Learn how the flow of costs impacts manufacturing firms, covering raw materials, work-in-process, finished goods, and cost of goods sold with practical examples and methods.

The steps of a complex process can be displayed in sequence using a graphic referred to as a process flowchart. The graphic explains the way a process is or should be functioning, depending on the ...

Discover how cash flow plans improve premium payments for insurers, boost policyholder cash flow, and assist businesses in efficient financial management with real examples.

Learning the basics can ease loop tuning frustration and ensure stability. During plant operations, it seems that tuning control loops is an ongoing task, which can be a continual frustration to ...

The first article in this two-part series (OGJ, May 6, 2013, p. 94) presented four process safety examples of possible inadequate overpressure protection design in amine natural gas sweetening, glycol ...