master production schedule


Also found in: Acronyms.

master production schedule

a (usually) software-generated list that is divided into time periods (for example a day or a week) and which looks at all forecast and confirmed orders and compares this to the Bill of Materials for each item together with present inventory levels. The schedule produces a list of items that need to be made from final components, through sub-assemblies and orders material for inventory as required. See PRODUCT SPECIFICATION, PRODUCTION SCHEDULING.
References in periodicals archive ?
A reactive decision-making approach to reduce instability in a master production schedule. International Journal of Production Research, (ahead-of-print), 1-11.
"Measuring master production schedule under rolling planning horizon." Decision Sciences (Impact Factor: 1.36).
Sequence Diagram 1: Setting the Master Production Schedule (40 pieces of X)
Despite the pitfall of relying solely on a master production schedule as a guide in facility design, it still can provide a wealth of information, explaining such factors as the layout, the approach to production, the location of storage spaces for inventories, assembly lines, and the location of walls, which may be of importance to appraisers.
The design was based on the master production schedules during those years, which again is not necessarily a problem and is generally a good position to take in the initial design phase.
Given that the master production schedule drives every requirement for every factory and every supplier at every lower level, it is far too important to be constructed in a vacuum.
We also conduct an ATP analysis for customer orders and check the integrity of our master production schedule using analytical tools like capable-to-produce (CTP) to test for material and capacity constraints.
POM's database for the master production schedule is MPS.WK1 and it holds the manual forecast [ILLUSTRATION FOR FIGURE 14 OMITTED] and customer order [ILLUSTRATION FOR FIGURE 15 OMITTED].
Manufacturing managers use systems to schedule production lines and to develop Master Production Schedules (MPSs) that are used as inputs to Materials Requirements Planning (MRP) systems.
Additionally, the import of Master Production Schedules to individual machine Job Queue facilitates dynamic production scheduling and real-time Job completion tracking.
These models, which can account for a wide range of variables from production capacity to ingredient costs, help planners refine master production schedules across multiple manufacturing sites.
In effect, says president Denes Hunkar, the result is "real-time MRP." Thus, master production schedules, inventories, and shipping information can be kept up to date with events on the plant floor, rather than being a shift or a day out of sync, as is commonly the case.

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