2016
DOI: 10.7166/27-1-969
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Reduction of Production Cycle Time by Optimising Production and Non-Production Components of Time in the Metalworking Industry: A Case Study

Abstract: The production cycle (PC) time, as a very important economic indicator of freezing current assets, involves the time needed to manufacture a unit or a series of units, from putting them into production until they are put into storage; and yet it is rarely discussed in the literature, even though it should be also analysed and be made as short as possible. The goal of this article is to survey and control the methodology of reducing the PC time of components in the metalworking industry, grouped by factor analy… Show more

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“…Since the Tippett's contributions for work sampling in the textile industry, mathematical models for cost reductions from the 1980s [1] to the latest methods as lean principles and techniques, the companies are improving their work methods in order to withstand on the market. Lean principles and techniques constitute a philosophy, having the main purpose and benefits as lower production costs with qualitative output, into a reduced period of time.…”
Section: Introductionmentioning
confidence: 99%
“…Since the Tippett's contributions for work sampling in the textile industry, mathematical models for cost reductions from the 1980s [1] to the latest methods as lean principles and techniques, the companies are improving their work methods in order to withstand on the market. Lean principles and techniques constitute a philosophy, having the main purpose and benefits as lower production costs with qualitative output, into a reduced period of time.…”
Section: Introductionmentioning
confidence: 99%