Could you please advise the difference between “throughput accounting” and “limiting factors”. It seems they both talk about how to utilise the scared resources to maximise the profit, according to the rank that we calculate.
You need to watch my free lectures on throughput accounting – I go through both approaches with examples and explanations (and I cannot type out all my lectures here 🙂 )
Throughput accounting is only used in exam questions when specifically asked for.
The lectures are a complete free course for Paper F5 and cover everything needed to be able to pass the exam well.