Home > Terms > English, UK (UE) > Master production schedule (MPS)

Master production schedule (MPS)

The schedule of manufactured items usually created to fill 'outside' demand from forecasts, customer orders and interplant orders that specifies the exact item numbers, dates and quantities for production but is not in itself a production order to be released to the floor. It considers the high-level production plan and rough cut capacity availability, and aligns with management targets for linearity and permissible level of changes. Once accepted, the MPS specifies the date and quantity requirements used by MRP to explode demand through the bill of materials. While most often for end items, variations of MPS allow planning critical lower levels such as major subassemblies based on a forecast that is then consumed by customer orders for finished goods that require those subassemblies. The MPS is the main driver for the rest of the planning and scheduling system, and the level of success in attaining a realistic MPS often indicates how well the other detailed parts of the system function.

This is auto-generated content. You can help to improve it.
0
  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Software
  • Category: Supply chain
  • Company:
  • Product:
  • Acronym-Abbreviation:
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Candy & confectionary Category: Licorice

Black licorice

Black licorice is a candy flavoured with the roots of the liquorices plant. The main ingredients are liquorices extract, sugar, and a binder. In small ...