How does the oracle the Min and Max Quantities for the Min-Max policies been setup in the system
The system automatically calculates the minimum and maximum quantities as defined in the Manage Min-Max Planning Policy Profiles for Min-Max plans. We would like to understand how Oracle derives these values.
Note: Our understanding is that the Maximum Quantity is calculated using the formula:
Average Daily Demand × Maximum Days of Cover.
Could you please confirm if this is correct?
Additionally, could you also clarify the formula used to calculate the Minimum Quantity?
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