On-hand < maximum treated as excess return?

Summary

On-hand < maximum treated as excess return?

Content

If I return part from usable stocking location whose on-hand quantity is less than maximum, do we treat it as excess return?

For example, 

I have AS54888 with on-hand qty of 5 and maximum of 10 for usable stocking location M1.Truck01-G. If I return AS54888 with qty 3 from M1.Truck01-G, do we still treat it as excess return?

Version

20A