Queuing Theory and Practice: A Source of Competitive Advantage
Jul 25, 2010 · Clearly, new prescriptions took a little longer than the refills. Assuming Poisson arrivals and exponential service for this case, my first question was to understand the utilization rate (Ï ) of …
Flow Time vs. Cycle Time: What’s the Difference? - iSixSigma
Jan 30, 2025 · Flow time vs. cycle time: is there a difference? This in-depth guide covers how you measure time throughout a project.
Preparing to Measure Process Work with a Time Study - iSixSigma
Feb 1, 2025 · How do you measure process work at your organization? You might want to incorporate a time study, as detailed in this in-depth guide.
Capacity - isixsigma.com
Nov 7, 2018 · Capacity refers to how much work a company can take on and how fast it can grow. To improve efficiency and reduce waste, learn how to pay attention to your maximum output and how to …
Understanding the Formula and Benefits of Cycle Time
Jan 28, 2025 · The customer just called again, wondering if the item they ordered will be on time. Will it? Do your company’s processes make it possible to be on time per the customer’s needs? To know …
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Navigating Turnaround Time in Process Management - iSixSigma
Feb 13, 2025 · How does your turnaround time, or TAT, impact your production? Learn about how this metric affects your process management.
Project ROI: A Key Metric for Project Selection and ... - iSixSigma
Oct 24, 2024 · What is your Project ROI? Find out how this crucial metric can help in your project selection within your organization.
Rolled Throughput Yield (RTY): Make Sure Your Production Is
Feb 3, 2025 · What is rolled throughput yield? This calculation can reveal quite a bit about the production process, see how it applies to your processes.
Understanding Process Sigma Level - iSixSigma
Jan 28, 2025 · Do you understand the Sigma Level of your processes? This comprehensive guide shows you how to calculate and interpret the data.