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Doug Stroud, an alien logistics consultant, discusses the process of resetting the status of completed or closed production orders. He explains that there are several reasons one might want to reset a production order, including completing or closing a raw production order, needing to add additional labor or materials, or correcting quantities. He demonstrates how to find a closed production order and locate the reset production order button on his personalized toolbar, which streamlines the process compared to navigating through the actions and exception handling menus.