Queueing Theory

After a brief introductory chapter, Factory Physics 3/e is divided into three parts: I – The Lessons of History; II – Factory Physics; and III – Principles in Practice. The scientific approach to manufacturing and supply chain management, developed in Part II, is unique to this text. No other text or professional book provides a rigorous, principles-based foundation for manufacturing management. The Third Edition offers tighter connections between Lean Manufacturing, MRP/ERP, Six Sigma, Supply Chain Management, and Factory Physics. In addition to enhancing the historical overview of how these systems evolved, the authors show explicitly how users can achieve Lean Manufacturing objectives (faster response, less inventory) using the integration aspects of MRP/ERP/SCM systems along with the variance analysis methods of Six Sigma. Factory Physics provides the overarching framework that coordinates all of these initiatives into a single-focused strategy.

I highly recommend this book to lean practitioners, operations researchers in any industry – highly relevant.