CPIM Practice Exam

Which of the following is NOT a component of the master schedule?

1. Forecast

2. Customer orders

3. Projected available balance

4. Supplier pricing negotiations

The correct answer is: Supplier pricing negotiations

The correct answer is supplier pricing negotiations, as this is not a component of the master schedule. The master schedule focuses on the timing and quantity of production, incorporating elements necessary for planning and executing production effectively. In contrast, supplier pricing negotiations relate to procurement activities and involve discussions and decisions regarding the cost of materials or products from suppliers. This aspect is more aligned with supply chain management and purchasing strategies, rather than the scheduling of production and fulfillment of customer demand, which is the primary focus of the master schedule. The other options, such as forecasts, customer orders, and projected available balance, are essential components of the master schedule. Forecasts provide insights into anticipated demand, customer orders are concrete requests that directly impact production planning, and the projected available balance indicates what inventory levels are expected to be available for production and sales. Each of these components plays a crucial role in ensuring a well-coordinated manufacturing and supply chain process.