Speed of a system is determined by its biggest constraint.
Look at the system when demand exceeds capacity and identify the bottleneck. This bottleneck will determine the throughput rate of the system (Throughput is the rate at which something is processed.)
- Fully utilize the bottleneck point. - Increase its capacity, if possible. - Minimize its downtime.
The bottleneck may not be at a fixed point in the system and so the process may need to be repeated. -The Goal by Eliyahu Goldratt
Qualitative investment analysis is about understanding a business before taking out your calculator. This blog teaches you how to do it for common stocks.
