Many manufacturers have discovered the value of maintaining flexible facilities, that are capable of switching production from one product to another. There are usually trade-offs in efficiency when a ...

Production losses can impact small and large companies, and they usually result from unexpected problems that arise during what should be a routine manufacturing process. Time is added to the process, ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Robert Kelly is managing director of XTS Energy LLC, and has more than three ...