Home > Forums
Topic Title: Calculate Future WIP Cost
Topic Summary:
Created On: 06/20/2019 11:27 AM
Linear : Threading
Send to a Friend Send to a Friend
Search Topic Search Topic
Topic Tools Topic Tools
View similar topics View similar topics
View topic in raw text format. Print this topic.
06/25/2019 01:53 PM
Print this message

Author Icon
John Powell


I am working on a project to better forecast our inventory costs. I am trying to forecast what our WIP cost will be at any given time in the future

I have our cycle time, batch size, demand, material costs

I know some combination of these numbers will give me the answer but I cannot get there

Anyone any ideas?

06/26/2019 08:59 AM
Print this message

Author Icon
Jean Cunningham

The WIP units would be batch size times the number of Stations minus 1 as long as you are pulling with no push. B*(S-1). Then you can apply cost of unit to that quantity.