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a. Explain the importance of the Master Production Schedule (MPS) in the Production Planning Function. (2 marks) b. Complete the MPS below considering a Level

image text in transcribed a. Explain the importance of the Master Production Schedule (MPS) in the Production Planning Function. (2 marks) b. Complete the MPS below considering a Level production strategy of 15 units/period. (5 marks) c. Comment on the efficiency of the system and whether you would advise on changing the production strategy. (3 marks) d. Consider that the on-hand stock coming into period 1 has changed to zero. Reevaluate the MPS with the same level production strategy

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