Topic

Theory of Constraints

Instructions

What is the Theory of Constraints (TOC) and why is it important to study?
How is the TOC different from conventional approaches?
How can the TOC be applied to reduce bottlenecks in a variety of applications?

Answer preview

The theory of constraints (TOC) is considered to be one of the management paradigms that look at any manageable framework as being restricted in accomplishing more of its objectives by a low number of constraints. Notably, there is always one single constraint, and theory of constraints has been utilizing a focusing process to recognize the constraint in addition to restructuring the rest of the organization. It is critical to study theory of constraints because it a methodology for recognizing the most critical restricting factor.

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