What is daily lot size in SAP PP-MRP - Material Requirements Planning?

SAP Term: daily lot size

• Component: PP-MRP

• Component Name: Material Requirements Planning

• Description: The total of all requirement quantities from one day or from a definable number of days.

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• Key Concepts: 
  Daily lot size is a term used in SAP's Material Requirements Planning (MRP) component. It is the maximum amount of material that can be produced or procured in a single day. This quantity is determined by the production capacity and the lead time of the material. 
  
  How to use it: 
  The daily lot size is used to determine the total amount of material that needs to be produced or procured in order to meet customer demand. It is calculated by dividing the total demand by the number of days required to produce or procure the material. The daily lot size can then be used to plan production and procurement activities. 
  
  Tips & Tricks: 
  It is important to consider the production capacity and lead time when calculating the daily lot size. If the production capacity is too low, it may not be possible to meet customer demand. Similarly, if the lead time is too long, it may not be possible to meet customer demand in a timely manner. 
  
  Related Information: 
  The daily lot size is an important concept in SAP's MRP component. It is closely related to other concepts such as safety stock, reorder point, and order quantity. Understanding these concepts can help you better manage your inventory and ensure that customer demand is met in a timely manner.