WIP is necessary in most manufacturing,service,and supply chain contexts to allow for fluctuations in demand and variations in production time.

Question

Quizplus · Accepted Answer

WIP (Work-in-Progress) is essential in many manufacturing, service, and supply chain contexts to accommodate shifts in demand and deviations in production time. WIP is an essential inventory control tool that assists businesses to optimize throughput, handle production planning interruptions, and keep production lines functioning efficiently.

WIP Is Necessary in Most Manufacturing,service,and Supply Chain Contexts to Allow