Master Production Schedule
A Master Production Schedule (MPS) is a company plan for production, ordering, managing inventory, etc. It is usually used in manufacturer type company where the plan indicates when and how much of each product will be demanded. This plan quantifies significant processes, parts, and other resources in order to optimize production, to identify bottlenecks, and to anticipate needs and completed goods. Since an MPS drives much factory activity, its quality dramatically affects a factory’s profitability. This is a simple MPS example created in excel that can give you a brief description about that plan.
Author : UNC
