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A MATHEMATICAL MODEL FOR PROCESS CYCLE TIME - THEORY AND CASE STUDYKeywords: process cycle time , Box-Cox transformation , exponential regression Abstract: The article focuses on derivation of a regression model which describes dependence of process cycle time on relevant factors entering the process. The analyzed processes are typical in that the coefficient of variation of times corresponding to a given level of influential factors remains stable if the level of the factors change. The derived model is subsequently applied to real industrial data which show that such a model is suitable for the description of relations. The paper has been published with support of Slovak Ministry of Education project KEGA 3/6411/08 Transformation of the already existing study programme Management of production quality to an university-wide bilingual study programme“.
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