An integrated production planning and control model based on MRPⅡand JIT is put forward through analyzing the characteristics of magnetic materials manufacturing companies. Master Production Schedule with limited capacity and operational plan in workshop level based on the basic data of flow chart are formulated by this model which applied JIT idea and based on customer order demand. Push production is adapted during execution phase combined with process flow cards. The model is helpful to reduce inventory,keep certain flexbility of production and improve continuity and equilibrium of manufacturing process.