Factory physics for managers: how leaders improve performance in a post-lean six sigma world

"From the award-winning developers of Factory Physics--a leadership guide for breakthrough productivityIn the past, executive management of operations has typically involved a hodgepodge of copycat initiatives, mathematics, and software--and hoping for the best. Factory Physics for Managers provides a fundamental science in a practical framework that will immediately improve executives' and managers' intuition, provide a clearer view of their company and its operations, and enable them to lead their organizations much more effectively. The book explains the relationships between capacity, inventory, response time, and variability--and then shows how managers can use those relationships to design and execute strategic business plans. Jeffrey H. Bell is a managing partner of Arc Precision, a supplier of precision engineered components to the medical device industry, and he serves on the advisory board for Factory Physics Inc. Edward S. Pound is Chief Operations Officer at Factory Physics Inc. Mark L. Spearman is the founder, president, and CEO of Factory Physics Inc. and coauthor of Factory Physics"--

Includes index.

Machine generated contents note: The Book in Brief -- Why Is This Book Needed? -- ch. 1 Science---Use It or Lose -- Of Theories and Buzzwords -- Toyota and Science -- How Toyota Did It -- Batch and Queue Production -- A Balanced Approach -- The Track Record: Lean and Six Sigma -- A Confused Landscape -- Boeing's Moving Assembly Line -- Looking Ahead -- ch. 2 The Nature of Business---A Secret Hidden in Plain Sight -- Leading Performance Improvement More Productively -- Tradeoff Illustrations -- Leadership and Tradeoffs -- The Factory Physics Approach -- ch. 3 Practical Science for Leaders -- Knowledge and Science -- Science, Math, Software, and Intuition -- Practical Theory -- The Value Stream: Demand, Stocks, and Production -- Buffers -- Types of Buffers -- Conceptual Illustrations: Something or Someone Is Always Waiting -- A Manager's World: Environment, Tactics, Controls, and Measures -- Putting Practical Science to Practice -- Definitions.

Contents note continued: Factory Physics Science: As Simple as Possible but No Simpler -- Advancing the Practical Science of Management -- The VUT Equation -- Cycle Time versus Utilization Graph -- Production and Stocks -- Little's Law -- Pr…