Oracle Exam 1Z0-1066-24 Topic 6 Question 2 Discussion

Actual exam question for Oracle's 1Z0-1066-24 exam

Question #: 2
Topic #: 6

It is now January 2023. Your customer has loaded 3 years worth of shipment history (for 1/1/20 through 12/31/22) and wants to generate a monthly forecast for 2023 based on two years of shipment history.

When creating a demand plan, which two plan scope and demand plan options should your customer use? (Choose two.)

AFor demand plan option, add forecast shipments as forecasting profile, and enter historical buckets as 24.

BFor demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/21. forecast start date as 1/1/23. and enter forecast end date as 12/31/23.

CFor demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/21. enter history end date as 12/31/22. and enter forecast start date as 1/1/23.

DFor demand plan option, add forecast shipments as forecasting profile, enter historical buckets as 24. and enter forecast buckets as 12.

EFor plan scope, select plan horizon as 12 months, forecasting calendar as Gregorian, and forecasting time level as month.

FFor plan scope, select plan horizon days as 365. forecasting calendar as Gregorian, and forecasting time level as month.

Show Suggested Answer

Suggested Answer: D, E

by Alton at Oct 22, 2024, 08:07 AM

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Alysa

8 months ago

Why are we only using 2 years of history? Shouldn't we use 3 years to get a better forecast? *scratches head*

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8 months ago

I think we should use option B for demand plan.

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