Rounding Value,Minimum Lot Size and Maximum Lot Siz parameters

Hello Gurus,
       Please explain me the what is the use of the parameter Rounding Value
,Minimum Lot Size and Maximum Lot Size parameters in the product master and how does it in impact during the Heuristic Run?
Thanks.

Rounding value is the incremental quantities in which the order can be produced/procured. Eg. if orders are possible with quantities 40,60, 80, 100 etc..then rounding value is 20.
Min lot size is the minimum quanity in which order can be produced eg. 40 in above example
Max lot size is the maximum quanitity in which the order can be produced/procured. eg. 100 in our example
Impact on Heuristic run: heuristics takes all the above parameter to plan supply order. eg. if requirement is 55, it will supply plan for 60. If requirement is 120, it will produce two orders - one for 100 and the other for 20. if the reuqirement is 10, the order size will be 40.
Hope this helps.

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