TOC Mindset: Throughput, Inventory, Operating Expense

In con­trast to tra­di­tion­al cost-account­ing, which focus­es on unit cost, effi­cien­cy of indi­vid­ual resources, and over­head absorp­tion, the the­o­ry of con­straints adopts a unique approach. Learn how the TOC mind­set defines suc­cess, the def­i­n­i­tions of the three finan­cial met­rics, and how to use these to opti­mize the whole system.