Manufacturing-Cloud-Professional Practice Test

A.   It tracks product growth trends

D.   It tracks account revenue growth against goals

E.   It tracks against product margin targets

Explanation:

The time series projection feature in Tableau CRM for manufacturing is a predictive modeling function that allows you to forecast future values based on historical data. It provides data insights by showing you how your products, accounts, and margins are expected to perform over time, and how they compare to your goals and benchmarks. You can use the time series projection feature to answer questions such as:

• How will my product sales grow or decline in the next quarter or year?
• How will my account revenue change over time and how does it align with my targets?
• How will my product margins vary across different regions and segments and how can I optimize them?

The time series projection feature uses an algorithm called exponential smoothing, which assigns more weight to recent data and less weight to older data, to create a smooth curve that fits the historical data and extends into the future. You can adjust the projection parameters, such as the confidence interval, the seasonality, and the trend, to customize the forecast according to your business needs and assumptions. You can also compare different scenarios and what-if analyses using the projection feature. References: = Predictive Modeling Functions in Time Series Visualizations, Time Series Forecasting: Definition & Examples, Time Series Analysis: Definition, Types & Techniques

B.   Product Categories

Explanation:

o help the executive team make decisions quickly, an administrator should implement Product Categories functionality. Product Categories are a way of grouping products based on common characteristics, such as type, brand, flavor, or package12. By using Product Categories, the executive team can easily filter, sort, and analyze the large number of SKUs in their business. They can also use Product Categories to create sales agreements and forecasts at different levels of granularity1. References: Manage Products and Categories in a Sales Agreement, Configure Product Hierarchies Unit

B.   Manually Using actual orders API

Explanation:

Universal Containers does not want to bring actual orders data into Salesforce, but still wants to use the actual orders data to analyze the effectiveness of their sales agreements, they must select the Manually Using actual orders API option in the sales agreement setup. This option allows them to use an API to upload actual order data from an external system into Salesforce and associate it with the sales agreements.

This way, they can compare the planned and actual quantities and revenues of each product or product category in the sales agreement. The other options require either creating orders in Salesforce or linking contracts to orders in Salesforce, which Universal Containers does not want to do. References: Choose How Sales Agreement Actuals Are Calculated, Create Orders to Calculate Sales Agreement Actuals

A.   1500

Explanation:

A sales agreement is a record that captures the terms and conditions of a long-term or run-rate business relationship between a manufacturer and a customer. It can include products, product categories, prices, volumes, schedules, and other details. A sales agreement can have a maximum of 1500 products or product categories and 72 schedules. Contact Salesforce support if you want to increase the limits. Note that having a large number of product or product categories and schedules can affect system performance1. References: Considerations for Working with Manufacturing

D.   Draft

Explanation:

o add products to an order that is on an active sales agreement, the order must be in Draft status. Once an order is in Draft status, you can add products from the sales agreement or from the product catalog. You can also edit the order details, such as quantity, price, and discount. After you add the products, you can submit the order for approval. The order status changes to Pending, and the order is locked for editing.

The order must be approved before it can be activated. Once the order is activated, the order status changes to Active, and the order is synced with the sales agreement. The order actuals are reflected in the sales agreement actuals. References: Approve and Activate a Sales Agreement, Get Started with Salesforce Order Management