Microsoft MB-330 Practice Test - Questions Answers, Page 31

Box 1: Configure Warehouse parameters

Turn on the auto-update shipment functionality

To turn on the auto-update shipment functionality, follow these steps.

Go to Warehouse management > Setup > Warehouse > Warehouses.

Select warehouse 24.

On the Warehouse FastTab, in the Auto update shipment field, change the value from On quantity decrease to Always.

After you change the value to Always, any increases or decreases in the quantities on sales order lines and transfer order lines, and any additions of new lines, are reflected on shipments and loads for the selected warehouse, given the previously mentioned update constraints.

Box 2: Disable automatic work creation.

Change the wave template so that load lines aren't automatically processed To configure the wave template so that it doesn't automatically process load lines, follow these steps.

Go to Warehouse management > Setup > Waves > Wave templates.

Select wave template 24 Shipping default.

Select Edit.

On the General FastTab, set the Automate wave creation option to Yes, and make sure that all other options are set to No.

It's important that no work be automatically created and released as part of the wave creation process. After work is created that is related to the load line that was created for the sales order line, the load line is no longer automatically updated if the quantity on the sales order line is changed.

Reference: https://learn.microsoft.com/en-us/dynamics365/supply-chain/warehousing/autoupdate-shipment

Box 1: Quality association

A quality association defines all the following information for a quality order that is generated:

The transaction event

The set of tests that must be performed on the items

The acceptable quality level (AQL)

The sampling plan You must define a quality association for each variation in a business process that requires automatic generation of quality orders. For example, a quality order can be generated in the business processes for purchase orders, quarantine orders, sales orders, and production orders.

Box 2: Test variables For every qualitative test that is defined on the Tests page, you must define a test variable and its possible outcomes (results). (For qualitative tests, the Type field on the Tests page is set to Option.) You use the Test variables page to set up, edit, and view the possible outcomes for a test variable that is associated with a qualitative test. For each outcome, you assign an outcome status of either Pass or Fail to indicate whether the test is passed or failed when that outcome is selected as a test result. You use the Test groups page to assign a test variable and a default outcome for it to an individual qualitative test.

For every test variable, we recommend that you define at least two outcomes: one that has an outcome status of Pass and one that has an outcome status of Fail. There is no limit on the total number of variables or outcomes that can be defined. Additionally, multiple tests can use the same test variables to record results.

Examples of test variables

Example A manufacturing company performs two tests on manufactured materials. In one test, the pH level is associated with a color strip. Acceptable pH levels are in lighter colors, and unacceptable pH levels are in darker colors. In another test, multiple visual inspections are performed, and quality workers use their judgement to determine whether the item passes or fails the visual inspection.

Reference: https://learn.microsoft.com/en-us/dynamics365/supply-chain/inventory/qualityassociations

https://learn.microsoft.com/en-us/dynamics365/supply-chain/inventory/quality-test-variables

Box 1: Nonconformance

Nonconformance

A nonconformance describes an item that has a quality problem. The nonconformance process lets you create a nonconformance order that describes a quantity of nonconforming material, the problem source, the problem type, and explanatory notes. You can define a classification of problem types to make analysis of nonconforming material easier. You can also print a nonconformance tag and a nonconformance report to guide the disposition of nonconforming material.

Box 2: Nonconformance tag

Reference: https://learn.microsoft.com/en-us/dynamics365/supply-chain/inventory/qualitymanagement-processes

Box 1: Adjustment journal

Inventory adjustment

When you use an inventory adjustment journal, you can add cost to an item when you add inventory.

The additional cost is automatically posted to a specific general ledger account, based on the setup of the item group posting profile. Use this inventory journal type to update gains and losses to inventory quantities when the item should keep its default general ledger offset account. When you post an inventory adjustment journal, an inventory receipt or issue is posted, the inventory values are changed, and ledger transactions are created.

Box 2: Counting journal 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.

Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/inventoryjournals

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/fifophysical-value-marking

https://docs.microsoft.com/en-us/dynamics365/supply-chain/inventory/inventory-journals

Box 1: Safety stock journal Safety stock indicates an additional quantity of an item that is held in inventory to help reduce the risk that the item will go out of stock. Safety stock is used as a buffer in case sales orders come in, but the supplier can't meet the customer's requested ship date.

Safety stock indicates an additional quantity of an item that is held in inventory to help reduce the risk that the item will go out of stock. Safety stock is used as a buffer in case sales orders come in, but the supplier can't meet the customer's requested ship date.

You can to use the safety stock journal to calculate minimum coverage proposals based on historical transactions and then update the item coverage with the proposals.

Box 2: Demand forecasting

Key features of demand forecasting

Here are some of the main features of demand forecasting:

Generate a statistical baseline forecast that is based on historical data.

Use a dynamic set of forecast dimensions.

Visualize demand trends, confidence intervals, and adjustments of the forecast.

Authorize the adjusted forecast to be used in planning processes.

Remove outliers.

Create measurements of forecast accuracy.

Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/safetystock-replenishment

https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/introductiondemand-forecasting

Box 1: Reorder

There are three types of safety margins:

Reorder margin – The buffer time for placing the supply order

Box 2: Receipt

Receipt margin – The buffer time for handling incoming supply

Box 3: Issue

Issue margin – The buffer time for handling shipments

Reference: https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/planningoptimization/safety-margins

https://docs.microsoft.com/en-us/dynamics365/supply-chain/master-planning/planningoptimization/get-started