Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The Goal Book Report (individual) (subject to minor changes) Each student in the class should individually prepare and turn in a report of at

image text in transcribed

The Goal Book Report (individual) (subject to minor changes) Each student in the class should individually prepare and turn in a report of at most 2 pages containing answers to the following questions: 1. What are the methods described in The Goal for identifying a bottleneck? 2. After bottlenecks have been identified, what are the concrete factory floor-level actions described in the book for improving overall system performance? 3. Relate the notions of statistical fluctuations and dependent events mentioned in the book to concepts covered during the course. Also explain and relate to course concepts the statement made by Jonah that a factory "balanced with demand" will soon experience bankruptcy. 4. Several times in the book, lot sizes are reduced in order to decrease cycle time. What are the limits to this strategy? 5. When designing an operational process from scratch, which process step(s) should be the bottleneck(s)? 6. Leaving writing style and other delivery issues aside (e.g., romance novel format), what substantial critiques would you make about the part of this book pertaining to the management of business operations?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Business Management Entrepreneurship and Beyond

Authors: Timothy s. Hatten

5th edition

538453141, 978-0538453141

More Books

Students also viewed these General Management questions

Question

c) Compute the DFT of the vector (-3,1,1,-1)

Answered: 1 week ago