Words similar to work-in-process
Example sentences for: work-in-process
How can you use “work-in-process” in a sentence? Here are some example sentences to help you improve your vocabulary:
Estimated costs, rather than actual costs, are sometimes the basis for credits to work-in-process accounts and debits to finished goods inventory.
Clearly, it is easier for the manager to keep all operators supplied with work, especially since in most cases the work-in-process for each operator is large.
In general, to maximize operating profit, a manufacturer must know the factory’s overall cycle time, work-in-process carrying costs, finished or hanging goods carrying costs, unit production costs, and unit selling price, as well as the Cv for each SKU of a given style.
The short-cycle plant becomes more competitive for two reasons: (1) there is less work-in-process; and (2) the finished goods inventory level necessary to satisfy retail demand for each SKU is less because the short-cycle plant can respond to actual demand more quickly.
With higher values of inventory carrying costs, it is more profitable to shift more production to the quick-line plant to allow reduction in work-in-process and finished goods inventory.
Loading...