There are a few things here, if you just want then ledger entries to show that the item was used then sure this is fine, however there will be no relationship between the consumed item and the manufactured item, so you loose the ability to report on it,
So, if this is a once off to fix items, i would say a negative adjustment is the way to do it, but this would not be a good solution that you will keep using into the future
Cheers
Nev