How to Calculate Process Velocity

By byllz

Rate: (3 Ratings)

Process Velocity is a measure of performance

Instructions

Difficulty: Moderately Easy
Step1
Find the Total throughout time and value-added time
Step2
Plug the above values in formula below

Process Velocity=Total throughput time/value-added time
Step3
Sample Problem:

Process Velocity= 5 weeks x 5 days x 7 hours a day/ 4 hours a day=43.75

which means that it takes 43.75 times as long to complete the product as it does to do the actual work on the product itself. The lower it is, the better.

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eHow Article: How to Calculate Process Velocity

Article By: byllz

byllz

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Category: Personal Finance

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