Takt Time Calculator
The space between customer demand and wall clock time is called takt time. A typical manager think he has 8 hours of work time (e.g., … Read More
Everyday business and workplace math: profit margin, markup, ROI, break-even, sales tax, invoices and hourly pay. Practical tools for freelancers, small businesses and anyone running the numbers on their work.
Everyday business and workplace math: profit margin, markup, ROI, break-even, sales tax, invoices and hourly pay. Practical tools for freelancers, small businesses and anyone running the numbers on their work.
The space between customer demand and wall clock time is called takt time. A typical manager think he has 8 hours of work time (e.g., … Read More
Just because there’s a lot going on doesn’t necessarily mean you are getting more done. You might have busy machines with bodies moving around the … Read More
Look at a busy team. Things appear to be fine. There’s lots of motion: people typing, machines running, the floor humming with activity. Activity isn’t … Read More
The majority of business owners has trained themselves to think of people as a line item on their income statement that should of being reduced … Read More
And now you’re staring at a spreadsheet making no sense whatsoever. You have six part-time assistants working twenty hours. And then you have a dozen … Read More
In planning meetings, there’s a tension between department heads trying to get their preferred hires through the door. Why do we need these hires? When … Read More
At the beginning of day, it’s spreadsheets, a full roster and a strategic plan. Before noon, two employees has resigned. Another has been fired because … Read More
Here’s how it works: You pay a person $72,000 per year to work for you. And you think they’re costing you $72,000. They’re not. Because … Read More
Lead time demand is calculated to show the quantity of items you’ll sell before receiving next order. It isn’t just about total sales but also … Read More
This is where the economic order quantity formula come into play. Instead of guessing, you plug in a few numbers and equation tells you how … Read More