Study for the Microsoft Certified: Dynamics 365 Supply Chain Management, Manufacturing (MB-320) Test. Utilize flashcards and multiple-choice questions with detailed explanations. Prepare thoroughly for your certification exam!

The Redis cache for IoT setup is created on the Azure portal. This is because Redis cache is a specialized data structure server that's often used to efficiently handle sessions and manage caching for applications that require rapid data access, such as Internet of Things (IoT) scenarios.

When setting up Redis cache, it typically involves creating resources in the Azure cloud infrastructure, as Azure provides native support for Redis through its Azure Cache for Redis service. This integration allows Dynamics 365 applications, including Supply Chain Management, to leverage the fast in-memory data structure capabilities of Redis for scenarios that involve high volumes of data transactions and real-time processing.

Setting up Redis cache directly within the Dynamics 365 application or through the SCM parameters page would not provide the required environment for configuring the caching strategy specific to IoT applications. Similarly, while lifecycle services environments might host Dynamics 365 resources, the actual creation and management of Redis instances happen through the Azure portal where the necessary specifications for the cache can be configured according to the needs of the application using it.

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