Supply planning for process manufacturing company questions

Summary:

I have 3 questions:

1) For process manufacturing supply planning, do we respect lot expirations? I see there are LOT expiration columns that can be pulled in on Supplies & Demands table, but does it consider lot expiration dates when pegging supplies to future demands? Don't want it to be suggesting expired material as of the demand date

2) Are raw materials in batches honored in supply planning for process manufacturing companies? I know reservations are honored in discrete manufacturing, but want to understand if that is also true for raw material ingredients in batch scenario.

3) Can nettable and non-nettable inventory be defined by transaction type? Examples would be non-nettable for sales orders, and nettable for batch.