Changeovers—Shifting equipment from performing one activity to another. In production, this means switching cutting tools, forming dies, and making other changes that typically require production to temporarily stop.
Cross-process metrics—Measurements that draw data from more than one formally defined process in order to relate activities to bottom-line creation of value.
Cycle time variation—The time it takes to complete the steps within a given activity or series of activities for one processing cycle. In a manufacturing environment, this generally refers to the time it takes to turn out one part, component, or product off the line.
Dynamic effect—Overreactions from the uncertainty caused by deviations from intended outcomes, causing ...