Measures the time taken to complete one full production cycle, from start to finish.
What it Measures ?
How long one product takes from start to finish.
Relevant StakeHolders
Process Engineer, Lean Consultant
Why it Matters ?
Optimizes production cycle times.
In-depth Use Case / Real-world Example
Cycle Time Analysis evaluates how long it takes to produce one unit of product, starting from raw material input to finished goods. For instance, if it takes 10 hours to produce 1,000 units, the cycle time is 10 hours divided by 1,000, which equals 0.01 hours per unit. Reducing cycle time can lead to faster production, lower costs, and increased customer satisfaction by delivering products quicker. Analyzing cycle times helps identify bottlenecks and inefficiencies, guiding improvement efforts.
Sample Formula
Total Time to Complete One Cycle / Units Produced