31. Quantity Contracts

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Transcript of 31. Quantity Contracts

Quantity Contracts: (w.r.to Quote)

Quantity Contracts are used to limit the quantity the customer can buy and to offer special pricingQuantity Contracts are used the demand for a material is greater than the available supply Quantity Contract Does not transfer requirements No confirmation of stock Does not require production No schedule linesAn order from a contract is called a Release Order