Practice Free MB-330 Exam Online Questions
HOTSPOT
You need to configure the requirements for the operations coordinator and the inbound load for Vendor!
What should you configure for each requirement? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
HOTSPOT
You need to configure the extreme sports discounts.
Which component should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
Explanation:
Box 1: discount
Requirements. Pricing
Trey Research plans to do promotional pricing. Certain products will receive special pricing during the hours of extreme sporting events that Trey Research sponsors. Before or after the event, normal pricing will resume.
Box 2: periodic
A discount period defines the period during which a price adjustment or discount is valid.
Box 3: catalog
A product catalog is a collection of products with their pricing information. The product catalog entities let you create a rich product classification system in Dynamics 365 for Customer Engagement that provides support for:
* Defining multiple pricing and discounting models. You can also use custom pricing instead of the Customer Engagement system pricing to calculate prices when you associate a product or bundle to an opportunity, quote, order, or invoice. Further, you can select whether to apply discounts for products at the per-unit or line level.
* Etc.
Note: Price groups are at the heart of price and discount management in Commerce. Price groups are used to assign prices and discounts to Commerce entities (that is, channels, catalogs, affiliations, and loyalty programs). Because price groups are used for all pricing and discounts, it’s very important that you plan how you will use them before you start.
* trade agreement discounts
The capability to work with categories is a key differentiator between discounts and trade agreement discounts, and the main reason that we discourage you from using trade agreement discounts. Categories are organized in a multi-level hierarchy. By contrast, the item discount groups that are used by trade agreements are only a single level of grouping, and each group is specific to one of the three trade agreement discount types, such as Line discount, Multiline discount, and Total discount. Therefore, for trade agreements, if you want to use the same set of products in all three trade agreement discount types, you must create and manage three independent discount groups.
* An affiliation identifies customers who are members of a group, or are associated with one, for example, seniors or students. Before you can add affiliations to customer records, you must set up affiliations and their discounts.
Reference: https://www.pmlive.com/intelligence/healthcare_glossary/Terms/t/trade_allowance
HOTSPOT
You need to configure settlement reports for the finance team.
Which processes should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.
A company uses Dynamics 365 Supply Chain Management.
The company obtains packaging cartons in metric tons and sells them as individual items. The packaging cartons come in various sizes and are maintained as product variants. You need to configure unit conversion for the packaging cartons.
What should you do?
- A . Enable unit of measure conversions in the product master. Configure the intra-class unit conversion feature in the Organization administration module.
- B . Disable unit of measure conversions in the product master. Configure the inter-class unit conversion feature in the Organization administration module.
- C . Enable unit of measure conversions in the product master. Configure the inter-class unit conversion feature in the Organization administration module.
- D . Enable unit of measure conversions in the product master. Configure the intra-class unit conversion feature in the released product.
C
Explanation:
Reference: https://docs.microsoft.com/en-us/business-applications-release-notes/april19/dynamics365-finance-operations/uom-by-variant
Topic 3, Adventure Works Cycles
Overview
This is a case study. Case studies are not timed separately. You can use as much exam time as you would like to complete each case. However, there may be additional case studies and sections on this exam. You must manage your time to ensure that you are able to complete all questions included on this exam in the time provided.
To answer the questions included in a case study, you will need to reference information that is provided in the case study. Case studies might contain exhibits and other resources that provide more information about the scenario that is described in the case study. Each question is independent of the other questions in this case study.
At the end of this case study, a review screen will appear. This screen allows you to review your answers and to make changes before you move to the next section of the exam. After you begin a new section, you cannot return to this section.
To start the case study
To display the first question in this case study, click the Next button. Use the buttons in the left pane to explore the content of the case study before you answer the questions. Clicking these buttons displays information such as business requirements, existing environment, and problem statements. If the case study has an All Information tab, note that the information displayed is identical to the information displayed on the subsequent tabs. When you are ready to answer a question, click the Question button to return to the question.
Background
Adventure Works Cycles builds stock and custom mountain bikes and is headquartered in San Diego.
It has the following assembly and warehouse locations:
– Denver, Colorado, United States
– San Diego, California, United States
– Budapest, Hungary
Most manufacturing is outsourced, with each facility only assembling the bikes. Parts are stocked at all facilities and may be transferred between warehouses or legal entities. All of the parts are at standard cost.
Current environment. Organizational structure
The following diagram shows the structure of Adventure Works Cycles.
– Each of the physical locations in the United States (US) is a warehouse.
– Hungary assembles and distributes products to the rest of the European Union (EU).
– The EU legal entity is expected to add additional warehouse locations.
– All legal entities roll up to a financial consolidation company.
Current environment. Purchasing
– Higher quality tires that are used in new orders have become popular. Due to the volume of orders, the company wants to negotiate pricing with VendorC. The vendor agrees to a discounted price for 500 tires purchased within the next six months. Once the 500 tires have been purchased, the discount will be re-evaluated based on demand.
– Once a purchase is approved, for audit purposes it cannot be changed.
– Whenever possible, parts are purchased from vendors also within the EU. A purchase order was placed for a bike seat manufacturer in Italy.
– Parts for custom orders may not always be kept in stock and will need to be procured.
Current environment. Purchasing requisitions
The following flow chart depicts the purchase requisition process:
Requirements. Purchasing
– Items for purchase requisitions are governed by each country. Each of the country-specific products will be grouped together for selection.
– Purchase orders must follow the requisition process.
– All existing purchase orders for brakes must account for the change to VendorB.
Requirements. Inventory
– Standard costs are based on purchase fluctuations within a single month.
– Tires use floating zones due to limited warehouse space.
Requirements. Operations
Due to recent brake failures, Adventure Works Cycles plans to purchase brakes from VendorB instead of VendorA. Although the brakes from Vendor B will continue to use the same item number as the brakes from VendorA, the price is slightly higher from VendorB. Adventure Works Cycles will pay list price from VendorB. The order for VendorB needs approval and the usual approver for purchase requisitions is on vacation.
All brakes from VendorA that are in stock must be tested. The process for brake testing must be implemented for all inbound orders. Quality orders must be automatically created upon receipt of the first shipment against a purchase order only.
UserC needs to consolidate brake inventory after it has been cleared for sale.
Ordering of the new brakes order will incur an additional cost because it is a rush order.
Requirements. Custom orders
– Custom orders are placed for items that do not exist in the item master.
– Hungary does not process custom orders.
– The United States does process custom paint orders. Most custom paint colors are special order and require purchase requisitions.
– Quotes must be obtained from a minimum of two suppliers per company policy and compared for the shipping, costs, and other variables. Quotes will not be selected based on lowest price only.
Issues
– A special order for 26 high-end tires is received. This item is no longer in stock from the current vendor.
– Goods have been received in stock, but the matching invoice has not yet been received at the time of month close.
– UserA needs to set up pricing for the items purchased from VendorC and ensure that accounting validates the receipt and invoice against the agreement.
– UserB needs to send out a request for quotation (RFQ) for custom paint. The vendor will be selected based on pricing, volume discounts, and lead time.
HOTSPOT
Negotiations with the vendor are complete.
You need to set up the new price for tires.
What should you configure to meet the business requirements? To answer, select the appropriate options in the area. NOTE: Each correct selection is worth one point.
Explanation:
Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/procurement/purchase-agreements
HOTSPOT
A company uses Dynamics 365 Supply Chain Management for master planning in manufacturing processes.
Master planning runs have increased in processing time over the past month.
You need to identify the impact of configuration changes on performance from a single location.
Which objects 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/master-planning/tasks/monitor-master-planning-run
HOTSPOT
A company uses Dynamics 365 Supply Chain Management for master planning in manufacturing processes.
Master planning runs have increased in processing time over the past month.
You need to identify the impact of configuration changes on performance from a single location.
Which objects 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/master-planning/tasks/monitor-master-planning-run
HOTSPOT
You need to order the high-end tires.
What should you set up? 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/procurement/purchase-requisitions-overview
A manufacturing company uses Planning Optimization. Manned production orders are created, modified, and approved by the planner but are not yet firmed.
What is the effect on the planned production orders when you enable the Planning Optimization feature?
- A . Modifications are ignored when Planning Optimization is run again.
- B . Modifications are included when Planning Optimization is run again.
- C . Approved orders are automatically firmed.
- D . Approved orders are set to unprocessed.
- E . Approved orders are set to completed.
B
Explanation:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/planning-optimization/purchase-trade-agreement
A company uses Dynamics 365 Supply Chain Management.
The company is consistently short on inventory for a group of produced finished good items. This creates customer service issues.
You need to ensure that production orders are automatically created when inventory is low.
Which two actions should you perform? Each answer represents a partial solution. NOTE: Each correct selection is worth one point.
- A . Update the item maximum.
- B . Update the item minimum.
- C . Set Capable to Promise.
- D . Create a safety stock journal.
- E . Create a transfer journal.