Factory Physics?

Perfection of means and confusion of goals seem to characterize our age.

– Albert Einstein

Of Physics and Factory Physics

Mark L. Spearman

Factory Physics, Inc, 3600 E. 29th Street, Bryan, Texas 77802, USA, spearman@factorphysics.com

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The “Principle of Least Action" is the foundational principle of fundamental physics. Application of this principle to the supply chain naturally results in an “uncertainty principle” linking variation in production to variation in netinventory. The model also provides an easy means of determining the stationary distribution of net-inventory for a variety of control strategies. The formalism results in a control strategy that outperforms commonly used control methods.

Key words: production-inventory models; Brownian motion; uncertainty

History: Received: May 2013; Accepted: September 2013 by Kalyan Singhal, after 1 revision.

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Of Physics and Factory Physics

Unabridged Version 1.02

Mark L. Spearman

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Factory Physics, Inc.

3600 E. 29th Street

Bryan, Texas 77802

spearman@factorphysics.com

October 16, 2013, March 11, 2014

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2016 Top Markets Report Manufacturing Technology

A Market Assessment Tool for U.S. Exporters

U.S. Department of Commerce | International Trade Administration | Industry & Analysis (I&A)

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April 2016

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INDUSTRY OVERVIEW

The Machinery & Equipment Industry in Germany

ISSUE 2017/2018

A New Industrial Revolution: The Innovation Economy and Manufacturing

By Rob Hand, Ruediger Eichin, Reiner Bildmayer, and Stephanie Overby

MANUFACTURING, BY DEFINITION, IS THE PRODUCTION OF THINGS ON A LARGE SCALE. FROM HENRY FORD ONWARD, THE ABILITY TO MASS PRODUCE PRODUCTS HAS GENERATED UNTOLD AMOUNTS OF WEALTH AND TRANSFORMED THOUSANDS OF COMPANIES INTO HOUSEHOLD NAMES.BUT THAT ERA IS COMING TO AN END.

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NO.34

SAP Center for Business Insight | Brief | Q&A | Case Study | Inquiry | E-Book

A New Industrial Revolution: The Innovation Economy and Manufacturing

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On the economy of machinery and manufactures

Charles Babbage

Con un'introduzione di Erika Munno

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Testo in lingua originale tratto dal

patrimonio di

Fondazione Giangiacomo Feltrinelli

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On The Economy of Machinery and Manufactures

Charles Babbage