Measuring the impact of Lean tools on the cost–time investment of a product using cost–time profiles

Traditional costing systems consider the accumulation of costs, but not their timing. Value stream mapping presents a good picture of the time consumed and operations performed for the production of a product within a manufacturing facility, but it does not track the accumulation of costs. The cost–time profile (CTP) is a tool that follows the accumulation of cost in the manufacturing of a product through time; and it finds the cost–time investment (CTI), which is an indicator of the use of resources in the manufacturing of a product through quantities and timing. In this paper, the expected impact of Lean implementations on the CTP and CTI is discussed. The CTP is proposed as a useful tool for the evaluation of the improvements achieved by the implementation of Lean tools and techniques.

• Autores: Rivera Cadavid, Leonardo
• Tipo de recurso: Article of investigation
• Fecha de publicación: 2007
• Institución: Universidad ICESI
• Repositorio: Repositorio ICESI
• Idioma: eng
• OAI Identifier: oai:repository.icesi.edu.co:10906/79591
• Acceso en línea: http://www.sciencedirect.com/science/article/pii/S073658450700021X; http://hdl.handle.net/10906/79591; https://doi.org/10.1016/j.rcim.2007.02.013
• Palabra clave: Ingeniería de producción; Inversión de costo; Medición; Costo; Inversión; Production engineering
• Rights: openAccess
• License: https://creativecommons.org/licenses/by-nc-nd/4.0/