Using cycle time to measure performance and control costs in focused factories

doi:N/A

eISSN: 1848-137X / ISSN: None

Journal of Cost Management

Volume 16, Issue 6 : 18-23

Research Article

Using cycle time to measure performance and control costs in focused factories

Leslie Kren

Thomas Tyson

University of Wisconsin-Milwaukee, Milwaukee, WI, United States; Department of Accounting and Finance, St. John Fisher College in Rochester, Rochester, NY, United States

Abstract

The performance and control costs in focused factories are measured using cycle time (CT). The focused factories that contain production cells segregate and separately monitor unique processes and services. In conjunction with cost variance analysis, cycle time metrics can be used to discover cycle-time efficiencies and non-value-added cost.

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