Answer Posted / cheekati
MRP type-
Key the determines wether and how the material is
planned.you have the following options.
-manual re-order point
-automatic re-order point
-fore-cast based planning
-material requirement planning
-master production scheduling.
LOT-SIZE-
Key that determines which lot size procedure, the system
uses with in material planning to caleculate the quantity
to be procured or produced.
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