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Factory Physics is the study of the underlying behavior of manufacturing systems. It allows us to identify optimizations, design new systems, and balance tradeoffs to coordinate policies from disparate areas.
- Low-level operations details have always had strategic consequences for manufacturing firms.
- The answer to the problem of operations management is not what to do about manufacturing problems, but how to think about them
- Factory physics is founded on — Problem solving, Technical details, and Well-developed intuition about the manufacturing processes.
- We make use of prescriptive models based on provided assumptions. In this sense, all laws in Factory Physics are tautologies. These assumptions, however, can be validated with empirical evidence.
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Factory Physics is a scientific approach.
- The scientific approach gives a set of tools for understanding the system.
- Science offers precision using the language of Mathematics.
- Science offers intuition about the world around us.
- Science facilitates synthesis of disparate perspectives.