Question
Case Study 04 - E The Application of the Theory of Constraint in Production. The Theory of Constraint is a powerful management philosophy, which focuses
Case Study 04 - E The Application of the Theory of Constraint in Production.
The Theory of Constraint is a powerful management philosophy, which focuses on the operations side of the business, tries to present an integrated view of the operations and continuously improve them through identifying the constraint that prevents the whole system from performing better. Eli Goldratt first introduced the Theory of Constraint through his book "The Goal". This book, which is basically a novel, shows how the theory of constraint can be applied to a production facility. Eli Goldratt, has also written many other books explaining the application of the Theory of Constraints in other areas of operations management such as project management and retail management. In this case study, you have to read the book (The Goal) and provide a summary of the managerial aspect of the book which includes the challenges and solutions. You also have to learn the basics of the theory of constraints. You can find a large number of articles and presentation about the Theory of Constraint on the web
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started