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The Master Schedule : An Organization And The Utilization Of Organizational Resources

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The Master Schedule
The management in many organizations is charged with the responsibility of making decisions that are beneficial to the daily running of the organization. Most of these decisions are geared towards the effective and efficient provision of services by the organization and the utilization of organizational resources. These two actions eventually lead to the achievement of the objectives of a firm. Various management techniques are foundations to good decision-making. Master scheduling is one of the techniques that have been adopted by relevant managers in most product-producing firms. Master scheduling refers to the act of creating a supply plan; the supply plan consists of the quantities of specific items to be produced and the time frame of the provision of specific services.
Master scheduling involves aggregate production and capacity plans which include combining products into product groups, demands into monthly totals and finally personnel requirements across the organization 's department. These procedures mostly reflect and require top management decisions. Master scheduling managers are faced with the responsibility of establishing, maintaining, managing, and reviewing master schedules for specific items. These managers are expected to have substantial knowledge of the plant, process, product and the dynamics of the market (Apics, 2015). This knowledge is very critical as the decisions these managers make an impact on material and capacity planning

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