Answer:
False.
Step-by-step explanation:
Master production schedule (MPS) is nothing but plan for the individual commodities to be produced in a factory, during to a time period. MPS includes Planning, production, staffing , inventory, etc. It preferably used in places where it is know that when and how each product is demanded. It has nothing to deal with decision and breaking down of aggregate planning.
The definition of MPS given in question is wrong. There the given statement is false.