DOWN TIME
DOWN TIME is an acronym for the eight wastes: defects, overproduction, waiting, not utilizing people to their full potential, transportation, inventory, movement, excess processing.
Definitions
According to Managerial Accounting by Braun, Tietz (5th edition),
- DOWN TIME. An acronym for the eight wastes: defects, overproduction, waiting, not utilizing people to their full potential, transportation, inventory, movement, excess processing.