Capacity measurement &improvement

About this book

Capacity is one of the most important and least understood concepts in business and manufacturing today. While some financial managers might judge plant capacity in mechanical terms, such as the equipment installed in the plant, operational supervisors might instead judge capacity in human terms or worker efficiency. This leads to several questions: Under what guidelines should you measure capacity? Can unused capacity become a commodity to be bought or sold? How much reserve capacity buffer does a company need? As these questions indicate, capacity and its measurement is a complex topic, multi-faceted yet critical to the efficient, profitable operation of any manufacturing facility. . This innovative tool for measuring the effectiveness of capacity use allows operations and management employees to approach capacity from the same perspectives and presents a framework to utilize common measurements in the management of capacity. As budgets and time become increasingly tight, accurate capacity measurement and effective capacity usage become increasingly important. Capacity Measurement & Improvement teaches you to identify appropriate capacity measurements, improve top-to-bottom communication of your company's capacity and make the most of your company's capacity utilization.