Throughput Accounting

Throughput Accounting

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SKU: SONG0884271587
UPC: 9780884271581
Brand: North River Press
Condition: Used
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Learn How To Apply The Theory Of Constraints To Management Accounting.The Theory of Constraints, a management philosophy derived from physics, assumes that constraints prevent organizations from achieving better performance. The Theory of Constraints (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 AccountingReveals 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 accountings flaws, and shows how these errors will lead to bad decision making.Compares the paradigm of TOCbased throughput accounting with more conventional cost accounting methodologies and in the process, demonstrates a new way to solve the complex problems of modern management.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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