Throughput
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Pro Tip
To maximize profitability, always buffer your primary bottleneck. An hour lost at the bottleneck is an hour lost for the entire enterprise, whereas an hour saved at a non-bottleneck is merely an illusion of progress.
Did you know?
The concept of throughput was revolutionized in the 1980s by Eliyahu M. Goldratt in his landmark business novel, 'The Goal'. He demonstrated that optimizing non-bottleneck processes is a financial waste, prompting companies like General Electric and Toyota to restructure their entire supply chains around constraint-based throughput.
References
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