Lean Metrics

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Describe the definition and how to calculate the following indicators or metrics:
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•Cycle time- Cycle time is the total time from the beginning to the end of your process, as defined byyou and your customer. Cycle time includes process time, during which a unit is acted upon to bring it closer to an output, and delay time, during which a unit of work is spent waiting to take thenext action.
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•Changeover time
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•Uptime (Availability rate)-------------------------------------------------
•First pass rate (yield)
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•Scrap rate
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•Overall Equipment Effectiveness-------------------------------------------------
•Takt time- Lean Production uses Takt Time as the rate that a completed product needs to be finished in order to meet customer demand. If you have a TaktTime of two minutes that means every two minutes a complete product, assembly or machine is produced off the line. Every two hours, two days or two weeks, whatever your sell rate is your Takt Time.Where
Ta = Net time available to work, e.g. [minutes of work / day]
Td = Time demand (customer demand), e.g. [units required / day]
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•Lead time- The amount of time, defined by the supplier, that is required to meet a customer request or demand. (Note, Lead Time is not the same as CycleTime).
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•EBIT
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•Inventory turns (Raw Material, Work In Process or WIP, Finished Product)-...