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Oracle Fusion Cloud Applications SCM Foundations Associate - Rel 1 Sample Questions (Q34-Q39):
NEW QUESTION # 34
Which two capabilities within the Predict Demand process in the Demand to Management OMBP make it a powerful tool for demand planning and management?
- A. Demand Sensing.
- B. Statistical Forecasting.
- C. Machine Learning-based Forecasting.
- D. Collaborative Forecasting Platform.
Answer: C,D
Explanation:
The Predict Demand process within the Demand to Management OMBP in Oracle Fusion Cloud SCM leverages advanced capabilities to enhance demand planning. Collaborative Forecasting Platform (A) enables stakeholders-such as sales teams, suppliers, and distributors-to collaborate in real time, inputting qualitative insights (e.g., market trends or promotions) that refine forecasts beyond pure data analysis. For example, a retailer might adjust forecasts based on an upcoming sale confirmed via the platform, improving accuracy. Machine Learning-based Forecasting (B) uses algorithms to analyze historical data, detect patterns (e.g., seasonality or anomalies), and adapt predictions dynamically, making it more precise than traditional methods. For instance, it might identify a spike in demand for umbrellas during unexpected rainy seasons. Option C (Statistical Forecasting) is a traditional method relying on statistical models but lacks the adaptive intelligence of machine learning, though it's still used as a foundation. Option D (Demand Sensing) focuses on short-term demand signals (e.g., point-of-sale data) rather than long-term planning, making it complementary but not a core strength of Predict Demand. Together, A and B empower businesses with both human collaboration and cutting-edge AI, ensuring robust demand planning that balances quantitative and qualitative inputs.
NEW QUESTION # 35
Which feature in Oracle Fusion Cloud SCM tracks and manages real-time production processes?
- A. Manufacturing Execution.
- B. Supplier Qualification.
- C. Inventory Management.
- D. Cost Accounting.
Answer: A
Explanation:
Manufacturing Execution (C) in Oracle Fusion Cloud SCM tracks and manages real-time production processes on the shop floor, capturing data like work order progress, material usage, and labor hours. For example, if a worker completes 100 units, the system logs the time, resources consumed (e.g., 50 kg of steel), and any delays (e.g., machine downtime), providing live visibility. Option A (Supplier Qualification) evaluates suppliers, not production. Option B (Cost Accounting) analyzes costs post-production, not real-time processes. Option D (Inventory Management) tracks stock, not manufacturing activities. This feature ensures production aligns with schedules, identifies bottlenecks instantly, and feeds data into cost and quality systems, enhancing operational control.
NEW QUESTION # 36
Which process in Oracle Fusion Cloud SCM ensures that inventory levels are maintained efficiently?
- A. Supplier Qualification.
- B. Manufacturing Execution.
- C. Cost Accounting.
- D. Replenishment Planning.
Answer: D
Explanation:
Replenishment Planning (D) in Oracle Fusion Cloud SCM ensures inventory levels are maintained efficiently by predicting demand and adjusting supply plans to replenish stock proactively. It uses forecasts and safety stock rules-e.g., ordering 300 units when stock falls to 50 and demand is expected to rise-to prevent shortages or excess inventory. Option A (Supplier Qualification) focuses on supplier evaluation, not inventory maintenance. Option B (Cost Accounting) tracks financials, not stock levels. Option C (Manufacturing Execution) manages production, not replenishment. Replenishment Planning optimizes inventory turnover, reduces carrying costs, and ensures product availability, making it a proactive inventory management tool.
NEW QUESTION # 37
What role does the Inventory Management function play in Oracle Fusion Cloud SCM?
- A. It focuses on reducing supplier costs instead of stock levels.
- B. It manages only supplier shipments, not warehouse stock.
- C. It ensures optimal inventory levels by tracking stock movement and availability.
Answer: C
Explanation:
Inventory Management in Oracle Fusion Cloud SCM ensures optimal inventory levels by tracking stock movement, availability, and replenishment needs across warehouses and supply chains. It monitors quantities on hand, in transit, and on order, using real-time data to prevent overstocking or stockouts. For instance, if a product's stock drops below a reorder point, the system triggers a replenishment alert. Option A is incorrect-reducing supplier costs is a procurement goal, not Inventory Management's focus, which is stock optimization. Option B is wrong as it manages warehouse stock, not just supplier shipments. This function balances inventory costs with service levels, supporting efficient operations and customer satisfaction by ensuring products are available when needed without tying up excess capital.
NEW QUESTION # 38
Which feature in Oracle Fusion Cloud Procurement automates the creation of purchase orders from contracts?
- A. Receipt Accounting.
- B. Intelligent Document Recognition (IDR).
- C. Supplier Portal.
- D. Contract Fulfillment Automation.
Answer: D
Explanation:
Contract Fulfillment Automation (C) in Oracle Fusion Cloud Procurement automates the creation of purchase orders (POs) directly from contract terms, streamlining the procurement process. This feature uses predefined contract details-such as items, quantities, pricing, and delivery schedules-to generate POs without manual intervention. For example, if a contract stipulates 1,000 units of a product at $10 each over six months, Contract Fulfillment Automation triggers POs as needed (e.g., 200 units monthly), ensuring accuracy and compliance with the agreement. Option A (Receipt Accounting) records goods received, not PO creation. Option B (Supplier Portal) enables supplier interaction but doesn't automate PO generation from contracts. Option D (IDR) extracts data from documents like invoices, not contracts for PO creation. This automation reduces errors (e.g., mismatched quantities), saves time, and ensures procurement aligns with negotiated terms, enhancing efficiency and supplier relationships.
NEW QUESTION # 39
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