Exercise 2.3 on pages 33-34. Consider a flexible flow shop environment. Whenever a job has to wait

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Exercise 2.3 on pages 33-34. 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. The costs associated with WIP are storage costs, amount of value already added, and so on. Explain why high WIP costs may postpone the starting times of jobs on certain machines.

Posted Date: May 20, 2024 03:11 AM

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Exercise 2.3 on pages 33-34. Consider a flexible flow shop environment. Whenever a job has to wait

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