by Lea Strickland | Mar 16, 2011 | Glossary
The amount of money generated by the system through sales or other sources (investments, etc.) less the money spent on materials, purchased parts, subcontracting expenses, custom duties, and transportation of goods and materials.
by Lea Strickland | Mar 16, 2011 | Glossary
A performance measurement accounting method that focuses on the rate that money is generated (throughput); the amount of money held in the system (inventory) and the amount of money needed to keep the system generating money (operating expenses).
