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How PAR inventory levels are calculated using Receipts Forecast

1. I want to understand how PAR inventory levels are calculated in Replenishment Planning.

2.There is a new feature in 24B - Receipts based forecasting. How does this effect this PAR calculations?
This information is not available in 24B user guides, ULS or Service Knowledge portal.

Please share some Handout documents explaining all the calculations and above feature.

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