Posted: September 26th, 2016

The “cost of delay” is an important cost to consider when redesigning a process.

The process redesign is actually the redesign of a manufacturing plant…

The “cost of delay” is an important cost to consider when redesigning a process. In addition, there is uncertainty in identifying future requirements and new processes that the space will need too accommodate. How do you decide whether to make room for future and unknown processes? How do you determine the “cost of delay” for repositioning the process layout now?