Correct Answer:

Explanation:

Correct Answer:

Explanation:
Box 1: Standard
Standard conversions - Set up standard conversion rules for all products.
Box 2: Intra-class
Crayons are stored as separate item numbers depending on whether they are in a box or a case. This creates issues when counting inventory to determine the total number of crayons in stock.
Intra-class conversions - Set up product-specific conversion rules for units in the same unit class. For example, you can set up a conversion rule for a product that converts a box to the number of pieces in a box.
Pieces and boxes are both assigned to the Quantity unit class.
Incorrect:
Inter-class conversions - Set up product-specific conversion rules for units across unit classes. For example, you can set up a conversion rule for a product that converts kilograms to liters. Kilograms are assigned to the Mass unit class and liters are assigned to the Liquid volume unit class.
Reference: https://learn.microsoft.com/en-us/dynamics365/supply-chain/pim/tasks/manage-unit-measure
https://learn.microsoft.com/en-us/dynamicsax-2012/appuser-itpro/set-up-units-and-unit-conversions-retail-essentials
Topic 7, Coho Vineyard & WineryBackground
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
* 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.
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 Ffor France and iVfor United States such as the following:
o F11234 = French cheese o 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.
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.
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.
Inventory and warehousing
* Items musl 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:
o Red
# Cabernet
* Me riot
o 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.
Vendors and procument
* 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 eaches.
* Should any bottle of olive oil be broken within a case, the eaches 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.
* Vendorl sends bulk shipments. Coho Winery does not always have enough warehouse staff to receive inventory. The company requires Vendorl 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:
o Issue 1: PO changes are not accepted and confirmed, resulting in out-of-stock issues, o Issue 2: Vendors do not have control on responses to POs. Instead, thevendors relv on emails.

Correct Answer: B  🗳️

Explanation: Only visible for ITExamDownload members. You can sign-up / login (it's free).

Correct Answer:

Explanation:

Reference:
https://docs.microsoft.com/en-us/dynamics365/supply-chain/sales-marketing/tasks/create-new-trade-agreement
Topic 2, Wide World Importers
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 ate ready to answer a question, click the Question button to return to the question.
Background
Wide World importers is a distribution company whose primary customers are small boutique shape which sell globally-sourced products including unique or hand-crafted items such as performs and ceramicware.
Through the Wide World Importers sales cycles, the commissions-based sales team identifies opportunities and negotiates with shops by using a quoting process. The products may or may not already exist in the company ' s current product list.
The company has the following divisions and areas of responsibility:

Current environment
Wide World Importers use Dynamics 365 Finance and Dynamics 365 Supply Chain Management There is a single legal entity.
The primary distribution center for the company is located Las Vegas. Nevada, USA There is an additional warehouse in California which receives imported goods from container ships. When goods are received in California, the goods are transferred to Nevada for distribution. No orders are shipped directly from California.
Sales
The company has two teams of sales representatives East and West. Each team has one representative for each of the following categories of goods; perfumes, ceramicware ano ail other goods. Sales representatives are paid commissions based on sales Commissions must be paid based on the home office location for customers.
For example, commission for a customer that is headquartered in the Western United States is paid to the West group of sales representatives.
Sales representatives are responsible for driving new business. Company executives must be able to see metrics define the companies that the sales representatives are targeting, where there is potential to do business, and where quotes are being generated. Customer records must not be created until a sale is confirmed.
The sales team quoted a new perfume for a customer named Customer1. The customer has shipping locations in the following regions. United States, Austria. and Japan. Sales must only be made to the US and Japan due to product ingredients. Automated checks must be put into place so that users do not have to remember to select the correct item.
Testing
The company periodically performs testing on ceramicware as it is received to determine whether the products contain lead The company labels and markets ceramicware as Lead Free or Not for food use Perfumes may contain restricted ingredients that cannot be sold to customers in the European Union. The company performs testing on perfumes and has processes to ensure that perfumes containing restricted ingredients are not sold to customers in Europe.
Ten percent of all ceramiavare items received must be tested for lead. The process for managing testing must be automated. There must be tolerances setup that define the acceptable amount of lead levels in a product.
Inventory management
The inventory team must control costing of items by using FIFO principles. The finance team must be able to see updated FIFO adjustments throughout the month but win only settle FIFO for month-end reporting Inventory close must lie run at the end of each month. A report must be provided to the finance team that includes the physical quantities and inventory value for items, with totals at the bottom. The warehouse team needs a similar report but does not want the inventory value included. During inventory close, some items cannot be fully costed because the issue cannot be settled against the receipt. The finance team must know which items were excluded.
Other inventory requirements
* Inventory must be reserved against physical inventory.
* Items must be grouped so that the inventory costing can posted to the ledger by using the following groups:
perfumes, ceramicware. other goods. All goods are FIFO. Financial reports must be grouped by these three categories, even the transactions from all categories posts to the same ledger accounts.
* Wide World Importers plans to import a specific type of pottery from a local company in Mexico that handmakes the goods. The pottery must be available in orange of red colors. The cost is the same regardless of the color selection.
* A new line of perfumes is being introduced. The procurement team must be able to identify which perfumes are men s or women ' s fragrances, and must be able to further categorize perfumes as Perfume. Eau de Perfume, Eau de Toilette. Eau de Cologne, or Eau Fraiche.
* You must set up a structure of products for classifying each item for purchase, sales and reporting analysis Issue Customer service representatives report that some inventory shows as ordered reserved when the ordered reserved parameter is turned off.
An item that is typically carried is out of stock. A stock. A customer named Customer2 wants to place a special rush order for the item. This will result in a significantly increased cost from the supplier. The finance team does not want to have this special order affected the FIFO tiers.

Correct Answer:

Explanation: