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Operation Management: Master Production Schedules

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Why are master production schedules necessary for manufacturers? In what ways do master production schedules help organizations become more efficient?

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This solution discusses how master production schedules help in attaining the firm's strategic objectives. This solution is 226 words with two online references.

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Why are master production schedules necessary for manufacturers? In what ways do master production schedules help organizations become more efficient?

Master production schedule is a statement of production for a particular period of the manufacturers. It is determined by taking care of desired sales, desired closing stock, available capacity, objectives of the organization and opening stock. As per fujitsu, "The master ...

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