Professional Documents
Culture Documents
MASTER PRODUCTION
SCHEDULE
A Master Production Schedule (MPS) is a plan for
production, staffing, inventory, etc. It is usually linked to
manufacturing 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
accuracy and viability dramatically affect profitability. Typical
MPS's are created by software with user tweaking.
Due to software limitations, but especially the intense work
required by the "master production schedulers", schedules do not
include every aspect of production, but only key elements that
have proven their control affectivity, such as forecast demand,
production costs, inventory costs, lead time, working hours,
capacity, inventory levels, available storage, and parts supply.
The choice of what to model varies among companies and
factories. The MPS is a statement of what the company expects to
produce and purchase (ie. quantity to be produced, staffing
levels, dates, available to promise, projected balance).
The MPS translates the business plan, including forecast
demand, into a production plan using planned orders in a true
multi-level optional component scheduling environment. Using
MPS helps avoid shortages, costly expediting, last minute
scheduling, and inefficient allocation of resources. Working with
MPS allows businesses to consolidate planned parts, produce
master schedules and forecasts for any level of the Bill of Material
(BOM) for any type of part.
The Master Production Scheduling (MPS) function has grown
from an MRP-driver to a management function which coordinates
Production and Sales and translates the company's long
term plans into detailed production decisions to control the
good show. Therefore each company, though often implicitly, has
an MPS function. The existing frameworks in literature however
are not always valid to model the MPS function in different types
of companies.
A Master Production Schedule or MPS is the plan that a company
has developed for production, inventory, staffing, etc. It sets the
quantity of each end item to be completed in each week of a
short-range planning horizon. A Master Production Schedule is the
master of all schedules. It is a plan for future production of end
items.
MPS INPUTS: MPS OUTPUT (production
Forecast Demand plan):
Amounts to be Produced
Production Costs
Staffing Levels
Inventory Costs
Quantity Available to Promise
Customer Orders
Projected Available Balance
Inventory Levels
Supply
Lot Size
Production Lead Time
Capacity
2.PLANNER’S WORKBENCH
5.SCHEDULING CYCLES
6.PERFORMANCE MEASUREMENT