Distinguish between the aggregate plan and master production scheduel?

The aggregate plan outlines a company's overall production strategy for a specific period, balancing supply and demand while considering resources, capacity, and inventory levels. In contrast, the master production schedule (MPS) breaks down the aggregate plan into specific production activities, detailing what products need to be made, in what quantities, and when they should be completed. Essentially, the aggregate plan provides a high-level overview, while the MPS offers a more granular, actionable schedule for production.