This one-day workshop teaches how to choose the most effective strategies for reducing production costs. Using the Effective Cost of Production and Use, you learn how to reduce excess costs, increase the profitability of operations, and document the dollars saved.
It begins with a comprehensive treatment of the questions surrounding process capability. Then, based on the average costs-of-use, capabilities are converted into Effective Costs of Production and Use. By evaluating these values for different scenarios you can determine potential savings for different improvement strategies, which will allow you to choose the improvement strategy with the greatest potential savings.
This workshop is intended for those dealing with capability issues in a production setting and those who are charged with improving processes and systems. It should be an integral part of every Six Sigma initiative.
This workshop uses Reducing Production Costs as its textbook.