What is 'gross production quantity' in SAP IS-OIL-UOM-MII - UOM Manufacturing Integration and Intelligence?

gross production quantity - Overview

• Component: IS-OIL-UOM-MII

• Component Name: UOM Manufacturing Integration and Intelligence

• Description: The quantity that a working interest owner is entitled to sell.

gross production quantity - Details

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  Key Concepts: 
  Gross Production Quantity (GPQ) is a term used in the IS-OIL-UOM-MII UOM Manufacturing Integration and Intelligence component of SAP. GPQ is the total quantity of a product that is produced in a given period, including any scrap or rework. It is calculated by adding the net production quantity to the scrap and rework quantities. 
  
  How to use it: 
  GPQ can be used to measure the efficiency of production processes and identify areas for improvement. It can also be used to track inventory levels and ensure that production meets customer demand. GPQ can be used to calculate the cost of production, as well as to monitor quality control measures. 
  
  Tips & Tricks: 
  When calculating GPQ, it is important to include all scrap and rework quantities, as these can have a significant impact on the total production quantity. Additionally, it is important to ensure that all data is accurate and up-to-date in order to get an accurate picture of production levels. 
  
  Related Information: 
  GPQ is closely related to other terms such as net production quantity (NPQ), which is the total quantity of a product produced minus any scrap or rework. Additionally, GPQ can be used in conjunction with other metrics such as cycle time and throughput time to measure the efficiency of production processes.