What is static lot-sizing procedure in SAP PP-MRP - Material Requirements Planning?

SAP Term: static lot-sizing procedure

• Component: PP-MRP

• Component Name: Material Requirements Planning

• Description: A procedure in which the lot size is calculated using the quantities entered in the material master record of the material. Costs incurred from storage, setup procedures, or purchasing procedures are not taken into account. Criterion according to which the lot size can be calculated are: Lot-for-lot order quantity exact lot size Fixed lot size Replenishment up to maximum stock level

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• Key Concepts: 
  The static lot-sizing procedure is a component of SAP's Material Requirements Planning (PP-MRP) module. It is used to determine the optimal lot size for a given material requirement. The static lot-sizing procedure uses a fixed lot size for all orders, regardless of the order quantity. This means that the same lot size will be used for all orders, regardless of the order quantity. 
  
  How to use it: 
  The static lot-sizing procedure can be used to determine the optimal lot size for a given material requirement. To use it, enter the material requirement into the PP-MRP module and select the static lot-sizing procedure. The system will then calculate the optimal lot size for the given material requirement. 
  
  Tips & Tricks: 
  When using the static lot-sizing procedure, it is important to consider the cost of ordering and storing materials. The cost of ordering and storing materials should be taken into account when determining the optimal lot size. Additionally, it is important to consider any potential changes in demand when determining the optimal lot size. 
  
  Related Information: 
  The static lot-sizing procedure is one of several components of SAP's Material Requirements Planning (PP-MRP) module. Other components include dynamic lot-sizing, reorder point planning, and safety stock planning. Additionally, there are several other modules within SAP that can be used to manage material requirements, such as Production Planning (PP), Sales and Distribution (SD), and Warehouse Management (WM).