What is Planned order demand

Is planned order demand is same as the net quantity in bills of material?

Planned order in MPS = Total demand - On hand (inventory + in transit + scheduled receipts)

Planned order in MRP = Total demand as per the independent demand in MPS & qty in BOM - On hand (inventory + in transit + scheduled receipts)

Oracle Applications Fusion Cloud - Inventory

Oracle Cloud/Fusion Procurement training will help you develop the fundamental skills required to set up and use the Procurement module. This training covers all the tasks, setups, forms and reports used in Procurement and related modules