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4mon
isixsigma on MSNProcess Time vs. Cycle Time: What’s the Difference?Process time vs. cycle time is a discussion that ... There are two ways to calculate cycle time and it’s a good idea to use ...
There is no “ideal cycle time” that applies across the board except on products that follow the same process routings, use the same or similar materials, et cetera. You are wise not to fall into this ...
Staying competitive in a dynamic economy means a small business must be able to calculate accurately ... take steps to reduce the amount of time it takes to cycle through its inventory.
Once you've mastered the manual calculation process ... optimal number of units you order each time you restock. Divide the EOQ by 2 to calculate your cycle stock. Continuing with the example ...
8mon
isixsigma on MSNLead Time vs. Cycle Time: What’s the Difference?Identifying needed process improvements – When reviewing ... you have what is called net production time (NPT). To calculate ...
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