Which component must Material Control manage within 24 hours of receipt?

Material Control must manage defective repairable components within 24 hours of receipt because timely action on these items is crucial to maintaining operational efficiency. When defective components are identified, it is essential to act quickly to either repair or replace them, thereby minimizing downtime for equipment or machinery that relies on these parts. This process often involves coordinating with maintenance teams and suppliers to ensure a swift turnaround on repairs or replacements.

Other components like maintenance records, inventory management lists, and repair schedules, while important, do not typically require the same immediate attention as defective repairable components. Maintenance records and inventory lists are usually updated periodically, and repair schedules are managed based on longer-term planning and availability of resources rather than immediate processing after receipt. Therefore, the urgency associated with defective items distinguishes them as a priority within the material control processes.