The Ohno Criterion states that WIP with faster velocities have lower cost than WIP with average slower velocities, in manufacturing cycles per unit time: v=G/W where W= number of pieces of Work In Process Inventory (WIP), and G = rate at which pieces exit from WIP to finished goods per unit...

After Papua New Guinea's society has been presented in a first part of this paper, the second part focuses on traditional land institutions and relationships to land – often considered to be "archaic". The third part exposes the process of lanf registration during the colonial and since the...

Derivation of the the conversion factor ßM, from bits of entropy to dollars of waste

Effective Mass Me of WIP derived from Little’s Law

Entropy was first glimpsed in 1824 when Sadi Carnot, son of the Prime Minister of France, observed that steam engines wasted 97% of their heat energy, and wondered how efficient they could be. An engine works by drawing in heat energy Hi from gasoline and exploding it at high temperature Ti,...

The high tax wedge on labor income and the cost for the economic sectors, especially industry, is a significant problem in the Brazilian economy. We use a computable general equilibrium model to project the effects of the exemption of the payroll tax on the economy, with different assumptions...

L’economia italiana è caratterizzata da un’ampia prevalenza di PMI. Negli ultimi dieci anni, crescenti segnali di crisi, da parte dei sistemi tradizionali con cui l’economia industriale italiana si è organizzata, per rafforzare le sue PMI (e in particolare i distretti industriali e più...

Industry 4.0 is related in each place and with the use and implementation of new technologies for the continuous improvement of administrative processes. As part of the growth of an organization, it is important that day by day it adapts to technological changes that affect worker operations or...

Dispute boards (DBs) are becoming increasingly well-known around the world as a means of managing conflict so as to avoid disputes on construction projects. However, there has been little discussion of the role that lawyers can play in relation to DBs. This article seeks to fill this gap

The Equator Principles are a set of voluntary social and environmental guidelines that apply to the majority of private commercial banks engaged in project finance, which is a method of financing often used to create large infrastructure projects. The Equator Principles provide ten standards to...