D1 Article in a trade journal

ABC and TOC-based systems: A literature review and synthesis

LUT Authors / Editors

Publication Details
Authors: Gupta Mahesh, Hilmola Olli-Pekka, Williams Clayton
Publisher: Warren, Gorham & Lamont
Publication year: 2019
Language: English
Related Journal or Series Information: Journal of cost management
Journal acronym: Cost management
Volume number: 33
Issue number: 2
Start page: 25
End page: 40
Number of pages: 16
ISSN: 1092-8057
JUFO-Level of this publication: 0
Open Access: Not an Open Access publication


It Is not simply a matter of whether theory of constraints (TOC), activity-based costing (ABC), or even TOC-ABC is the best system, but rather which system performs best under certain conditions. Both the manufacturing processes and information needs of managers have evolved at | such a blistering speed that the traditional performance measurement systems have been rendered obsolete. Two seemingly divergent systems, ABC and the TOC, directly aid managers in their decision-making and performance improvement initiatives.

Last updated on 2020-20-03 at 10:03