Determine the value of work-in-process inventory

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Reference no: EM133463646

Assignment:

Write a paragraph about one of these questions from "The Goal" by Eliyahu M. Goldratt: (please label with number)

1. What three costs do accountants use to determine the value of work-in-process inventory? How does Jonah's valuation of it differ from that approach? Which one do you think is more useful when it comes to improving plant performance? Explain your answers.

2. How were the priority lists of late orders going to improve the performance of bottleneck resources and flow of orders thru Alex's plant? What was the actual impact? Do you think the use of colored tags will have a different impact? Explain your answers.

Reference no: EM133463646

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