Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Operations research or analysis
Patent
1997-06-23
1999-10-12
Poinvil, Frantzy
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Operations research or analysis
G06F 1730
Patent
active
059666943
ABSTRACT:
A cycle time costing method and apparatus is provided to obtain cost, efficiency, bottleneck and value creation information in a manufacturing facility. The manufacturing facility includes a plurality of production lines with each production line including a plurality of process steps. A work cell which includes a plurality of workers is responsible for each process step. Each work cell has an associated local processing apparatus for inputting process step quantity and time information. The local processing apparatus is coupled to a central processing apparatus via local area network. The central processing apparatus then calculates cycle time costing information regarding each work cell in the manufacturing facility. The cycle time costing information may include, among other information, gross cycle time, net cycle time, bottleneck costs and scrap information for each process step and/or a product manufactured by a plurality of process steps. The cycle time cost information is then transferred to a printer or projection display nearby a work cell.
REFERENCES:
patent: 5189624 (1993-02-01), Barlow et al.
Lawrence S. Gould, "Monitoring Systems End Profit Give-Aways", Plastics World, pp. 52-55, Mar. 1995.
Rothschild Michael L.
Shwert Mark H.
Maxager Technology, Inc.
Poinvil Frantzy
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