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THE STARTING BLOCK

At its heart, our holistic approach to capex allocation is straightforward. It doesn’t require our proprietary software or specialized knowledge. In its simplest form, it can be done in Excel using nothing more complicated than the basic functions of adding, subtracting, multiplying, and dividing. Our process is the superior way to approach capex because it’s built on systems thinking. It therefore completely avoids the issues described in previous chapters. We do not fix the issues because when we use our process, we never come across them.

Instead of viewing production as something a site does, we view production as something ...

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