The Pillars of The Toyota Production System Are Built Upon A Stable Foundation of Standardized Work and Continuous Improvement
The Pillars of The Toyota Production System Are Built Upon A Stable Foundation of Standardized Work and Continuous Improvement
Takt Time-total demand/time available, i.e. time per unit of product, rate at which the product
should be produced.
4M –
The variables that a production system manipulates to produce value for
customers. The first three are resources, the fourth is the way the resources
are used.
Evaluating the 4Ms aids in evaluating areas where small changes can focus
improvement efforts in the three key areas of quality, cost and delivery time.
Skewness is a measure of symmetry, or more precisely, the lack of symmetry. A
distribution, or data set, is symmetric if it looks the same to the left and right of
the centre point.
Any symmetric data should have a skewness near zero. Negative values for the
skewness indicate data that are skewed left and positive values for the skewness
indicate data that are skewed right
Data sets with high kurtosis tend to have heavy tails, or outliers. Data sets with
low kurtosis tend to have light tails, or lack of outlier.
Positive kurtosis indicates a "heavy-tailed" distribution and negative kurtosis
indicates a "light tailed" distribution.
Internal consistency describes the extent to which all the items in a test measure
the same concept or construct and hence it is connected to the inter-relatedness
of the items within the test