definition for gain margin and phase margin of control system
Phase margin Phase margin and its important companion concept, gain margin, are measures of stability in closed-loop, dynamic-control systems. Phase margin indicates relative stability, the tendency to oscillate during its damped response to an input change such as a step function. Gain margin indicates absolute stability and the degree to which the system will oscillate, without limit, given any disturbance.
Theory of constraints The underlying premise of the theory of constraints is that organizations can be measured and controlled by variations on three measures: throughput, operational expense, and inventory. Inventory is all the money that the system has invested in purchasing things which it intends to sell. Operational expense is all the money the system spends in order to turn inventory into throughput. Throughput is the rate at which the system generates money through sales.[3]