The theory of constraints has the following key steps: a. Identify the process constraint (the bottleneck). b.

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The theory of constraints has the following key steps:

a. Identify the process constraint (the bottleneck).

b. Decide how to make the most efficient use of the constraint.

c. Subordinate all other decisions to those identified as making efficient use of the constraint.

d. Improve the processing capability of the constraint.

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Managerial Accounting Information For Decisions

ISBN: 9780324222432

4th Edition

Authors: Thomas L. Albright , Robert W. Ingram, John S. Hill

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