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  2. Takt time - Wikipedia

    en.wikipedia.org/wiki/Takt_time

    Takt time, or simply takt, is a manufacturing term to describe the required product assembly duration that is needed to match the demand.Often confused with cycle time, takt time is a tool used to design work and it measures the average time interval between the start of production of one unit and the start of production of the next unit when items are produced sequentially.

  3. Operations management - Wikipedia

    en.wikipedia.org/wiki/Operations_management

    The calculation of the time-line (bottom) usually involves using Little's law to derive lead time from stock levels and takt time. In Toyota the TPS represented more of a philosophy of production than a set of specific lean tools, the latter would include: SMED: a method for reducing changeover times

  4. Turnaround time - Wikipedia

    en.wikipedia.org/wiki/Turnaround_time

    Lead Time vs Turnaround Time: Lead Time is the amount of time, defined by the supplier or service provider, that is required to meet a customer request or demand. [5] Lead-time is basically the time gap between the order placed by the customer and the time when the customer get the final delivery, on the other hand the Turnaround Time is in order to get a job done and deliver the output, once ...

  5. Management system (open source) - Wikipedia

    en.wikipedia.org/wiki/Management_system_(open...

    In addition, the system is based on the 4 capabilities of rapid problem solving underlying the Toyota Production System: [1] Design and Operate Work to See Problems (See Problems). Solve Problems Close in Person, Place & Time (Solve Problems). Capture and Share Knowledge from solving those problems (Share Knowledge).

  6. Lean thinking - Wikipedia

    en.wikipedia.org/wiki/Lean_thinking

    Takt time thinking leads to completely different capacity reasoning than traditional costing and is the key to far more frugal processes. Flow through reducing batch sizes: Every traditional business, whether in production or services, is addicted to batch. The idea is that once work is set up one way, we'd better get on and quickly make as ...

  7. Standard time (manufacturing) - Wikipedia

    en.wikipedia.org/wiki/Standard_time_(manufacturing)

    In industrial engineering, the standard time is the time required by an average skilled operator, working at a normal pace, to perform a specified task using a prescribed method. [1] It includes appropriate allowances to allow the person to recover from fatigue and, where necessary, an additional allowance to cover contingent elements which may ...

  8. PDCA - Wikipedia

    en.wikipedia.org/wiki/PDCA

    Especially at the start of a project, key information may not be known; the PDCA—scientific method—provides feedback to justify guesses (hypotheses) and increase knowledge. Rather than enter "analysis paralysis" to get it perfect the first time, it is better to be approximately right than exactly wrong. With improved knowledge, one may ...

  9. Unit of time - Wikipedia

    en.wikipedia.org/wiki/Unit_of_time

    A unit of time is any particular time interval, used as a standard way of measuring or expressing duration. The base unit of time in the International System of Units (SI), and by extension most of the Western world , is the second , defined as about 9 billion oscillations of the caesium atom.