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
To complete this scenario, use the Confidence Interval Calculator and the Area Gas Prices %u2013 Random Sample documents, provided in the Resources. The Minneapolis Star Tribune

Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise?

Homework for Chapter 5: Decision Tree Analysis Superior Products Inc. is considering two potential equipment alternatives for production of their best selling product line. Option

A cleaning company uses $10 of chemicals, $40 of labour, and $5 of misc. expenses for each house it cleans. After some quality complaints, the company had decided to increase its u

Many of us have taken assessments in the past, such as the ASVAB (Armed Services Vocational Aptitude Battery) or MBTI (Myers-Briggs Type Indicator); the latter is described in your

Describe the change management factors that shape HR-business strategy.

Imagine you are the product manager for a new electric car similar to the Chevrolet Volt. Using all your knowledge of the new product life cycle, speculate on the stages of the lif

I want some project about travel chart.

Change is a given. Explain how you would manage an HR technological change. What process might you use (cite theory as appropriate) to implement technological changes in a traditio