How to maintain production version for material and how it will work

Dear Friends,
                      i  have created alternative bom for a material , My FG is having two  RM1 and RM2. like below, 
                FG --->RM1
                FG---->RM2
i created alternative BOM. how it will fetch raw materils from BOM while doing production confimation.  what is meant by production  version and how to configure that. how it will work
regards
RK

Dear Raja karthik,
1.Production version is a combination of BOM & Routing in Discrete scenario & in REM scenario its a
combination of BOM & Rate routing/Routing.The same can also be created only containing the BOM incase if it is going to be
used for a sub-contracting purchase info record.
2.Production version is a method or technique which's is used to produce a material.
3.A Material may be having one or more than one production version.
4.Production version can be differentiated by using either the validity date or Lot size range.
5.Say For Eg: Prod.Version1 --> Alt BOM1 & Routing1
Prod.Version2---> Alt BOM2 & Routing 1.
6.It has the status Locked and unlock.We can lock it when it is to blocked for any usage purpose.
6.Generally its created using T code MM02,by selecting MRP4 view and clicking on Production version key.
7.It's a master data in REM scenario.
8.Production versions can also be created using T code C223 for more than one material.
9.Planned independent requirements can be created production version specific in MD61.
Regards
Mangalraj.S

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