Master production scheduling, Operation Management

Master Production Scheduling

The master schedule ( or master production schedule of MPS) sets the quantity of each end item (finished product) to be completed in each time period ( week or month or quarter) of the short range planning horizon. Master production scheduling ( MPS) are developed by reviewing market forecast customer orders inventory levels facility loading and capacity information regularly.

The MPS is a plan for future production of end items over a short range panning horizon that usually spans from a few weeks to several months. It is a significant link in between marketing and production .

Objectives of master production scheduling

1.To schedule end items to be competed promptly and when promised to customers.

2. To avoid overloading / within loading the production facility so that production capacity is efficiently utilized and low production costs result.

Posted Date: 2/1/2013 6:57:51 AM | Location : United States







Related Discussions:- Master production scheduling, Assignment Help, Ask Question on Master production scheduling, Get Answer, Expert's Help, Master production scheduling Discussions

Write discussion on Master production scheduling
Your posts are moderated
Related Questions
Productivity in the Service Sector We know that the challenges for operations managers in future will lie in increasing the productivity of the service sector. As agriculture

Explain managerial leadership. Managerial Leadership: Effective managing needs leadership. This is seldom possible to segregate the behavioural functions of manager-ship a

To be more competitive, many fast-food chains began to expand their menus to include a wider range of foods. Although contributing to competitiveness, this has added to the complex

A manufacturer of business copier workstations has a 75 percent customer retention rate. Their accounting department estimates the incremental contribution to profit and overead as

As a result of testing 20,00 electric bulbs manufactured by a company it was found that the lifetime of the bulbs was normally distributed with a mean of life of 2040 hours with st

How was the government affected by the bp oil spill sin usa

What are the arguments for and against social responsibility on the part of businesses? Research the topic and discuss. In addition, which set of arguments is more compelling?

You are the plant manager at Acme Plastics. You are running two shifts, a day shift and an evening shift. Before the day shift leaves each day, the workers must get an adequate sup

DETAIL THE WORKFLOW OF HRM THAT DEPLOYES ERP

There are a number of factors that affect the expansion of a multinational firm, including macroeconomic, political, regulatory, cultural, and social. Choose one multinational orga