Monitoring processes through inventory and manufacturing lead time

Abstract

Purpose – Since lean manufacturing considers that “Inventory is evil”, the purpose of this paper is to find and quantify the relations between work-in-process inventory (WIP), manufacturing lead time (LT) and the operational variables they depend upon. Such relations provide guidelines and performance indicators in process management. Design/methodology… (More)
DOI: 10.1108/IMDS-12-2014-0375

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