Master Production Scheduling (MPS)

Method / Supply Chain and Quality


Master Production Scheduling (MPS)
Andana , Analyst, Sweden

A plan that details how many end items will be produced within specific periods of time.


What is a Master production Schedule and what information it provides?
A Master Production Schedule or MPS is the blueprint that a corporation has developed for manufacturing, inventory, staffing, etc. It sets the quantity of each end item to be realized in each week of a short-range planning horizon. A Master Production timetable is the master of all schedules. It is a plan for future production of end items. (Inventory Solutions).
MPS INPUTS:
Forecast Demand
Production Costs
Inventory Costs
Customer Orders
Inventory Levels
Supply
Lot Size
Production Lead Time
Capacity
MPS OUTPUT (production plan):
Amounts to be Produced
Staffing Levels
Quantity Available to Promise
Projected Available Balance

(Inventory Solutions)
Developing a Master Production Schedule requires 1- calculatiing the projected on-hand inventory and 2- determining the timing and size of production quantities of specific products (Krajewski)


Works Cited:
1- Inventory Solutions Logistics Corp, " The Master Production Schedule", 2007,
2- Krajewski, Ritzman, Malhorortra, "Operations Management', 9th Edition, Prentice Hall, ( p. 547)


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