Title
Throughput Economics: Making Good Management Decisions,New
Delivery time: 8-12 business days (International)
Schragenheim, Camp and Surace, three leaders of TOC community, are tackling one of value destroyers of corporationsthe misuse and abuse of traditional cost accounting. This book develops a practical methodology for better decision making by looking at the impact of certain types of decisions on a companys bottom line. This welldefined methodology allows midmanagers, higher level managers and financial staff to create real value by concentrating on what truly matters.'Boaz Ronen, Professor Emeritus, Coller School of Management, Tel Aviv University, Tel Aviv, Israel'Throughput Economics is a must read for entrepreneurs and managers who want to make their organizations more and more antifragile.'Andrea Zattoni, CEO of Antifragility, Italy'Management accounting is a dry topic. Throughput Economics is notmanagers can learn a lot they can apply to their company from it.'Rudolf Burkhart, Business Development Director, Vistem Gmbh, GermanyThroughput Economics challenges the current thinking of how to evaluate cost, risks and rewards of any deal or any other new market opportunity being considered, especially the practice of calculating costperunit. Instead, this book offers a process that directly answers the critical question: If we accept the proposed decision, will the performance of the organization improve?The process involves the intuition of the key people in the organization, together with the relevant data, to come up with the best available information from which to form a reasonable range of net profit, when the considered decision is added on top of all the other activities undertaken by the organization. The process is explained and demonstrated using a variety of cases where the organization faces a new nontrivial idea, along with a detailed explanation of how it should work, including software support that provides very quick response to many whatif suggestions.This book offers a new and welldefined process, applicable to every organization, that considers both financial impacts and capacity limitations and, also, includes the impact of uncertainty by providing the range of reasonable results rather than one number, which is always proven wrong in the end. Overall, the book provides a holistic method for simplified decision making in seemingly complex or shifting environments using a constraints mindset to facilitate companies realization, for the first time, their true potential.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.