Answer / pralhad kumbar

A material may have several Bills of Material (BOMs) that
determine the components used in its production. The
production process can also be described in various
recipes. Data on the different methods or techniques used
to produce the material is recorded in production versions
which are assigned to the material. A material can have one
or more production versions. Data relating to individual
production versions is located at plant level. You are free
to define production version numbers as you see fit,
however, each number must be uniquely identifiable.
Production versions allow you to cater to different
production situations.

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