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The Theory of Constraints for finance and measures is often a necessary, but not sufficient logistical application that must be introduced with nearly all of the other logistical solutions. An organization utilizes finance and measures to evaluate the performance of the entire system and there are 3 global operational measures – Throughput, Investment, and Operating Expense utilized to support decision-making. All decisions must be presented in a way that clearly identifies the impact to each of these measures.
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TOC – Finance & Measures - Overview |
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This is a very introductory workshop that teaches how finance and measures can often distort our current view of our organizations and often lead to decisions that do not serve the overall system well. The global operational measures of Throughput, Investment and Operating Expense are discussed and how these measures relate to Net Profit, Return on Investment and Cashflow. |
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