There is no valid output for product &1, production version &2, date &3

What causes this issue?

The system did not find a valid output when exploding a PP/DS production
data structure.

System Response

The system cancels processing the order.

How to fix this error?

Check the master data used (production version, bill of material).

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.