Question: A powerful example of setup time reduction is the process of changing tires. When we get a flat tire, we have to change it, taking

A powerful example of setup time reduction is the process of changing tires. When we get a flat tire, we have to change it, taking 10 minutes or more, and then we drive to the tire store to fix or replace the flat. Usually the process takes at least one hour. In a car race, however, all four tires are changed in a matter of seconds. Every lost second represents about 500 yards of distance in the race, so a fast setup time is critical for success. Clearly, with enough investment and ingenuity, most setup times can be reduced.

Identify some of the changes that can be implemented (or already have been) to a business model/process to enable such a fast setup time (including product design, having replacements available where and when needed, devoting human resources to the task, using automation, etc.). If not from a product or company, think about processes that you do in your daily lives.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!