The inventory/open order netting concept is used to determine the
A) Planned order releases
B) Time phasing
C) Bill of material
D) MPS
E) "On hand" balances

Question

Quizplus · Accepted Answer

The inventory/open order netting concept is used for determining the "on hand" balances, i.e., the net quantity of stock available after accounting for both inventory on hand and any open orders for the same item. Therefore, option E is the correct choice. The other options such as planned order releases, time phasing, bill of material, and MPS are not directly related to the inventory/open order netting concept.

The Inventory/open Order Netting Concept Is Used to Determine the