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Component: PLM-PLC
Component Name: Product Lifecycle Costing
Description: Specifies the amount used as a basis for calculating an item’s quantity.
Key Concepts: Base quantity is a term used in SAP Product Lifecycle Costing (PLM-PLC). It is the quantity of a product that is used to calculate the cost of producing it. The base quantity is determined by the production process and can be used to compare the cost of different production methods. How to use it: The base quantity can be used to calculate the cost of producing a product. This is done by multiplying the base quantity by the cost of each component or material used in the production process. The result is the total cost of producing the product. Tips & Tricks: When calculating the cost of producing a product, it is important to consider all components and materials used in the production process. This will ensure that the base quantity is accurate and that the total cost of production is accurate. Related Information: The base quantity can also be used to compare different production methods. By comparing the base quantity and total cost of different production methods, it is possible to determine which method is most cost-effective. Additionally, it can be used to identify areas where costs can be reduced or improved.