Why read ‘Factory Physics’?
This book encapsulates production management as a science rather than merely an art and demonstrates how production can be improved through scientific bent of mind and data analysis along with intuitive insight. In essence, the book posits that the managers and engineers must work towards identifying opportunities for improving existing systems, design effective new systems, and make the trade-offs needed to coordinate policies from disparate areas. This work has won the 1996 Institute of Industrial Engineers IIE/Joint Publishers Book of the Year Award.
Excerpts: “It is interesting to note that both, the best-case scenario and worst-case performances occur in systems with no randomness.”