The monotonicity-preserving (MP) scheme is an accurate shock-capturing scheme. However, its performance is still inefficient for resolving high-frequency waves. In this paper, to improve the resolution characteristics, an upwind compact interpolation is proposed as a substitute to the original one in the MP scheme, and the coefficients of that were analytically optimized to minimize the dispersion and dissipation errors. Moreover, it was found that the limiting part of the original MP scheme degenerates the accuracy in a high-wavenumber region due to unnecessarily activation. This limitation is improved by applying a new indicator and criterion. The results of the nonlinear wave (N-wave) propagation demonstrate that the proposed scheme guarantees the robustness at the sharp discontinuity. At the same time, the solutions of linear wave propagation prove the excellent resolution of the proposed scheme. We intensively evaluated the performance for the standard and long-time situations of the shock-entropy wave interaction problems. The results prove that the usefulness of proposed scheme is more pronounced in the flow fields involving both of shock and waves.