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- Factory_Physics abstract "Factory Physics is a book written by Wallace Hopp and Mark Spearman, which introduces a framework for manufacturing management. According to the book's preface, Factory Physics is \"a systematic description of the underlying behavior of manufacturing systems. Understanding it enables managers and engineers to work with the natural tendencies of manufacturing systems to: Identify opportunities for improving existing systems. Design effective new systems. Make the trade-offs needed to coordinate policies from disparate areas.The book is used both in industry and in academia for reference and teaching on operations management. It describes a new approach to manufacturing management based on the laws of Factory Physics science. The fundamental Factory Physics framework states that the essential components of all value streams or production processes or service processes are demand and transformation which are described by structural elements of flows and stocks. There are very specific practical, mathematical relationships that enable one to describe and control the performance of flows and stocks. The book states that, in the presence of variability, there are only three buffers available to synchronize demand and transformation with lowest cost and highest service level:capacityinventoryresponse time.The book states that its approach enables practical, predictive understanding of flows and stocks and how to best use the three levers to optimally synchronize demand and transformation.This work won the 1996 Institute of Industrial Engineers IIE/Joint Publishers Book of the Year Award.".
- Factory_Physics wikiPageID "17644390".
- Factory_Physics wikiPageLength "2492".
- Factory_Physics wikiPageOutDegree "18".
- Factory_Physics wikiPageRevisionID "658452861".
- Factory_Physics wikiPageWikiLink CONWIP.
- Factory_Physics wikiPageWikiLink Capacity_utilization.
- Factory_Physics wikiPageWikiLink Category:1996_books.
- Factory_Physics wikiPageWikiLink Category:Manufacturing.
- Factory_Physics wikiPageWikiLink Category:Physics_books.
- Factory_Physics wikiPageWikiLink Cost.
- Factory_Physics wikiPageWikiLink Demand.
- Factory_Physics wikiPageWikiLink Institute_of_Industrial_Engineers.
- Factory_Physics wikiPageWikiLink Inventory.
- Factory_Physics wikiPageWikiLink Management.
- Factory_Physics wikiPageWikiLink Manufacturing.
- Factory_Physics wikiPageWikiLink Mathematics.
- Factory_Physics wikiPageWikiLink Operations_management.
- Factory_Physics wikiPageWikiLink Service_level.
- Factory_Physics wikiPageWikiLink Statistical_dispersion.
- Factory_Physics wikiPageWikiLink Supply_chain_management.
- Factory_Physics wikiPageWikiLink Trade-off.
- Factory_Physics wikiPageWikiLinkText "Factory Physics".
- Factory_Physics wikiPageUsesTemplate Template:Italic_title.
- Factory_Physics wikiPageUsesTemplate Template:Refbegin.
- Factory_Physics wikiPageUsesTemplate Template:Refend.
- Factory_Physics wikiPageUsesTemplate Template:Reflist.
- Factory_Physics subject Category:1996_books.
- Factory_Physics subject Category:Manufacturing.
- Factory_Physics subject Category:Physics_books.
- Factory_Physics hypernym Book.
- Factory_Physics type Book.
- Factory_Physics type Work.
- Factory_Physics type Book.
- Factory_Physics type Work.
- Factory_Physics comment "Factory Physics is a book written by Wallace Hopp and Mark Spearman, which introduces a framework for manufacturing management. According to the book's preface, Factory Physics is \"a systematic description of the underlying behavior of manufacturing systems. Understanding it enables managers and engineers to work with the natural tendencies of manufacturing systems to: Identify opportunities for improving existing systems. Design effective new systems.".
- Factory_Physics label "Factory Physics".
- Factory_Physics sameAs Q5428776.
- Factory_Physics sameAs m.046325g.
- Factory_Physics sameAs Q5428776.
- Factory_Physics wasDerivedFrom Factory_Physics?oldid=658452861.
- Factory_Physics isPrimaryTopicOf Factory_Physics.