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Backward scheduling - Scheduling Techniques
Backward scheduling is another way of scheduling which is based on the as late possible approach with the condition that the jobs are finished by their due dates for delivery to the customer. Thus the planning process starts with assigning the job to the last work centre in the processing sequence. Then according to the processing time of the job at the various work centres, the schedule is worked out towards the beginning of the processing sequence. The lead times of the earlier processes have to be accurate enough to support this scheduling approach. This approach results in a significant reduction of MEP. Backward scheduling is also known as reverse scheduling.
application of SCM principle in Financial services?
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