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A component has net requirements for 47 pieces for a future date. A cycle adjustment just reduced on-hand inventory by 17 pieces. What will be the new net requirements for material requirements planning?

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Final answer:

The new net requirements after a cycle adjustment that reduced on-hand inventory by 17 pieces, when the initial net requirements were 47 pieces, would be 64 pieces for material requirements planning.

Step-by-step explanation:

When a component's on-hand inventory is reduced, it affects the net requirements in material requirements planning (MRP). In the given scenario, if the net requirements for a component were initially set for 47 pieces and the cycle adjustment has reduced the on-hand inventory by 17 pieces, the new net requirements would be the sum of the initial net requirements plus the reduction in on-hand inventory.

To calculate the new net requirements, you would add the reduction in inventory to the existing net requirements:

New Net Requirements = Initial Net Requirements + Reduction in On-Hand Inventory

New Net Requirements = 47 pieces + 17 pieces

New Net Requirements = 64 pieces

Therefore, the new net requirements for the component would be 64 pieces for material requirements planning.

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