The ©TREAT 1,2,3 methodology is a problem solving methodology used by Lean Strategies International LLC that when applied to processes (technical, methodological, philosophical) can effectively reveal root causes related to issues / problems or opportunities in a process and guide users towards solutions for a more stable, effective, efficient and value adding process.
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RunTime is the time needed or required to process an item. It is part of the actual operations time and usually is defined or specified inside of the routing. The runtime is dependent on the volume or the qty of parts that you are producing.
Multiple Regression is a form of regression analysis that explains the relationship of "multiple" predictor or independent variables with one dependent variable.
Lead time is the total amount of time it takes from the initial receipt of a customer request for an order to the fulfillment of their request.
Setup time is the time required for a specific machine or resource to convert from the production of the last good piece to the next pieces first good part.
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June 2024
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