Theory of Constraints

Business & Finance
Cover of the book Theory of Constraints by IntroBooks, IntroBooks
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: IntroBooks ISBN: 9781370444472
Publisher: IntroBooks Publication: November 7, 2016
Imprint: Smashwords Edition Language: English
Author: IntroBooks
ISBN: 9781370444472
Publisher: IntroBooks
Publication: November 7, 2016
Imprint: Smashwords Edition
Language: English

Theory of constraints is a methodology that is used by the people to identify the constraints that are standing as a hindrance in the process of accomplishing the organizations goals besides improvising the constraint to ensure that it does not stand as an obstacle. To be precise, the limitation has to be shaped in such a way that it no longer would be a constraint. Basically, in the manufacturing industry, constraint is referred by the name called bottleneck. As per the theory of constraint (TOC), each and every process that is being carried out has a constraint. It is crucial for the organizations in their respective industry to assimilate the constraints to facilitate the whole process. Without improving the constraints, it is not possible for the organizations to improve the entire process. This is better explained with an example. If someone has handed you a match box and asked you to count. Then, to start the count you would remove the match sticks from the box and after counting you would arrange them back in the box properly. So, the constraint in this is how soon the match box is handed over to you. Did the time have an impact on your counting speed? Would you have counted the matchsticks in the box more quickly, if the match box was handed over to you a little bit before? Basically, this is how the constraint will help to boost the process.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Theory of constraints is a methodology that is used by the people to identify the constraints that are standing as a hindrance in the process of accomplishing the organizations goals besides improvising the constraint to ensure that it does not stand as an obstacle. To be precise, the limitation has to be shaped in such a way that it no longer would be a constraint. Basically, in the manufacturing industry, constraint is referred by the name called bottleneck. As per the theory of constraint (TOC), each and every process that is being carried out has a constraint. It is crucial for the organizations in their respective industry to assimilate the constraints to facilitate the whole process. Without improving the constraints, it is not possible for the organizations to improve the entire process. This is better explained with an example. If someone has handed you a match box and asked you to count. Then, to start the count you would remove the match sticks from the box and after counting you would arrange them back in the box properly. So, the constraint in this is how soon the match box is handed over to you. Did the time have an impact on your counting speed? Would you have counted the matchsticks in the box more quickly, if the match box was handed over to you a little bit before? Basically, this is how the constraint will help to boost the process.

More books from IntroBooks

Cover of the book Russian Economy by IntroBooks
Cover of the book History of Military by IntroBooks
Cover of the book Project Design Explained: Project Management Books Volume 2 by IntroBooks
Cover of the book Digital Media Management by IntroBooks
Cover of the book Probability Theory by IntroBooks
Cover of the book Afghanistan War by IntroBooks
Cover of the book Growth Engines: Case Studies and Analysis of Today's Fastest Growing Companies (Best Business Books Book 35) by IntroBooks
Cover of the book Surpass the Average: Learn the 7 Traits of High Achievers (Best Business Books Book 11) by IntroBooks
Cover of the book An Apple Story: How iPhone Sold 500 Million Times by IntroBooks
Cover of the book Economic Development by IntroBooks
Cover of the book Principles of Microeconomics Explained by IntroBooks
Cover of the book Spanish Civil War by IntroBooks
Cover of the book Wall Street Crash Course by IntroBooks
Cover of the book Crash Course Modern Accounting by IntroBooks
Cover of the book Exit Strategy: The Art of Getting Out Smartly by IntroBooks
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy