Factory Physics: The Science of Manufacturing Performance
Factory Physics is the study of manufacturing systems and their performance, based on principles from physics, mathematics, and engineering. It seeks to provide a systematic understanding of the behavior of manufacturing systems, and to develop methods for improving their performance and efficiency. At its core, Factory Physics is based on the principle that manufacturing systems are complex systems that operate according to well-defined physical laws. By understanding these laws and their implications for manufacturing performance, it is possible to design and optimize manufacturing systems to achieve better results. One of the key concepts in Factory Physics is the concept of the “production rate curve”. This curve shows the relationship between production rate and inventory levels, and it is a fundamental tool for understanding manufacturing performance. The production rate curve can help managers to understand the trade-offs between production rate, inventory levels, and customer service levels, and to design systems that…
