Lean Approach to Cost-Benefit Analysis
ebook ∣ Toyota Production System Concepts
By Mohammed Hamed Ahmed Soliman
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One of the main difficulties for people practicing lean is trying to find a clear and direct link between doing something that aligns with lean principles and
the financial advantage it brings. Toyota follows certain principles in regards to cost-benefit analysis (CBA) by making management decisions based on thinking about the financial impact in the long run rather than focusing on short-term gains.
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