The Princeps experts' blog
Scheduling: everything you need to know about this operation at the heart of the industrial process
What constraints should be taken into account at the scheduling stage? Scheduling in the broad sense aims to allocate resources to tasks and define the start date of each task. The 2 fundamental concepts are therefore: A first typology of scheduling problems arises from that of each of these 2 basic notions: Added to this…
Marginal cost: 4 things to know to optimize your industrial operations
1 - Marginal cost and average cost: what is the difference? The notion of average cost corresponds well to the intuitive meaning that we can have of it, that is to say the total cost of production divided by the quantity produced. Marginal cost, on the other hand, corresponds to the cost of producing the…