Consumer and Producer

Most of us are both. In some areas, we use and utilise, often even in the process of our own production. In other areas, we are the creators. We design, build, offer and serve. These two functions are mutually dependent on a macro scale and form the root of our economic system. Within this system, […]

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It’s a tricky business. Optimisation is determined by the outputs vs inputs. It’s a fairly simple idea. The execution is challenging. Mostly because we don’t know what to measure. Is a process optimised when its outputs are maximised for the available inputs? In theory, the answer is yes. In practice, the answer could be ‘no’. […]

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