Manufacturing Theory

Production Planning Methods

Production planning is defined as the process whereby a company makes sure that supplies and raw materials are in place at the appropriate time and in the correct quantity. Here is an overview of different production planning methods.

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What is Master Production Schedule?

The Master Production Schedule (MPS) is a plan for the production of individual final items. The MPS breaks down the production plan to show, in each period, the quantity to produce of each final article.

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What Is Six Sigma?

There are many moving parts to Six Sigma, but in a few words, one can define it as a systematic approach for eliminating errors.

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