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Material Yield Variance

Purpose -

This lean manufacturing KPI takes the estimated amount of material required for a product and compares it against the amount of material actually used.

Operational Definition -

Actual Material Use / Expected Material Use

Type of Metrics -

KPI

Function -

Manufacturing

Associate Function -

Manufacturing

Desired Trend -

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Recommended Frequency - 

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External References -

https://www.accountingtools.com/articles/material-yield-variance

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