Profit, Cash Flow, and Factory Physics Science


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Profit, Cash Flow, and Factory Physics Science
10112031011208101020410304001030900 Profit, Cash Flow, and Factory Physics ScienceThe ultimate measures for business are profit and cash. The Factory Physics approach has a direct impact on profit and cash, as reflected in traditional financial statements. While Factory Physics is primarily a theory of operations behavior, it can also be viewed in one sense as a theory of cash flow, profit, and return on assets. The buffers of inventory, capacity, and time and the demand-stock-production (DSP) framework essentially correspond to the …
Citation
Edward S. Pound; Jeffrey H. Bell; Mark L. Spearman, Ph.D.: Factory Physics for Managers: How Leaders Improve Performance in a Post–Lean Six Sigma World. Profit, Cash Flow, and Factory Physics Science, Chapter (McGraw-Hill Professional, 2014), AccessEngineering Export