Toyota Production System and J-Cost Theory : Proposing a New Theory for Quantifying Lead Time Reduction

Key Points

• The aim is to develop a new theory that quantifies lead time reduction within the Toyota Production System.
• Examined existing frameworks of the Toyota Production System.
• Investigated the principles of J-Cost Theory.
• Proposed a novel method to measure lead time changes.
• Introduced a theoretical framework for quantifying lead time reduction.
• Identified key factors influencing on-site improvement.
• Proposed actionable strategies for enhancing production efficiency.