MPS

Question 1

What is the timing of the MPS?

Answer 1

Weeks

Question 2

What types of units are used for MPS?

Answer 2

Actual units

Question 3

Where is MPS relevant?

Answer 3

Marketing and sales
Finance and accounting
HR
IT
Operations

Question 4

What is the available to promise (atp) inventory?

Answer 4

Used to determined if additional customer orders can be accepted

ATP of previous periods can be used for the current period

Knowledge of uncommitted atp inventory can enable the sales department to make a realistic promises to customers about deliveries and new orders

Question 5

What is rough cut capacity planning?

Answer 5

Determines the load on the production process of an MPS thus checking its feasibility.

Question 6

What are different lot sizing techniques?

Answer 6

Lot for lot
Fixed lot size
Minimum order quantity
Periodic order entry

Question 7

What are time fences?

Answer 7

Points in time that separates zones or phases of a mastery production schedule