Process Velocity is a measure of performance
Find the Total throughout time and value-added time
Plug the above values in formula below
Process Velocity=Total throughput time/value-added time
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.
