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If a LPN is partially allocated - is cycle count allowed for such LPN ?

in Inventory Management

We are performing cycle count of location with respect to LPN and we see that the LPN qty is partially allocated for other orders
Can we perform cycle count on LPN ?
And also when we do cycle count for large number of item say 7000 qty
It is throwing error 'Item QTY too High'
What should we do to resolve that ?

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