The Master Production Schedule (MPS) is a comprehensive plan that outlines the production quantities and scheduling details for finished products over a specified time period. It serves as a crucial component of the overall production planning process, helping organizations coordinate and align manufacturing activities with demand forecasts, inventory levels, and resource capacities to ensure efficient and timely production. The MPS acts as a bridge between the sales and operations planning, translating high-level business goals into actionable production schedules to meet customer demand while optimizing resources.