Business Management - Operations Management Strategies: Scheduling
The aggregate plan leads to the establishing of a master production
schedule (MPS). This schedule establishes a production plan concerned with
producing specific products to meet the needs of customers and takes into
account the specific capacity requirements of the organisation over a
designated time period. It is concerned with establishing and implementing
appropriate lead times required to obtain the necessary materials and human
resources to be used in the production process and with delivery times to
customers. It is concerned with specifying both the type and quantity of
each item that needs to be produced in a given time frame; the production
specifications to be implemented to produce these products; and the
employee and inventory  requirements for this level of production.
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