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Eliyahu M. Goldratt -
The Haystack Syndrome (1990)
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[Throughput is the] rate at which the system generates money through sales.
Eliyahu M. Goldratt
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Tell me how you measure me, and I will tell you how I will behave.
Eliyahu M. Goldratt
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[Inventory is measured by] the money the system invests in purchasing things the system intends to sell.
Eliyahu M. Goldratt
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[Operating expense is defined as] all the money the system spends in turning inventory into throughput.
Eliyahu M. Goldratt
Quote of the day
Good authors, too, who once knew better words Now only use four-letter words Writing prose — Anything goes.
Cole Porter
Eliyahu M. Goldratt
Born:
March 31, 1947
Died:
June 11, 2011
(aged 64)
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