Time Flashcards

1
Q

The actual amount of time a team spends working on producing an item (single unit), up until the product is ready for shipment.

A

Cycle Time

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2
Q

Total Available Work Time divide by Number of Units Produced

A

Cycle Time

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3
Q

Time from the Cradle to the Grave; time starts when the order comes in and ends when product/service is delivered to customer.

A

Lead Time

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4
Q

Manufacturing Time + Procurement Time + Shipping Time + etc.

A

Lead Time

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5
Q

Little’s Law

A

Lead Time = WIP divided by Throughput Rate

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6
Q

How much work is waiting to be completed. Work that has been started but not completed.

A

Work in Process (WIP)

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7
Q

How many things we can complete during a selected time period (Total production number per time unit [hours, days, weeks]).

A

Average completion rate (Throughput rate)

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8
Q

A maximum amount of time in which a product needs to be produced in order to satisfy customer demand.

A

Takt Time

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9
Q

is the time it takes to provide a service to one customer.

A

Cycle Time

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10
Q

is the time the customer wants the service to be completed.

A

Takt Time

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11
Q

the time a work item has to be produced in order to meet customer demand.

A

Takt Time

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12
Q

Total Available Work Time divided by Customer Demand

A

Takt Time

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13
Q

the time taken to produce one work item

A

Cycle Time

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14
Q

Total Available Work Time divided by Number of Units Produced

A

Cycle Time

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15
Q

Total Cycle Time divided by Takt Time =

A

Minimum Staffing Required

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16
Q

The actual time it took to do a part of the process or the sum of those times for total process time; multiple items can be worked on simultaneously

A

Process Time

17
Q

If Takt time is greater than Cycle time…
a) You will exceed customer demand
b) You have excess capacity
c) You will not meet customer demand
d) You will meet customer demand

A

b) You have excess capacity

18
Q

The total time elapsed from the customer order to receipt to finished products is known as the…
a) Lead time
b) Takt time
c) Unit time
d) Cycle Time

A

a) Lead time

19
Q

Takt is a German word that means…
a) Rhythm of assembly lines
b) Producing to the beat of the customer
c) Wasteful practices
d) None of these is correct

A

b) Producing to the beat of the customer

20
Q

If every step in our process takes less than the Takt Time, we will always be capable of fulfilling customer demand.
a) True
b) False

A

a) True