Manufacturing Economics: Utilization and Cycle Time: managing the trade-off to get more revenue out of your asset base
Posted on: 27-May-2008
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Having started with the two most important manufacturing factors driving revenues and profitability: Utilization and Cycle Time, it’s now time to delve into how to maximize each. I will continue to use my two favorite examples of a manufacturing line: a semiconductor fab and a doctor’s office, showing why applying conventional methods, like Toyota’s lean manufacturing model, are only a place to start in optimizing a non-linear manufacturing line.
weQuest's are written by G Dan Hutcheson, his career spans more than thirty years, in which he became a well-known as a visionary for helping companies make businesses out of technology. This includes hundreds of successful programs involving product development, positioning, and launch in Semiconductor, Technology, Medicine, Energy, Business, High Tech, Enviorntment, Electronics, healthcare and Business devisions.