by Dr Lisa | american manufacturing compeitiveness, cost accounting, machine shops, truly variable costs, tvc
We are continuing our series based on The Goal by Eliyahu M Goldratt and the Theory of Constraints. {This series was co-written with Brad Stillahn.} Cost accounting is alive and well in American business (and around the world really), even though it is an invalid, old...
by Dr Lisa | measurements, operating expense, theory of constraints, theory of constraints measures, throughput, TOC, toc measures, truly variable costs
We are continuing our series based on The Goal by Eliyahu M Goldratt and the Theory of Constraints. {This series was co-written with Brad Stillahn.} To make managing a complex organization easier, we break organizations into pieces. Many of the current measurements...
by Dr Lisa | critical chain, Dr Lisa Lang, excess capacity, goldratt, it's not luck, maximizing profitability, the goal, theory of constraints, throughput accounting, truly variable costs, viable vision
Question: How much excess capacity do you need to have to make a Viable Vision viable? Answer: It depends. Squeezing more capacity out of your existing operation without investment is relatively easy (you read about it in The Goal, Its Not Luck, and Critical Chain)....
by Dr Lisa | Dr Lisa Lang, factoring receivables, receivables factoring, throughput, truly variable costs
Question: Should I factor (sell) my receivables? I could use the cash, but the cost seems too high. Answer: This question is hard to answer without more information, so let’s look at an example: Let’s say it costs you $40 to make a product you typically sell for $100....
