What does MPS stand for?

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.

Inputs include the master production schedule, bills of materials, and on-hand inventory.

Materiel Requirements Planning MRP systems have three primary inputs: the master production schedule (MPS), the bill of materials (BOM), and inventory records.

Start by creating a product structure, develop a forecast of future demand, enter actual customer orders, and develop a master production schedule for each item.

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.

A master production schedule allows the manager to order efficiently.

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.

Supply and Capacity Planning Module The Supply and Capacity Planning Module will support development of a master production schedule based on: * Forecast (from the Demand Planning Module) * Consumption * Inventory * Current production * Constraints (capacity, materiel, manpower, and supplier lead time) * Location-specific requisition objectives Enabling Step 4 of the demand planning process, the Supply Capacity Planning Module will provide a constrained functional plan.