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Calculate Future WIP Cost

3 replies [Last post]
Thu, 2019-06-20 16:43
John Powell
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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,

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Replies

Thu, 2019-06-27 13:37
#1
Zoltan Palffy
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I mean assign a resource for each activity and assign the cost for that resource based on the activity being performed. 

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Tue, 2019-06-25 15:30
#2
John Powell
User offline. Last seen 4 years 42 weeks ago. Offline
Joined: 20 Jun 2019
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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

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Tue, 2019-06-25 13:44
#3
Zoltan Palffy
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Joined: 13 Jul 2009
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resource load each activity in the schedule with costs 

this wil give you your anticipated WIP value

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