The Theory of Constraints (TOC), a management philosophy derived from physics, assumes that constraints prevent organizations from achieving better performance. TOC is based on a scientific method that has been developed and refined for nearly three decades by Dr. Eliyahu M. Goldratt. As a tool for business management, TOC is now accepted as a mainstream alternative to cost accounting.
Throughput Accounting…
- Reveals a new management tool for managerial accounting and shows an alternative path for other management practices.
- Enables managers to quickly see if their decisions increase profitability.
- Demonstrates some of cost accounting’s flaws, and shows how these errors will lead to bad decision making.
- Compares the paradigm of TOC-based throughput accounting with more conventional cost accounting methodologies and in the process, demonstrates a new way to solve the complex problems of modern management.
Available in English, Japanese and Lithuanian.
$25.00
