Reject Cost Accounting’s Answer and Build Jobs That Make the Most Money

iStock_000013851748_ExtraSmallCost accounting selects jobs with the highest margin and rejects jobs with the lowest margin, but this may be the wrong answer; the highest margin jobs may not be the most profitable! The problem is that cost accounting ignores flow—the rate of money generated per unit time. Understanding how to optimize constraint can generate impressive top and bottom line performance.

The PCB Magazine Nov 2011 — READ NOW

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