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What Do You Mean By A Reservation? |
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Answer» A reservation is a DOCUMENT that ensures availability of materials in the WAREHOUSE when materials are required for transferring materials to a customer. It contains information, such as which materials are needed, what quantities of materials are required, and when or where the materials are needed. It helps the Material REQUIREMENT Planning (MRP) system to AVOID lack of stock in the warehouse. A reservation is a document that ensures availability of materials in the warehouse when materials are required for transferring materials to a customer. It contains information, such as which materials are needed, what quantities of materials are required, and when or where the materials are needed. It helps the Material Requirement Planning (MRP) system to avoid lack of stock in the warehouse. |
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