Why do you think that lean production stresses the elimination of WIP? Under what conditions is WIP

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Why do you think that lean production stresses the elimination of WIP? Under what conditions is WIP advantageous? How can its levels be controlled? How can Little's formula help?

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Quality Inspired Management The Key to Sustainability

ISBN: 978-0131197565

1st edition

Authors: Harold Aikens

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Question Posted: Mar 11, 2016 02:49 AM

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Why do you think that lean production stresses the elimination of WIP? Under what conditions is WIP

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Excessive WIP ties up operating capital that could be used elsewhere creates inefficiencies by inhib...View the full answer

Quality Inspired Management The Key to Sustainability

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