✦ LIBER ✦

A financial thermometer for lean operations

✍ Scribed by Tom Pryor

Publisher: John Wiley and Sons
Year: 2010
Tongue: English
Weight: 172 KB
Volume: 21
Category: Article
ISSN: 1044-8136
DOI: 10.1002/jcaf.20566

No coin nor oath required. For personal study only.

✦ Synopsis

Abstract

Synergy is a frequently used word that's not so easy to define. It's more than two or more people or ideas getting along; it's when some particular combination equals more than the sum of the parts—for example, when 1 + 1 = 3 ( or even more). This article describes how the principles of lean manufacturing on the one hand and time‐driven activity‐based costing on the other can combine to create synergy in organizations. © 2010 Wiley Periodicals, Inc.

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