Which Action Taken Code would you use for merely removing a component?

The correct action taken code for merely removing a component is "P." In the context of maintenance and inventory control, each action taken code provides a specific indicator of what has occurred to a particular item or component.

Removing a component typically signifies that it has been taken out of operation or usage without any immediate plans for replacement or further action regarding the item. The action taken code "P" specifically indicates a "removal" action, which aligns perfectly with the scenario of merely taking out a component.

In contrast, other codes like "N," "Y," and "L" represent different types of actions, such as additions, repairs, or modifications, which are not applicable to the action described in the question. Thus, "P" is specifically tailored for the action of removal, making it the appropriate choice for this scenario.