Practice Free MB-330 Exam Online Questions
You are the inventory manager at a large distribution company.
You notice item P0001 has been running out regularly and the on-hand count seems to differ from what is in Dynamics 365 for Finance and Operations. You want cycle count work to be automatically created when the quantity drops below 10 pieces, which is about once a week.
You need to appropriately configure warehouse management to generate cycle count work.
What should you do?
- A . Create a cycle count plan for item P0001 to run when the quantity is below 10.
- B . Create a cycle count threshold that is percentage based that will generate work when inventory drops
below 10% for item P0001. - C . Create a cycle count threshold that is quantity based and specify 10 for the quantity. Add P0001 as a selected item.
- D . Create a cycle count plan for item P0001. Generate a batch job that runs once a week.
C
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/unified-operations/supply-chain/warehousing/cycle-counting
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
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/sales-marketing/tasks/enter-sales-agreements
DRAG DROP
A company uses Dynamics 365 Supply Chain Management. The company purchased a high-tech machine that cuts production time in half compared to existing machines.
The new machine must be serviced after 200 finished goods are produced. Downtime for the new machine will impact production and must be planned in advance so the production lead times are adjusted The service technicians must always prioritize the new machine repairs over any other repairs.
You need to configure the new machine to prioritize servicing over other repairs.
What should you configure for each requirement? 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
HOTSPOT
A company uses several freight carriers. Freight is calculated by mileage.
You need to configure the system.
Which values should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/transportation/transportation-management-engines
A company discovers that planned costs are being calculated incorrectly due to missing configurations.
You need to configure the system to prevent calculation of the planned cost for items that are missing the following:
• a valid bill of materials (BOM) version
• a valid cost price
In which two locations can you configure the validation? Select all answers that apply.
- A . Product information management parameters
- B . Inventory and warehouse management parameters
- C . Released products
- D . Calculation groups
- E . BOM version
A company needs to be alerted when the calculated planned cost of a bill of materials (BOM) product is older than 30 days.
You need to configure the number of days validation in the system.
Where should you specify the number of days? Select only one answer.
- A . Cost price model
- B . Stop explosion
- C . Inventory and warehouse management parameters
- D . BOM calculation groups
- E . Released product
A manufacturing company produces finished goods that contain raw materials that are costed using first-in, You need to set up a costing version to support planned costs of the finished goods.
What should you configure in the costing version? Select only one answer.
- A . costing type to standard and block activation to yes
- B . costing type to planned and block activation to yes
- C . costing type to planned and block activation to no
- D . costing type to standard and block activation to no
Note: This question is part of a series of questions that present the same scenario. Each question in the series contains a unique solution that might meet the stated goals. Some question sets might have more than one correct solution, while others might not have a correct solution.
After you answer a question In this section, you will NOT be able to return to it. As a result, these questions will not appear in the review/ screen.
A company plans to simplify interactions between purchasing department employees and vendors.
You need to ensure that employees are redirected to a vendor’s online store to select items for inclusion on purchase requisitions.
Solution: Create a vendor catalog.
Does the solution meet the goal?
- A . Yes
- B . No
B
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/set-up-external-catalog-for-punchout
A vendor is offering a rebate programe on bottles of wine that have purchase orders placed within a month. There is a $5.00 rebate on the purchase of 10-100 bottles and $6.00 rebate for the purchase of 101-200 bottles. Customers can purchase wine by the bottle or by the case. Discounts apply to all varieties of wine sold by the vendor.
You need to create a vendor rebate agreement to ensure that the correct rebate amount is claimed at the end of the month.
Solution: On the rebate agreement, set the start data to be the first of the month. set the expiry date to be 30 days.
Does the solution meet the goal?
- A . Yes
- B . No
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.
Item A has the following costing tiers:
• Tier 1: 20 each, $5
• Tier 2: 20 each, $10
• 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.
Explanation:
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.
Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/cost-management/fifo-physical-value-marking
https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/inventory-journals