What is meant by MRP Type and lot sizing?

Answer Posted / subramanian

It is procedure that you set in the system on how the
Material is planned

Reorder Point
Seasonal requirement
Replenishment
Vendor Managed
Forecast Based
Master production Scheduling

Lot size :

You can define your requirements (to be produced or
Procured) in terms of Weekly, Monthly, Qty based, Maximum
Replenishment

Is This Answer Correct ?    28 Yes 7 No



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