What is Master Production Schedule?

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The Master Production Schedule (MPS) is a plan for the production of individual final items. The MPS breaks down the production plan to show, in each period, the quantity to produce of each final article.

Each final article is also called Stock Keeping Unit, usually using its acronym SKU. The Master Production Program, which is developed over a period of time, is called the planning horizon. The planning horizon generally extends between 3 and 18 months, depending on the manufacturing cycles of the item in question.

Timecode:
0:00 introduction
2:18 How is the MPS used in Manufacturing Company?
3:17 Benefits of working with the MPS
6:02 Potential abnormal situations for individual items
6:28 The difference between MPS and Production Scheduling

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How do we even remember all of this stuff?

FaizanAhmedMohammed