Re-order point VB vs V1

Dear SAP expert,
I have confusion about the difference of VB (manual re-order point) and V1 (manual re-order point WITH external requirement).
I have this material A
Max stock level = 100
re-order point = 50
stock = 30
Reservation = 50 (today)
lot size = HB
Using VB, I understand that it always create PR = 70, as SAP will try to reach max stock level,
But using V1, it also create PR = 70, when I thought it shoud create PR of 70 + 50 = 120 (reaching max stock level and to satisfy requirement, where as I understand V1 should take external requirement).
As it create PR = 70, it seems that there is no difference between VB and V1.
However IF I increate the reservation to be 51, and running the MRP, i got PR = 71, and when I increase reservaton to be 60, and running the MRP, I got PR = 60.
It seems that IF reservation > re-order point, then SAP will increate the PR quantity, in which I dont really understand the logic used in here.
Can someone shed some light on this?
Best regards,
John

Hi JJ,
Each MRP type is defined under each MRP procedure.PD is defined with MRP procedure 'D' (Material Requirement planning) and VB is defined with MRP procedure B (Reorder point Planning).
Please check config at  SPRO>Production>Material Requirements Planning>Master Data>Check MRP Type.
Regards,
Rajarao.

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