Date of production version does not match BOM alternative

What causes this issue?

The validity of the production version is outside the range of validity
of the BOM.

System Response

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

How to fix this error?

Please change the validity of the production version or select a
different BOM.

Error message extract from SAP system. Copyright SAP SE.