Includes index.

"From the award-winning developers of Factory Physics--a leadership guide for breakthrough productivityIn the past, executive management of operations has typically involved a hodgepodge of copycat initiatives, mathematics, and software--and hoping for the best.Factory Physics for Managers provides a fundamental science in a practical framework that will immediately improve executives' and managers' intuition, provide a clearer view of their company and its operations, and enable them to lead their organizations much more effectively. The book explains the relationships between capacity, inventory, response time, and variability--and then shows how managers can use those relationships to design and execute strategic business plans.Jeffrey H. Bell is a managing partner of Arc Precision, a supplier of precision engineered components to the medical device industry, and he serves on the advisory board for Factory Physics Inc. Edward S. Pound is Chief Operations Officer at Factory Physics Inc. Mark L. Spearman is the founder, president, and CEO of Factory Physics Inc. and coauthor of Factory Physics"--