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Tate Lyle is a global provider of ingredients and solutions to the food, beverage, animal feed, pharmaceutical and personal care industry, operating in over 30 production facilities and research centers throughout the Americas, Europe and South East Asia.
Total industrial production, capacity and utilization (Federal Reserve, 2010)
The statistical release of the Federal Reserve, Industrial Production and Capacity Utilization: The 2010 Annual Revision, presents a thorough analysis of the industrial production (IP) index and the related performance measures of production capacity.
Company
Ford Motor Company
Setting
In late 1960s, Ford was facing increasing competition from domestic carmakers and Japanese imports.
Mandate
In June 1967 Ford started planning a new model that would outdo the competition. Lee Iaccoca, Vice-President and head of production at the time championed the project that was meant to deliver what was nicknamed “Lee’s car”. lee formulated a set of performance indicators with specific targets to define the parameters of the new product: “The Pinto was not to weigh an ounce over 2,000 pounds and not cost a cent over $2,000” (Dowie, 1977).
Maintenance is the subcategory of the Production functional area that deals with the technical and administrative aspects of assuring that an item can perform its required functions during its life cycle.
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