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What does MPS stand for?

MPS stands for Master Production Schedule

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

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We have 710 other meanings of MPS in our Acronym Attic

Samples in periodicals archive:

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.
Interactive Production Planning: planners can now easily interact with a Master Production Schedule by changing and fixing production or delivery decisions and re-optimizing the plan ILOG's LogicTools suite of Supply Chain Applications capitalizes on ILOG's 20 years of leadership in optimization and LogicTools' supply chain customers, expertise and thought leadership.
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.