Hi,
I am trying to develop a working capital model for the startup I recently joined.
I am being asked to build a model to forecast cost of WIP at a given time in the future
I have Takt time, (current and future) cycle time, demand, material costs - Surely a combination of these will give me the answer?
Any advice would be greatly appreciated
Thanks,
I mean assign a resource for each activity and assign the cost for that resource based on the activity being performed.
Hi Zoltan
What do you mean "resource load"?
If it makes a difference; I'm working for a start-up and this will be our first production line - it isn't "running" yet beyond ad-hoc engineering trials
Thanks
resource load each activity in the schedule with costs
this wil give you your anticipated WIP value