Factories often talk about takt time. I know that cycle time is the duration between the production of two consecutives pieces, if so, then what is takt time?
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Takt time is the measure of how fast you need to make a unit to keep up with demand. Cycle time is the measure of how long it actually takes.
Takt time is (Hours available for production) / (Customer Demand)
Cycle time is (Hours used for production) / (Units produced)
They are both useful to know. If your cycle time is higher than your takt time, you can’t keep up with demand, which is bad. If your cycle time is lower than your takt time, you have unused capacity.
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