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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
Nothing said to us, nothing we can learn from others, reaches us so deep as that which we find in ourselves.
Theodor Reik
Eliyahu M. Goldratt
Born:
March 31, 1947
Died:
June 11, 2011
(aged 64)
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