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Reducing Production Costs
This book is written for everyone who is trying to do more with less! Using a proven methodology of reducing production costs, it shows you how to evaluate paybacks so that you can pick winning improvement strategies. Unlike many programs (that often rely on smoke and mirrors), this approach is built solely on the process data itself. These techniques remove guesswork and replace it with practical tools built upon a rigorous theoretical foundation.
Some of this material has been available for years, but there has been no serious effort to integrate the tools into the conceptual framework that promotes their effective use.
Use this book and join practitioners who have been taught the conceptual framework for the techniques and have had spectacular results! Their success is proof that this methodology, used as the foundation for improvement efforts, does work-and works supremely well-in practice.
Discover how the nature of data leads to two distinctly different approaches to improvement. Learn how to get the most out of existing systems using observational studies. See how to quantify the Excess Costs of Production. Learn how to quantify the Excess Costs of Use. Discover how these Excess Costs are related to Capability Indexes. Learn how to use the tables to find the Excess Costs for: Two-Sided Specifications, One-Sided Specifications, Target at Boundary Condition, and when the Nominal Costs change with aim. Get the formulas for finding the Excess Costs for Count Data. Find all of the computational details for the ten tables of Excess Costs in the summary chapter.
This book is intended to breathe a breath of life into the dry bones of the computations and techniques of SPC, and to take you to the point where you understand how simple and easy it is to continually and relentlessly reduce production costs-leading, of course, to a better bottom line!