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Master Production Scheduling The master schedule ( or master production schedule of MPS) sets the quantity of each end item (finished product) to be completed in each time period ( week or month or quarter) of the short range planning horizon. Master production scheduling ( MPS) are developed by reviewing market forecast customer orders inventory levels facility loading and capacity information regularly.The MPS is a plan for future production of end items over a short range panning horizon that usually spans from a few weeks to several months. It is a significant link in between marketing and production .Objectives of master production scheduling
1.To schedule end items to be competed promptly and when promised to customers.
2. To avoid overloading / within loading the production facility so that production capacity is efficiently utilized and low production costs result.
Descriptive Statistics: Ages Variable Mean StDev Minimum Q1 Median Q3 Maximum Ages 23.56 8.97 17.00 18.25 21.00 23.75 49.00 1) Describe the shape of the data 2) What pe
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Air travel on Mountain Airlines for the past 18 weeks was: Week Passengers Week Passengers 1 406 10 440 2 410 11 446 3 420 12 451 4 415 13 455 5 412 14 464 6 420 15 466 7 424 16 47
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