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    Master Production Scheduling

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    Aditya
    The master production schedule (MPS) sets production quantities for finished products to be completed over a short-term planning horizon, usually weeks or months. It is developed by reviewing forecasts, orders, inventory, and capacity. The MPS translates aggregate plans into specific finished goods, evaluates alternative schedules, and generates material and capacity requirements to facilitate production planning and ensure priorities and capacities are managed effectively.

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    Master Production Scheduling

    Uploaded by

    Aditya
    663 views5 pages
    The master production schedule (MPS) sets production quantities for finished products to be completed over a short-term planning horizon, usually weeks or months. It is developed by reviewing forecasts, orders, inventory, and capacity. The MPS translates aggregate plans into specific finished goods, evaluates alternative schedules, and generates material and capacity requirements to facilitate production planning and ensure priorities and capacities are managed effectively.

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    The master production schedule (MPS) sets production quantities for finished products to be completed over a short-term planning horizon, usually weeks or months. It is developed by reviewing forecasts, orders, inventory, and capacity. The MPS translates aggregate plans into specific finished goods, evaluates alternative schedules, and generates material and capacity requirements to facilitate production planning and ensure priorities and capacities are managed effectively.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    663 views5 pages

    Master Production Scheduling

    Uploaded by

    Aditya
    The master production schedule (MPS) sets production quantities for finished products to be completed over a short-term planning horizon, usually weeks or months. It is developed by reviewing forecasts, orders, inventory, and capacity. The MPS translates aggregate plans into specific finished goods, evaluates alternative schedules, and generates material and capacity requirements to facilitate production planning and ensure priorities and capacities are managed effectively.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 5

    MASTER PRODUCTION

    SCHEDULING
    MEANING

    Master production schedule (MPS) sets the quantity of


    each end item (finished product) to be completed in each
    time period (week ,month or quarter) of the short range
    planning horizon. MPS are developed by reviewing
    market forecasts ,custom orders, inventory levels and
    capacity information regularly.

    The MPS is a plan for future production of end items over


    a short planning horizon that usually spans from a week
    to several months. It is important link between
    marketing and production.
    FUNCTIONS OF MPS
    Translating aggregate plans into specific end items
    Evaluating alternative schedules
    Generating material requirement
    Generating capacity requirement
    Facilitating information processing
    Maintaining valid priorities
    Utilizing capacities effectively
    1 Translating aggregate plans : This plan translates the
    specific no of end products to be produced in specific time
    period.the MPS represents a manufacturing plan of what the
    firm intends to produce and not the forecast of what the firm
    hope to produce

    2 Evaluating alternative schedules : MPS is made on trial


    and error basis.MPS can be done by simulation using
    computers. Detailed material and capacity required are then
    derived from the firm MPS.

    3 Generating material requirement : The MPS providing


    for purchasing and manufacturing the necessary items in
    sufficient time to meet the final assembly dates specified, based
    on the mps of the end product.
    4 Generating capacity requirements: MPS fulfill the
    capacity requirements of labour and equipment capacities etc.

    5 Facilitating information processing: by controlling the


    workloads on work centre, the MPS determines the delivery
    schedules for end products both for make to stock and made to
    orders items.

    6 Maintaining valid priorities: MPS maintaining the


    priorities for various jobs. When customers change their
    orders or material get scrapped sometimes MPS need to be
    changed automatically so as the main priorities are set first
    always
    7 Utilizing capacity facilities: by specifying the end items
    requirements over a time period, the MPS establishes the load
    and utilization parameters for labour and equipments.

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