Availability in 11i

Might seem like a simple question...but I am just a manufacturing kind of guy. Upon entering a line in OM...I hit the availability button and a window pops up and there are 3 fields that confuse me. What exactly are the differences between AVAILABLE>>>ON-HAND>>>RESERVABLE?
Thanks in advance.

Hi Michael,
On Hand = Physical Stock Available for a certain Item.
Reservable = Physical Stock Available for a certain item that is not reserved by a customer or an order.
Available = On Hand Qty - Reserved Qty - Demand
Note that Reserved Qty is different than reservable.
Demand is created by the system when scheduling is run on an order line without actually reserving the item on that line. In this case a demand is placed on the qty of the item but this qty is still considered as reservable.
Hope this helped,
Karim

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