Examlex
Which statement is correct?
MPS
Master Production Schedule, a plan for the production of individual final items that breaks down the aggregate plan.
Aggregate Plan
A planning strategy that outlines the overall production activities of a company over a certain period of time to meet forecasted demand.
Master Production Schedule
A detailed plan that outlines exactly what is to be produced, in what quantities, and when, serving as a critical component in manufacturing and supply chain management.
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