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Material Master - Availability Check & Individual / Collective Indicator

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Dear Team,

 

I am bit confused with the two fields in the material master.

 

1. Availability Check :

 

01 - Daily Requirements - System cumulates all the sale order requirements for that particular day & updated as single line item during MRP

 

02 - Individual requirements - System updates each sale order requirement into MRP along with sale order number.

 

And in MRP 4 we have the field, individual / collective indicator. What is the importance of this field. How this field is different from field "Availability check"?

 

Thanks


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