Takt time is a calculation of the available production time divided by customer demand.
For example, if a widget factory operates 480 minutes per day and customers demand 240 widgets per day, takt time is two minutes. Similarly, if customers want two new products per month, takt time is two weeks. The purpose is to precisely match production with demand.
Takt is German for a precise interval of time such as a musical meter.
source: https://www.lean.org/lexicon-terms/takt-time/
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