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A master production schedule (MPS) is a plan for individual commodities to be produced in each time period such as production, staffing, inventory, etc. [1] It is usually linked to manufacturing where the plan indicates when and how much of each product will be demanded. [2]
The production schedule is a project plan of how the production budget will be spent over a given timescale, for every phase of a business project. [1]The scheduling process starts with the script, which is analysed and broken down, scene by scene, onto a sequence of breakdown sheets, each of which records the resources required to execute the scene.
Scheduling is the process of arranging, controlling and optimizing work and workloads in a production process or manufacturing process. Scheduling is used to allocate plant and machinery resources, plan human resources, plan production processes and purchase materials.
Production planning is the future of production. It can help in efficient manufacturing or setting up of a production site by facilitating required needs. [2] A production plan is made periodically for a specific time period, called the planning horizon. It can comprise the following activities:
Output 1 is the "Recommended Production Schedule." This lays out a detailed schedule of the required minimum start and completion dates, with quantities, for each step of the Routing and Bill Of Material required to satisfy the demand from the master production schedule (MPS). Output 2 is the "Recommended Purchasing Schedule."
capital-intensive production processes, where plant capacity is constrained; products 'competing' for plant capacity: where many different products are produced in each facility; products that require a large number of components or manufacturing tasks; production necessitates frequent schedule changes which cannot be predicted before the event