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"Schragenheim, Camp and Surace, three leaders of TOC community, are
tackling one of value destroyers of corporations-the misuse and
abuse of traditional cost accounting. This book develops a
practical methodology for better decision making by looking at the
impact of certain types of decisions on a company's bottom line.
This well-defined methodology allows mid-managers, higher level
managers and financial staff to create real value by concentrating
on what truly matters." Boaz Ronen, Professor Emeritus, Coller
School of Management, Tel Aviv University, Tel Aviv, Israel
"Throughput Economics is a must read for entrepreneurs and managers
who want to make their organizations more and more antifragile."
Andrea Zattoni, CEO of Antifragility, Italy "Management accounting
is a dry topic. Throughput Economics is not-managers can learn a
lot they can apply to their company from it." Rudolf Burkhart,
Business Development Director, Vistem Gmbh, Germany Throughput
Economics challenges the current thinking of how to evaluate cost,
risks and rewards of any deal or any other new market opportunity
being considered, especially the practice of calculating
cost-per-unit. Instead, this book offers a process that directly
answers the critical question: If we accept the proposed decision,
will the performance of the organization improve? The process
involves the intuition of the key people in the organization,
together with the relevant data, to come up with the best available
information from which to form a reasonable range of net profit,
when the considered decision is added on top of all the other
activities undertaken by the organization. The process is explained
and demonstrated using a variety of cases where the organization
faces a new non-trivial idea, along with a detailed explanation of
how it should work, including software support that provides very
quick response to many what-if suggestions. This book offers a new
and well-defined process, applicable to every organization, that
considers both financial impacts and capacity limitations and,
also, includes the impact of uncertainty by providing the range of
reasonable results rather than one number, which is always proven
wrong in the end. Overall, the book provides a holistic method for
simplified decision making in seemingly complex or shifting
environments using a constraints mindset to facilitate companies'
realization, for the first time, their true potential.
Contained in the volume are the papers presented at an
International Symposium on Advanced Technology for Design and
Fabrication of Composite Materials and Structures. The Symposium
was organized by Consorzio per la Ricerca e l'Educazione
Permanente; Institute of Fracture and Solid Mechanics, Lehigh
University, Pennsylvania USA; Dipartimento di Ingegneria
Strutturale del Politecnico di Torino; and Dipartimento di
Ingegneria Aeronautica e Spaziale del Politecnico di Torino. It was
held at the Politecnico di Torino in Italy, May 24-28, 1993. The
support from the various organizations is acknowledged as follows:
* Consiglio N azionale delle Ricerche * ALENIA SP AZIO * AGUST A *
CIRA * AERMACCHI * Centro Ricerche FIAT * ALENIA (formerly
AERITALIA) * Collegio Costruttori Edili della Provincia di Torino
As new knowledge is being accumulated on the design and fabrication
of advanced composite systems in different sectors of the world,
there is the need not only to exchange new ideas but also to
disseminate the information from the researchers to the users. The
theme of this Symposium is particularly relevant to the automobile,
marine, aerospace and construction industry where the competitive
edge lies on improved processing and/or manufacturing of the
products. Technological advances have been and will continue to
depend strongly on the development of new materials and their
effective use in design. Empirical trial-and- error methods could
no longer be considered economically feasible when applied to
usage-specific materials such as composites.
"Schragenheim, Camp and Surace, three leaders of TOC community, are
tackling one of value destroyers of corporations-the misuse and
abuse of traditional cost accounting. This book develops a
practical methodology for better decision making by looking at the
impact of certain types of decisions on a company's bottom line.
This well-defined methodology allows mid-managers, higher level
managers and financial staff to create real value by concentrating
on what truly matters." Boaz Ronen, Professor Emeritus, Coller
School of Management, Tel Aviv University, Tel Aviv, Israel
"Throughput Economics is a must read for entrepreneurs and managers
who want to make their organizations more and more antifragile."
Andrea Zattoni, CEO of Antifragility, Italy "Management accounting
is a dry topic. Throughput Economics is not-managers can learn a
lot they can apply to their company from it." Rudolf Burkhart,
Business Development Director, Vistem Gmbh, Germany Throughput
Economics challenges the current thinking of how to evaluate cost,
risks and rewards of any deal or any other new market opportunity
being considered, especially the practice of calculating
cost-per-unit. Instead, this book offers a process that directly
answers the critical question: If we accept the proposed decision,
will the performance of the organization improve? The process
involves the intuition of the key people in the organization,
together with the relevant data, to come up with the best available
information from which to form a reasonable range of net profit,
when the considered decision is added on top of all the other
activities undertaken by the organization. The process is explained
and demonstrated using a variety of cases where the organization
faces a new non-trivial idea, along with a detailed explanation of
how it should work, including software support that provides very
quick response to many what-if suggestions. This book offers a new
and well-defined process, applicable to every organization, that
considers both financial impacts and capacity limitations and,
also, includes the impact of uncertainty by providing the range of
reasonable results rather than one number, which is always proven
wrong in the end. Overall, the book provides a holistic method for
simplified decision making in seemingly complex or shifting
environments using a constraints mindset to facilitate companies'
realization, for the first time, their true potential.
Contained in the volume are the papers presented at an
International Symposium on Advanced Technology for Design and
Fabrication of Composite Materials and Structures. The Symposium
was organized by Consorzio per la Ricerca e l'Educazione
Permanente; Institute of Fracture and Solid Mechanics, Lehigh
University, Pennsylvania USA; Dipartimento di Ingegneria
Strutturale del Politecnico di Torino; and Dipartimento di
Ingegneria Aeronautica e Spaziale del Politecnico di Torino. It was
held at the Politecnico di Torino in Italy, May 24-28, 1993. The
support from the various organizations is acknowledged as follows:
* Consiglio N azionale delle Ricerche * ALENIA SP AZIO * AGUST A *
CIRA * AERMACCHI * Centro Ricerche FIAT * ALENIA (formerly
AERITALIA) * Collegio Costruttori Edili della Provincia di Torino
As new knowledge is being accumulated on the design and fabrication
of advanced composite systems in different sectors of the world,
there is the need not only to exchange new ideas but also to
disseminate the information from the researchers to the users. The
theme of this Symposium is particularly relevant to the automobile,
marine, aerospace and construction industry where the competitive
edge lies on improved processing and/or manufacturing of the
products. Technological advances have been and will continue to
depend strongly on the development of new materials and their
effective use in design. Empirical trial-and- error methods could
no longer be considered economically feasible when applied to
usage-specific materials such as composites.
Presents Real & Complex Analysis Together Using a Unified
Approach A two-semester course in analysis at the advanced
undergraduate or first-year graduate level Unlike other
undergraduate-level texts, Real and Complex Analysis develops both
the real and complex theory together. It takes a unified, elegant
approach to the theory that is consistent with the recommendations
of the MAA's 2004 Curriculum Guide. By presenting real and complex
analysis together, the authors illustrate the connections and
differences between these two branches of analysis right from the
beginning. This combined development also allows for a more
streamlined approach to real and complex function theory. Enhanced
by more than 1,000 exercises, the text covers all the essential
topics usually found in separate treatments of real analysis and
complex analysis. Ancillary materials are available on the book's
website. This book offers a unique, comprehensive presentation of
both real and complex analysis. Consequently, students will no
longer have to use two separate textbooks-one for real function
theory and one for complex function theory.
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