Your client sells a wide array of specialized products and services to customers across multiple industries.
As such, your client has complex requirements for defining their pricing programs in Pricing Cloud. You have been tasked to configure several, multifaceted pricing programs to which the client's various customers will be assigned. You will achieve this through the creation of pricing strategies.
Which are required fields when creating a pricing strategy header?

1. A. Name, Business Unit, Start Date, and End Date
2. B. Name, Description, Objective, and Start Date
3. C. Name, Description, Default Currency, and Start Date
4. D. Name, Business Unit, Default Currency, and Objective
5. E. Name, Business Unit, Default Currency, and Start Date

Correct Answer: E
A pricing strategy is a pricing entity that defines the overall pricing approach for a market segment. A pricing strategy consists of a header and one or more pricing segments.The header contains the general information and settings for the pricing strategy, such as the name, description, objective, business unit, default currency, start date, and end date1.When creating a pricing strategy header, the following fields are required2:
✑ Name: The name of the pricing strategy. It must be unique within the pricing
business unit.
✑ Business Unit: The business unit that owns the pricing strategy. It determines the scope and visibility of the pricing strategy.
✑ Default Currency: The currency that is used for the pricing strategy. It is used to
convert the prices of the items that are priced in different currencies.
✑ Start Date: The date when the pricing strategy becomes effective. It cannot be earlier than the current date.
References:
✑ Overview of Pricing Entities
✑ Create Pricing Strategy Headers

Your company has a warehouse that is classified as two different zones to enforce allocation and picking from only one subinventory at a time. The business has a contract with a specific outbound logistics carrier to deliver all orders for a particular customer zone or postal code.
How do you release orders that are scheduled to be fulfilled from a particular subinventory
and delivered through a specific carrier?

1. A. Define pick wave release rules specifying the shipment method and the subinventory on the Demand Selection Criteria tab.
2. B. Define a release sequence rule using the attribute as subinventory.
3. C. Use a picking rule specifying the pickling order for the subinventory.
4. D. Define pick wave release rules specifying the shipment method and pick from a subinventory under the Options tab.
5. E. Define a release sequence rule using the attribute as shipment priority.

Correct Answer: D

Which component is NOT part of a Configurator Model Item Snapshot?

1. A. Item Structure
2. B. Operational Attributes
3. C. User-Defined Attributes
4. D. Extension Rules
5. E. Structure Component Attributes

Correct Answer: D
Extension rules are not part of a Configurator Model Item Snapshot.Extension rules are custom actions that you can define in the Configurator Modeling Environment to manipulate data on sales orders, such as adding, updating, copying, or returning lines1.A Configurator Model Item Snapshot is a copy of the item- based model structure that you import from the Product Information Management work area into the Configurator Models work area2.A Configurator Model Item Snapshot consists of the following components3:
✑ Item Structure: The hierarchy of the model and its components, including the optional components that can be configured by the user.
✑ Operational Attributes: The attributes that control the behavior of the model and its components, such as the minimum and maximum quantity, the default quantity, and the pricing attributes.
✑ User-Defined Attributes: The additional attributes that you can add to the model
and its components to capture more information or to control the configuration process, such as the color, size, or style of an item.
✑ Structure Component Attributes: The attributes that define the relationship
between the model and its components, such as the inclusion rule, the exclusion rule, and the compatibility rule.
References:
✑ Examples of Order Management Extensions for Order Lines
✑ Import Item-Based Models into Configurator
✑ Configurator Model Item Snapshot

Your client is creating a promotional pricing discount for older-model tablets. The promotion is as follows:
. Qty 1-5: Priced at 10% off list price
. Qty 6-10: Priced at 15% off list price
. Qty 11+: Priced at 20% off list price
Which pricing configuration should be used to achieve this?

1. A. Create separate price lists for each percentage
2. B. Create a custom algorithm
3. C. Create a tier- based discount list
4. D. Create a pricing matrix

Correct Answer: C
A tier-based discount list is a pricing strategy that applies a different discount percentage based on the quantity of the item ordered.A tier-based discount list enables you to define the tier basis type, the aggregation method, the adjustment type, the adjustment basis, the application method, and the tiered pricing rules for the discount1. By creating a tier-based discount list using the given parameters, the client can achieve the requirement of offering 10%, 15%, and 20% discounts for different quantity ranges of the older-model tablets. References:
✑ How Pricing Works with Tiered Pricing

Order Management utilizes a Change Management function to determine how updates to the sales order are executed through the fulfillment lines. To drive this function, Change Management Attributes can be specified on an Orchestration Process Definition. The Change Mode setting determines how often a snapshot of the process state is taken.
Which option is not a valid Change Mode setting?

1. A. None
2. B. Staged
3. C. Advanced
4. D. Simple

Correct Answer: B