The movement and storage of finished goods from end of production to the customer is called:
Checking is a two step process. First the order must be scheduled to see when the capacity is needed, and second, the load on work centers must be checked in that period.
For a particular commodity, the line-haul cost is $2.50 per mile. For a trip of 500 miles and a shipment of 600 cwt., what is the cost of shipping cwt.? If this shipment is increased to 1000 cwt., what is the saving in cost per cwt.?
What reduces the planning and control effort needed, the number of items required, and the inventory that has to be carried?