A company is implementing Dynamics 365 Supply Chain Management. The company uses weighted average date as its costing model. The controller requires the cost on the receipts to be used throughout the month until the month-end close procedure is run. You need to configure the item model group. Which two actions should you perform? Each correct answer presents part of the solution. (Choose two.) NOTE: Each correct selection is worth one point.
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Answer: BC
Question 212 · 237 in bank
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 - Coho Vineyard & Winery is a parent company that has two subsidiaries: Coho Vineyard and Coho Winery. Coho Vineyard is based in Medford, Oregon. The vineyard grows the grapes and then produces and bottles the wine. Coho Winery, based in Grants Pass, Oregon, distributes packaged wine to businesses and consumers. The winery sells imported cheese and olive oil in addition to the wines. Current environment. Technology landscape • Coho Vineyard & Winery requires financial reporting from both Coho Vineyard and Coho Winery. The parent company consolidates financials in a third-party tool. • Coho Winery currently manages inventory and financials on spreadsheets separately from the parent company. Current environment. Inventory and warehousing • The entire warehouse is temperature controlled. A refrigerated section of the warehouse is used for items that require colder storage. • The items do not have fixed locations in the warehouse. • Coho uses smart numbering for cheese items today. The items start with F for France and U for United States such as the following: • F11234 = French cheese • U14567 = US cheese • Currently, wine does not use smart numbering. • Inventory is valued at First In, First-Out (FIFO). • Olive oil has a 12-month shelf life. • WineA is expensive and not regularly stocked in the warehouse. • WineB must be in the refrigerated section of the warehouse. • WineC is non-refrigerated wine and is the majority of inventory in the warehouse. Current environment. Vendors and procurement • Cheese is purchased from vendors in two countries: France and United States. • Non-cheese items can be purchased from vendors in other countries or regions. • Olive oil is bought and sold in full cases of six each. • When Coho Vineyard produces more wine than expected in a season, rebate programs are offered to any company whose monthly purchases exceed $5,000. Requirements. General - • The Coho Vineyard & Winery parent company, as well as Coho Vineyard, will not be considered in the implementation of Dynamics 365 Finance and Dynamics 365 Supply Chain Management for Coho Winery. They plan to implement them as separate legal entities in the next five years. Requirements. Inventory and warehousing • Items must be renumbered in the new system. • Separate item numbers must be used for each imported item for use in simplified reporting by source country or region. • Advanced Warehouse Management capabilities must be enabled in the new system. • Each bottle of wine has a single item number. • The vintage of each bottle will change annually and may affect the cost of the bottle. This cost must be tracked by year. • Some bottles of wine require refrigeration. The system must automatically define where items must be stored in the warehouse. • Wine must be grouped in a hierarchy such as the following: • Red • Cabernet • Merlot • White • Chardonnay • Pinot • Inventory value must be stored at each month end. • Each month, the olive oil on-hand inventory is evaluated. Anything with less than six months left on the shelf life is sold to a discount retail store. If less than 90 days remains for the shelf life, then the olive oil is donated or destroyed. • At least 20 cases of olive oil and no more than 50 cases are on hand and not reserved for upcoming customer orders. • WineB must be refrigerated. Requirements. Vendors and procurement • The cheese smart numbering system will not be used in the future. Instead, the system must use standard configurations to ensure the correct cheese items are used for the correct country or region when ordering. • Olive oil must be managed in full cases only, although the inventory cost must be calculated as cages. • Should any bottle of olive oil be broken within a case, the cases will be sold at a discounted price. • Vendor rebates must be calculated and submitted for a claim. • Rebate programs are passed on to the retailers selling Coho Winery wines. The rebates must be claimed from Coho Vineyard. • Purchase orders (POs) must be maintained online with tracked changes between the vendors and the buyers. • The controller decides WineA must not be held in financial inventory on the Coho Winery books. The winery makes an agreement with the vendor that WineA will be owned by the vendor until a later date. • Vendor1 sends bulk shipments. Coho Winery does not always have enough warehouse staff to receive inventory. The company requires Vendor1 to send advanced shipping notices (ASNs). • The operations coordinator must schedule inbound loads. The company requires automation of inbound load creation where possible. Issues - • The warehouse is at maximum capacity. Empty bin locations are not always available. • The warehouse manager wants to establish fast moving locations for WineB on the floor and refill locations from higher rack storage. • Coho Winery recently conducted an internal audit risk assessment. The risk assessment found that inventory value reports were stored in spreadsheets. The spreadsheets can easily be edited and lack controls. • After olive oil is counted, multiple cases are destroyed due to shelf life. The inventory planner must determine if a new PO should be placed for olive oil. • The vendor rebates claims are often rejected because the claims were miscalculated by not including discounts. • The purchasing manager receives multiple complaints regarding POs: • Issue 1: PO changes are not accepted and confirmed, resulting in out-of-stock issues. • Issue 2: Vendors do not have control on responses to POs. Instead, the vendors rely on emails. You need to resolve the risk issue identified from the internal audit. What should you configure?
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Answer: A
Question 213 · 237 in bank
Select 2
CompanyA is a wholesaler implementing Dynamics 365 Supply Chain Management. CompanyB is a retailer that has multiple retail stores and one centralized distribution center. CompanyA receives a separate sales order for each of CompanyB's retail stores. The sales orders must be shipped together to the centralized distribution center, with each retail store order picked and packed separately. You need to configure the system to ensure that CompanyB's requirements are met through the outbound shipments from CompanyA. Which two features should you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
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Answer: AD
Question 214 · 237 in bank
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 process manufacturer is implementing Dynamics 365 Supply Chain Management to produce sports energy bars, beverages, and nutritional supplements. The company must run a series of quality control tests for all its beverage items for each production run after the items are completed from a production job The testing process for all beverages must follow the same process. The energy bars and nutritional supplements have their own testing requirements. The specific tests are not yet defined. You need to configure the quality associations in preparation for the requirements. Solution: Create a test group for all beverage items. Create a quality association with Reference type as Production and Item code as All. Assign the test group to the quality association. Set Event type to Report as finished. Set Execution to After. Does the solution meet the goal?
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Answer: B
Question 215 · 237 in bank
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 process manufacturer is implementing Dynamics 365 Supply Chain Management to produce sports energy bars, beverages, and nutritional supplements. The company must run a series of quality control tests for all its beverage items for each production run after the items are completed from a production job The testing process for all beverages must follow the same process. The energy bars and nutritional supplements have their own testing requirements. The specific tests are not yet defined. You need to configure the quality associations in preparation for the requirements. Solution: Create a quality association for each item with Reference type as Inventory, using item code as Table and specifying each item on the quality associations. Set Event type to Report as finished. Set Execution to After. Does the solution meet the goal?
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Answer: B
Question 216 · 237 in bank
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 process manufacturer is implementing Dynamics 365 Supply Chain Management to produce sports energy bars, beverages, and nutritional supplements. The company must run a series of quality control tests for all its beverage items for each production run after the items are completed from a production job The testing process for all beverages must follow the same process. The energy bars and nutritional supplements have their own testing requirements. The specific tests are not yet defined. You need to configure the quality associations in preparation for the requirements. Solution: Create a quality association for each item with Reference type as Inventory, using item code as Table and specifying each item on the quality associations. Set Event type to Registered. Set Execution to Before. Does the solution meet the goal?
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Answer: B
Question 217 · 237 in bank
Select 3
A company uses Dynamics 365 Supply Chain Management. The company plans to implement landed cost. The company must be able to assign statuses to inform users of a specific voyage. You need to configure the statuses for the voyages for given cost areas. Which three cost areas should you configure? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
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Answer: CDE
Question 218 · 237 in bank
A Canadian company uses Dynamics 365 Supply Chain Management. The company sources a single item from two European vendors. The purchase price agreements are different for each vendor. The shipping costs can vary with every order and have multiple legs of shipment on the water and land. You need to calculate the landed cost of the item per order to identify the most economical vendor. What should you configure?
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Answer: C
Question 219 · 237 in bank
A company uses Dynamics 365 Supply Chain Management. Three assets at a single location all need the same tune-up. A single worker can complete all three tune-ups. The worker’s hours must be allocated to each asset. You need to configure the system for the worker. Which configuration should you use?
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Answer: D
Question 220 · 237 in bank
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 process manufacturer is implementing Dynamics 365 Supply Chain Management to produce sports energy bars, beverages, and nutritional supplements. The company must run a series of quality control tests for all its beverage items for each production run after the items are completed from a production job The testing process for all beverages must follow the same process. The energy bars and nutritional supplements have their own testing requirements. The specific tests are not yet defined. You need to configure the quality associations in preparation for the requirements. Solution: Create a quality association with Reference type as Production and Item code as Group. Create a quality group for all items and assign it to the quality association. Set Event type to Report as finished. Set Execution to After. Does the solution meet the goal?
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Answer: B
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