The Goal

The goal of a manufacturing organization is to make money. And everything else is a means to achieve the goal.

Measures (chapter 8)

Executives

  • Net profit

  • Return on investment

  • Cash flow

Throughput

The rate at which the system generates money through sales.

Inventory

All the money that the system has invested in purchasing things which it intends to sell.

Operational expense

All the money the system spends in order to turn inventory into throughput.