Consider a flexible flow shop environment. Whenever a job has to wait before it can start its
Fantastic news! We've Found the answer you've been seeking!
Question:
Consider a flexible flow shop environment. Whenever a job has to wait before it can start its processing at the next stage it is regarded as Work-In- Process (WIP), since it already has received processing on machines upstream.
Manufacturing Models
The costs associated with WIP are storage costs, amount of value already added, cost of capital, and so on. Explain why high WIP costs may postpone the starting times of jobs on certain machines.
Related Book For
Managing Supply Chain and Operations An Integrative Approach
ISBN: 978-0132832403
1st edition
Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb
Posted Date: