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- Q5428776 subject Q6577793.
- Q5428776 subject Q6683771.
- Q5428776 subject Q7313221.
- Q5428776 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.".
- Q5428776 wikiPageWikiLink Q1129517.
- Q5428776 wikiPageWikiLink Q1423657.
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- Q5428776 wikiPageWikiLink Q2920921.
- Q5428776 wikiPageWikiLink Q380204.
- Q5428776 wikiPageWikiLink Q395.
- Q5428776 wikiPageWikiLink Q4402708.
- Q5428776 wikiPageWikiLink Q492886.
- Q5428776 wikiPageWikiLink Q638123.
- Q5428776 wikiPageWikiLink Q6577793.
- Q5428776 wikiPageWikiLink Q6683771.
- Q5428776 wikiPageWikiLink Q7313221.
- Q5428776 wikiPageWikiLink Q815410.
- Q5428776 wikiPageWikiLink Q845777.
- Q5428776 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.".
- Q5428776 label "Factory Physics".