Takt is a German expression meaning Pace.
Takt Time is a manufacturing term meaning the pace that production must take place to satisfy customer demand. For example, if 900 items are required to be produced every shift, and a shift has 7.5 production hours (450 minutes) then 900/450 tells us that 2 items must be produced every minute. Hence the Takt time is 0.5 minutes.
This means that each step in the production process must produce an item every 0.5 minutes to satisfy demand.
Use the Index with Groups function to recreate Takt Times.