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Thermodynamic Patent as Filed
George, Michael Louis - Institute of Business Entropy - 2011
Predictive cost reduction based on a thermodynamic model, in which parameters associated with a process are accessed. The parameters include a quantity of units of Work-in-process at first and second times, and first and second constants respectively indicative of growth between the first and...
Persistent link: https://www.econbiz.de/10011253013
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METHOD FOR DETERMINING AND ELIMINATING THE DRIVERS OF NON-VALUE ADDED COST DUE TO PRODUCT COMPLEXITY AND PROCESS PARAMETERS
George, Michael Louis - Institute of Business Entropy - 2003
This Application claims the priority of U.S. Provisional Patent Application Serial No. 60/479,333, Filed: June 18, 2003.
Persistent link: https://www.econbiz.de/10011253014
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Derivation of the the conversion factor from bits of entropy to dollars of waste
George, Michael Louis - Institute of Business Entropy - 2013
Derivation of the the conversion factor ßM, from bits of entropy to dollars of waste …
Persistent link: https://www.econbiz.de/10010728836
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Effective Mass Me of WIP derived from Little’s Law
George, Michael Louis - Institute of Business Entropy - 2013
Effective Mass Me of WIP derived from Little’s Law
Persistent link: https://www.econbiz.de/10010728837
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Equi-partition of Energy of WIP R
George, Michael Louis - Institute of Business Entropy - 2013
Derivation of the the conversion factor BM, from bits of entropy to dollars of waste …
Persistent link: https://www.econbiz.de/10010733772
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Derivation of Minimum Batch size to minimize WIP and Cycle Time
George, Michael Louis - Institute of Business Entropy - 2013
Derivation of Minimum Batch size to minimize WIP and Cycle Time R
Persistent link: https://www.econbiz.de/10010838884
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Derivation of the Probability Distribution of WIP velocities
George, Michael Louis - Institute of Business Entropy - 2013
The Ohno Criterion states that WIP with faster velocities have lower cost than WIP with average slower velocities, in manufacturing cycles per unit time: v=G/W where W= number of pieces of Work In Process Inventory (WIP), and G = rate at which pieces exit from WIP to finished goods per unit...
Persistent link: https://www.econbiz.de/10010838885
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United States Patent Application Publication - Predictive Cost Reduction Based on a Thermodynamic Model
George, Michael Louis - Institute of Business Entropy - 2007
Predictive cost reduction based on a thermodynamic model, in which parameters associated with a process are accessed. The parameters include a quantity of units of work-in-process at first and second times, and first and second constants respectively indicative of growth between the first and...
Persistent link: https://www.econbiz.de/10009643127
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What is Business Entropy
George, Michael Louis - Institute of Business Entropy - 2008
a manufacturing or service process to create useful products and services. Inevitably business processes must waste some … minimum amount of waste in a business process? Can we find an equation for this waste similar to that of Clausius that may … tell us how to reduce the waste? A practical procedure for necessary data collection is defined which will allow management …
Persistent link: https://www.econbiz.de/10008631492
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Log Cycle Time as a Predictor of Cost Reduction
George, Michael Louis - Institute of Business Entropy - 2008
reduction which reduce cycle time and improve quality. Empirical data indicates that cost reduction due to waste elimination is … and waste in a Carnot Heat engine. We hypothesize that the waste in an economic process is also proportional to entropy as …
Persistent link: https://www.econbiz.de/10005549330