Final answer:
The quantities to be received in a given period when looking at an MRP record list are called Planned Order Releases. These play a crucial role in the production planning process as they guide purchasing or production decisions and help ensure the availability of the necessary inventory.
Step-by-step explanation:
The quantities to be received in a given period when looking at an MRP (Material Requirements Planning) record list are called Planned Order Releases. These are the quantities that need to be ordered or produced to meet the demands of the schedule.
For example, if a company has a production plan stating that they need 200 units of a certain product in a particular period, the planned order release will indicate the quantity of units that should be ordered or produced during that period to fulfill the demand.
Planned Order Releases play a crucial role in the production planning process as they guide purchasing or production decisions and help ensure the availability of the necessary inventory to meet customer demands.