by Dr Lisa | POOGI Series, theory of constraints Marketing
When asked about what is unique and different about their company, most people reply with some of the following typical answers: We provide great customer service Our quality is outstanding We innovate and/or help our customers to innovate We have great employees We...
by Dr Lisa | POOGI Series, theory of constraints Marketing
What are the problems associated with marketing and sales? The problems associated with marketing and sales are many, varying, and widespread. A few of the typical responses to marketing and sales problems include: To prospects, what you say sounds the same as your...
by Dr Lisa | POOGI Series, Theory of Constraints Finance, Accounting, and Cash Flow, Theory of Constraints in Operations
Up to this point, we have discussed how Drum-Buffer-Rope scheduling has the potential to double your capacity with little or no investment or expense. And Throughput Accounting has provided you visibility on the rate at which you make money. Both of these...
by Dr Lisa | POOGI Series
What is the effect on the monthly Profit and Loss statement from this? Because cost accounting (and GAAP) requires that inventory absorb allocated costs, the effect is that all of the cost allocations from prior months that are attached to the inventory will be...
by Dr Lisa | POOGI Series
Conventional cost accounting assumes that incremental and isolated cost improvements are productive and in support of an organization’s goals, and that global improvement equals the sum of local improvements. Since a conventional cost accounting system relies on...
