D. Inventory only
  E. Inventory, Order Management and Purchasing
  B. Main and Inventory

• Question 148:

  The following table shows the values for quantity variance and adjustment value tolerances for an item in a cycle count:

  Item Attributes Value

  Item Standard Cost - $10.00

  Positive Quantity Variance - Tolerance 5%

  Negative Quantity Variance - Tolerance 10%

  Positive Adjustment Value - Tolerance $200

  Negative Adjustment Value - Tolerance $250

  Given that the system count is 100, which value would be considered a Positive Quantity Variance that requires approval, and also considered a Positive Adjustment Value?

  A. The count quantity equals 122.
  B. The count quantity equals 106.
  C. The count quantity equals 88.
  D. The count quantity equals 73.
  A. The count quantity equals 122.

• Question 149:

  Which statement is true about a replenishment counting system?

  

  A. 1, 2 and 3
  B. 1 and 3
  C. 1 only
  D. 2 only
  E. 3 only
  E. 3 only

• Question 150:

  Select all the control options and restrictions that can be applied to an item.

  

  A. 1, 2, 3, 4 and 5
  B. 2, 3, 4 and 5
  C. 2, 4 and 5
  D. 2, 3 and 4
  E. 1, 2, 3 and 5
  A. 1, 2, 3, 4 and 5