Production process theory/equations (Industrial Engineering help)

AI Thread Summary
The discussion focuses on finding theories or equations to optimize a five-stage production sequence in a financial consulting context that mimics industrial processes. Participants highlight the issue of imbalances in production flow, where the front end experiences starvation while the back end is overworked. Recommendations include researching Lean Manufacturing principles, emphasizing the importance of pulling work through the production line to minimize work in process (WIP) and inventory. Identifying and eliminating non-value-added tasks is also suggested to enhance efficiency. Overall, applying Lean Manufacturing concepts like production leveling is seen as a potential solution for achieving a smoother production process.
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Anyone know of some theory or equations to smooth out a 5 stage production sequence? I don't even know what the proper terms and jargon is otherwise I would just google it.


Why don't I have an in house industrial engineer? Because its not a factory its a financial industry consultant...lol...and what I manage seems to mimic an industrial manufacturing process.

We seem to yo-yo between inequalities in the "production line" at the front end, and then the back end is starved...we speed up the back end and the front end is starved...(if that makes any sense to anybody)

Thanks!
 
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You should research "Lean Manufacturing"

Also, Remember every end item needs to be sold and shipped immediately. Then, you want to pull the work through the production line not push. This way you reduce excessive work in process (WIP) and inventory to the minimum.

Also, look for non-value added tasks and eliminate.

Do this and you will end up with an effective and optimized production line.
 
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Hey thanks Gannet! - I am going to hazard a guess that production leveling from lean manufacturing is what I'll start looking into lol
 
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