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    Cover
    Series
    Title Page
    Copyright
    Dedication
    Preface
    Acknowledgments
    CHAPTER ONE: Introduction
    CHAPTER TWO: Asset Utilization Measurements
    CHAPTER THREE: Operating Performance Measurements
    CHAPTER FOUR: Cash Flow Measurements
    CHAPTER FIVE: Liquidity Measurements
    CHAPTER SIX: Capital Structure and Solvency Measurements
    CHAPTER SEVEN: Return on Investment Measurements
    CHAPTER EIGHT: Market Performance Measurements
    CHAPTER NINE: Measurements for the Accounting/Finance Department
    CHAPTER TEN: Measurements for the Engineering Department
    CHAPTER ELEVEN: Measurements for the Human Resources Department
    CHAPTER TWELVE: Measurements for the Logistics Department
    CHAPTER THIRTEEN: Measurements for the Production Department
    CONSTRAINT PRODUCTIVITY
    TAKT TIME
    CONSTRAINT REWORK PERCENTAGE
    CONSTRAINT SCHEDULE ATTAINMENT
    CONSTRAINT UTILIZATION
    OPERATIONAL EQUIPMENT EFFECTIVENESS
    DEGREE OF UNBALANCE
    THROUGHPUT EFFECTIVENESS
    MANUFACTURING CRITICAL PATH TIME
    MANUFACTURING EFFICIENCY
    BREAK-EVEN PLANT CAPACITY
    MANUFACTURING EFFECTIVENESS
    PRODUCTIVITY INDEX
    UNIT OUTPUT PER DIRECT LABOR HOUR
    AVERAGE EQUIPMENT SETUP TIME
    UNSCHEDULED MACHINE DOWNTIME PERCENTAGE
    MEAN TIME BETWEEN FAILURES
    ACCEPTABLE PRODUCT COMPLETION PERCENTAGE
    WORK-IN-PROCESS TURNOVER
    WORK-IN-PROCESS TO STANDARD WORK-IN-PROCESS
    SCRAP PERCENTAGE
    FIRST-TIME-THROUGH YIELD
    WARRANTY CLAIMS PERCENTAGE
    MAINTENANCE EXPENSE TO FIXED ASSETS RATIO
    INDIRECT EXPENSE INDEX
    REORDER POINT
    ON-TIME DELIVERY RATIO
    CHAPTER FOURTEEN: Measurements for the Sales and Marketing Department
    CHAPTER FIFTEEN: Measurement Analysis with an Electronic Spreadsheet*
    Appendix: Measurement Summary
    Glossary
    About the Author
    Index
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    CHAPTER THIRTEEN: Measurements for the P... > MANUFACTURING EFFICIENCY

    MANUFACTURING EFFICIENCY

    Description: Though the preceding manufacturing effectiveness measure is a prime driver of corporate profitability, it is also useful to determine the overall level of efficiency of manufacturing operations. The manufacturing efficiency measure determines the proportion of value-added operational time to the total amount of time required to convert raw materials into finished goods. Typical efficiency measures can be hundreds or even thousands to one, because of the large proportion of setup times, queue times, and materials-handling times built into a manufacturing operation. Thus, the manufacturing efficiency measure can be a prime benchmark for an ongoing drive to improve the overall level of manufacturing efficiency.


      

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