1. The master production schedule is a forecast of demand for families of products.
True or False
True
False.
The master production schedule (MPS) is a plan that outlines the quantity and timing of production for individual products. It is not a forecast of demand for families of products.
To verify this answer, you can refer to reputable sources on production planning and control, such as textbooks, academic journals, or official industry websites. These sources will provide a clear explanation of what the master production schedule entails.