Manufacturing Operations Management & Lean Six Sigma

Financial Management: Standard and Actual Cost
Kasım 27th, 2016-Finance, Generaladmin 0 Comments

One of the interest topics of financial management process is the analysis of production costs. What is the standard cost of product, how much this product actually cost? In order to answer these questions, firstly it should be needed to investigate the factors that create the production costs. Production costs generally consist of two main [...]

Activity Base Costing (ABC)
Kasım 22nd, 2016-Finance, -Supply Chainadmin 0 Comments

Some taken decisions may result in frustration if the figures in financial statements which are used for giving many important strategical and tactical decision by doing profit/loss analysis are not correct. First of the biggest mistake that made in cost accounting is incorrect allocation of costs. Many companies allocate the costs with the most basic/general [...]

Dynamic Supply Chain Management (Leagile)
Şubat 9th, 2016Generaladmin 0 Comments

The balance between producers and consumer has been changing rapidly in an increasingly globalized world. In past, while producers had a say on issues that which product to produce, what product has properties and prices, nowadays this situation is completely on the customers hands if you do not produce extremely exclusive. As a natural result [...]

Lean (Efficiency  /  Effectiveness)

I took the hills by four wheel drives with a group of friends last week. During travelling one of the friends in the group asked me whether our trip was lean or not. According to him, we moved across step by step and lost time to reach the hill meeting with many cases. And these [...]

Cp / Cpk ! Six Sigma
Şubat 13th, 2014-Lean Six Sigma, Generaladmin 0 Comments

Process production capability (Cp and Cpk)   Process capability analyses which are done in order to exhibit process production capability are stated numerically by using Cp and Cpk indexes. It will be better to examine the subject of normal distribution which is the basis of our calculation before defining these indexes. Normal distribution: Suppose those [...]

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