Overview
Can you help me understand this Engineering question?
lean six sigma Importance of short production cycle times
Henry Ford claimed that “One of the most noteworthy accomplishments in keeping the price of Ford products low is the gradual shortening of the production cycle. The longer an article is in the process of manufacture and the more it is moved about, the greater is its ultimate cost.”
Discuss why Henry Ford’s assertion is correct.
text book
The Six Sigma Way by P. Pande, R. Neuman, R. Cavanagh;McGraw Hill Publishers; 2014,
The Lean Enterprise Memory Jogger (GOAL QPC) ISBN 1-57681-045-3
2nd edition, ISBN 978-0-07-149732-9, MHID 0-07-149732-3