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.
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Additionally, the import of Master Production Schedules to individual machine Job Queue facilitates dynamic production scheduling and real-time Job completion tracking.
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However, this safety stock may inflate the master production schedule by overstating requirements for all resources and result in high inventory carrying cost.
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The use case diagram for setting the master production schedule is depicted in Figure 1.
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Most of the ERP vendors we surveyed use some form of MRP to generate and execute the Master Production Schedule.
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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.
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As seen in Table 1, the master production schedule is a short-term plan typically used to plan for 3 to 12 months in the future.
Fundamentals of production that influence industrial facility designs
Material requirements planning integrates the material-planning process, "exploding" the master production schedule through the bill of materials to create component requirements at each level.
PC-based manufacturing software
At the planning level, the schedule activities include corporate strategic plan, business plan, aggregate production plan, master production schedule and material requirements plan.
POM: a highly visual production and operations management environment
A Master Production Schedule (MPS) provides tight connections at a more detailed level.
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This powerful module uses the bill of material data, inventory data and the master production schedule to calculate requirements for materials or make recommendations to reorder materials.
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For example, if there is an unrealistic master production schedule, or inaccurate bills of material, or poor inventory data, a company could be trapped into pulling the wrong parts or stopping production for lack of the right parts.
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With the ability to seamlessly integrate with other components of the Clinicopia Suite, this system uses the information from a bill of material, inventory data and the master production schedule to make build v/s buy decisions and create suggested purchase orders as well as manufacturing and packaging orders.
InfoPro Solutions Introduces the World's First MRP Solution for Clinical Supplies

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