Definition of work in process in English English dictionary
Work in process is the set of products in various stages of completion throughout the plant, including raw material that has been released for initial processing, up to the completed processed material awaiting final inspection and acceptance as a finished product [APIC]
Parts and subassemblies in the process of becoming completed assembly components These items, no longer part of the raw materials inventory and not yet part of the finished goods inventory, may constitute a large inventory by themselves and create extra expense for the firm
products that are still being manufactured, product that is not yet finished (Accounting)
(Ticaret) (WIP) Material that has been partially processed but not yet transformed into its final state and not normally usable as is. The status of WIP material is usually described by its current routing operation location
Material that has been partially processed but not yet transformed into its final state and not normally usable as is The status of WIP material is usually described by its current routing operation location