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Efficiency

Thumbnail of article on How-to-prioritize-machines-and-activities-in-SMED

How to prioritize machines and activities for implementing SMED

This article is written by Bharathkumar Radha Krishna. He is an Industrial engineer with expertise in lean methodologies and value stream mapping In this article, we will dive deeper into SMED. We will discuss how to prioritize machines and activities for implementing SMED, define economic lot size quantity, and will provide tips and techniques. In […]

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Efficiency

Efficiency represents how much of the input given to a process/machine is converted to useful output. Importance of Efficiency By calculating efficiency, we can know how much amount of input given to a process is converted to a useful output and how much input is wasted without converting into useful output. This knowledge will helps

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