Pedro Arantes
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Economic Waste that Queues Create
Queues create many forms of economic waste: longer cycle time, increased risk, more variability, more overhead, lower quality, and less motivation.
#cost-of-delay
#cycle-time
#lean
#product-development
#queueing-theory
Theory of Constraints (TOC)
This theory states that the way to improve throughput is to speed up the longest step of the system, also known as "elevating the constraint."
#lean
#product-development
#project-management
#theory-of-constraints