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Variability: Managing the Variability in Operations

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Operational Excellence

Part of the book series: Management for Professionals ((MANAGPROF))

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Abstract

The statistical nature of the operations consist of several variables as production equipment performances, people proficiency, process stability and few others. When we apply certain methodologies in planning and managing this variability we can minimize and diminish the effect the variability in the operations on its efficiency, output and financial results. These methodologies are significantly cost effective in compare to the alternative of building more plants for production and high capital investments in production equipment.

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© 2016 Springer International Publishing Switzerland

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Issar, G., Navon, L.R. (2016). Variability: Managing the Variability in Operations. In: Operational Excellence. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-20699-8_34

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