Theory of Constraints Consistent with Fork Truck Free Materials Handling Initiatives
Fork truck free initiatives are supported by Theory of Constraints (ToC), according to Topper Industrial. The underlying premise of the Theory of Constraints is that organizations can be measured and controlled by variations on three measures: throughput, operational expense, and inventory. Inventory is all the money that the system has invested in purchasing things which it intends to sell. Operational expense is all the money the system spends in order to turn inventory into throughput. Throughput is the rate at...
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