Takt is a German word which was used as as a production management tool in 1930s. Takt time is a rate at which the finished product is produced and which is synchronized with the customer demand. Its a maximum amount of time in which a product needs to be produced in order to satisfy the customer demand. Its very important in balancing the work content at a continuous production line. Its a average time between start of production of one unit and start of production of the next subsequent unit. Its calculated as available production time divided by customer demand.