Microsoft MB-330 Online Practice Questions and Exam Preparation

Microsoft MB-330 Online Questions & Answers

• Question 421:

  DRAG DROP

  You need to configure the system to meet the inventory team cost control requirement.

  Which processes should you run? To answer, drag the appropriate processes to the correct requirements. Each process may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

  NOTE: Each correct selection is worth one point.

  Select and Place:

  

  

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  https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/inventory-close

• Question 422:

  You need to configure the structure for the new line of perfumes.

  What should you do first?

  A. Create a procurement category hierarchy.
  B. Create a new product with racking dimensions.
  C. Create a new product with storage dimensions.
  D. Create product configurations.
  E. Set up a new product master and implement serial tracking.
  E. Set up a new product master and implement serial tracking.

• Question 423:

  You need to reduce the fulfillment team's workload.

  Which form should you use?

  A. Default order settings
  B. Item model group
  C. Sales and marketing parameters
  D. Released products
  E. Product and information management parameters
  A. Default order settings

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  Explanation

  https://docs.microsoft.com/en-us/dynamics365/supply-chain/production-control/default-order-settings

• Question 424:

  HOTSPOT

  A company is implementing Dynamics 365 Supply Chain Management. The company uses subcontracted services on its bills of material (BOMs).

  You must set up and release a subcontractor item so that it can be included on the BOM and subcontractor charges are included in the BOM calculation. Because the subcontractor is a step included in a BOM but not a tangible item, inventory for the item must not be tracked in the warehouse.

  You need to set up the subcontractor item and release the item to the company.

  What should you configure? To answer, select the appropriate options in the answer area.

  NOTE: Each correct selection is worth one point.

  

  

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  Box 1: BOM line

  You must set up and release a subcontractor item so that it can be included on the BOM and subcontractor charges are included in the BOM calculation.

  To be considered in planning and cost calculation, the service must be added to the BOM. The BOM line must be of the Vendor type, and it must be allocated to the route operation that the service is allocated to. This route operation must have a costing resource and resource requirement that point to a resource of the Vendor type that connects the operation and the related service to the corresponding vendor account.

  Box 2: Clear stocked product

  Because the subcontractor is a step included in a BOM but not a tangible item, inventory for the item must not be tracked in the warehouse.

  Subcontracting of route operations

  To use subcontracting of route operations for production or batch orders, the service product that is used for the procurement of the service must be defined as a product of the Service type. Additionally, it must have an item model group that has the Stocked product option under Inventory policy set to Yes. This option defines whether a product is accounted as inventory on product receipt (Stocked product = Yes), or whether the product is expensed on a profit and loss account (Stocked product = No).

  Although this behavior might seem contradictory, it's based on the fact that only products that have this policy will create inventory transactions that can be used in cost control to calculate planned cost and determine the actual cost when a production order is ended.

• Question 425:

  A company implements Dynamics 365 Supply Chain Management. The company uses the demand forecasting service to generate a statistical baseline forecast for one allocation key at a time.

  The process takes too long to complete.

  You need to ensure better performance of the service.

  What should you configure?

  A. Storage account name
  B. Storage account key
  C. Custom storage account
  D. Request response mode
  D. Request response mode

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  Explanation

  If the forecast is not generated for a big set of items, but, for example, for one item or one item allocation key at a time, then in order to get better performance, you can select the Use request response mode check box on the Master planning - Setup - Demand forecasting - Demand forecasting parameters - Azure Machine Learning tab.

  https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/generate-statistical-baseline-forecast

• Question 426:

  DRAG DROP

  A company uses Dynamics 365 Supply Chain Management to sell automobile tires.

  The company sells different models of tires. Each model is available in different diameter sizes. The combination of a model and its diameter represents an individual stock keeping unit (SKU).

  The manufacturer's suggested retail price (MSRP) and purchase prices can vary between variants. The purchase price for the variants will change over time, but the MSRP will never change once it is configured. All price changes must be documented systematically. The MSRP must be the default selling price for the item if no other pricing is available.

  You need to configure the prices for the tires.

  Which configurations should you use? To answer, drag the appropriate configurations to the correct requirements. Each configuration may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.

  NOTE: Each correct selection is worth one point.

  Select and Place:

  

  

• Question 427:

  A company is implementing Dynamics 365 Supply Chain Management in one legal entity that contains Sitel1 and Site2.

  ItemA is a configured item with configurations ConfigA and ConfigB.

  The business decides to stop buying ItemA ConfigB into Site2 but will still it at Site.

  You must configure ItemA to ensure the buying rules are implemented What should you configure?

  A. Variant group
  B. Variant suggestions
  C. Default order rules
  D. Select product variants to release
  D. Select product variants to release

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  Explanation

  Release product variants

  You can release product variants when you release the product master. You can also release the variants or any new variants at any time.

  https://learn.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/key-tasks-release-products#release-product-variants

• Question 428:

  HOTSPOT

  A company is implementing Dynamics 365 Supply Chain Management. Inventory is valued through FIFO costing.

  The company is preparing for cutover and go-live activities. The accounting manager wants to ensure that on-hand inventory is brought into Dynamics 365 Supply Chain Management at the correct cost.

  ItemA has the following costing tiers:

  1. Tier 1: 20 each, $5

  2. Tier 2: 20 each, $10

  3. Tier 3: 20 each, $15

  You need to configure the item and journals to meet the cutover requirement.

  What should you configure? To answer, select the appropriate options in the answer area.

  NOTE:Each correct selection is worth one point.

  

  

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  Box 1: item model group

  Item model groups contain settings that determine how items are controlled and handled on item receipts and issues. They also determine how item consumption is calculated.

  Select FIFO for this procedure.

  Note: FIFO with the Include physical value option If the Include physical value checkbox is selected for an item on the Item model group page, the system uses both physical and financial receipt transactions to calculate the running average cost price. Where applicable, the system also adjusts the physically updated issue transaction. Inventory close that uses the FIFO inventory model makes settlements only to transactions that are financially updated. The illustration that follows shows these transactions:

  1a. Inventory physical receipt for a quantity of 1 at a cost of USD 10.00 each. 1b. Inventory financial receipt for a quantity of 1 at a cost of USD 10.00 each. 2a. Inventory physical receipt for a quantity of 1 at a cost of USD 20.00 each. 2b. Inventory financial receipt for a quantity of 1 at a cost of USD 22.00 each

  Box 2: Counting by tier

  Counting journals let you correct the current on-hand inventory that is registered for items or groups of items, and then post the actual physical count, so that you can make the adjustments that are required to reconcile the differences. You can associate counting policies with counting groups to help group items that have various characteristics, so that those items can be included in a counting journal.

• Question 429:

  You need to address the inventory costing requirements.

  What are two possible ways to achieve the goal? Each answer represents a complete solution.

  NOTE: Each correct selection is worth one point

  A. Use FIFO with marking.
  B. Create purchase orders from sales orders.
  C. Set up commodity pricing.
  D. Create a costing version.
  E. Set up a costing sheet.
  D. Create a costing version.
  E. Set up a costing sheet.

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• Question 430:

  A company uses Dynamics 365 Supply Chain Management.

  A customer negotiated a sales price for 100 items for the next 60 days. Management reviews reports on how many items the customer has purchased at this price. The customer has an existing order for the agreed sales agreement quantity. The customer calls to add an additional quantity that exceeds the sales agreement maximum amount. The customer is not entitled to the discounted sales price outside of the agreement.

  You need to ensure that the customer receives the ordered amount and that the management reports are correct.

  Which action should you perform?

  A. Modify the sales agreement quantity as unconfirmed.
  B. Edit the sales order quantity and when prompted to save changes, select Yes.
  C. Modify the sales agreement to clear the Max Enforced checkbox and do not confirm.
  D. Create a new sales order for the quantity that exceeds the sales agreement amount.
  B. Edit the sales order quantity and when prompted to save changes, select Yes.

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  Explanation

  https://docs.microsoft.com/en-us/dynamics365/supply-chain/sales-marketing/tasks/enter-sales-agreements