What is meant by the theory of constraints? How is this concept appropriate for manufacturing and service
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
A constraint is anything that confines or limits a person or ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Cost Accounting Foundations and Evolutions
ISBN: 978-1111626822
8th Edition
Authors: Michael R. Kinney, Cecily A. Raiborn
Question Posted:
Students also viewed these Cost Accounting questions
-
What is meant by the theory of reciprocal demand? How does it provide a meaningful explanation of the international terms of trade?
-
The theory of constraints relies on three measures: throughput contribution, investments, and operating costs. Define these three measures in the context of the theory of constraints.
-
What is meant by the term a culture-bound theory of motivation?
-
Here is the end-of-year account balance information from the accounting records of Jaunty Coffee Company: Sales revenue Cash Cost of goods sold Accounts payable Capital stock Dividends Retained...
-
Amount of interest capitalized during construction. Nexor, a steel manufacturer, self-constructs a new manufacturing facility in Vermont. At the start of 2008, the Construction-in-Process account had...
-
What is an accrued expense? Give an example. AppendixLO1
-
Reacting to risks. The probability of dying if you play high school football is about 10 per million each year you play. The risk of getting cancer from asbestos if you attend a school in which...
-
Faber Company had gross wages of $110,000 during the week ended June 17. The amount of wages subject to social security tax was $110,000, while the amount of wages subject to federal and state...
-
plz use excel sheet 2-3B - Schedule of COGM, Schedule of COGS and Income Statement HiSing manufactures beverages for the Taiwanese market. The following data relate to its July 31, 2017 fiscal year...
-
Continuing Payroll Project: Prevosti Farms and Sugarhouse - EERF (Static) Prevosti Farms and Sugarhouse pays its employees according to their job classification. The following employees make up...
-
The ledger of Platt Company has the following work in process account: Production records show that there were 900 units in the beginning inventory, 30% complete, 1,200 units started, and 1,300 units...
-
For the month of April, budgeted sales were $100,000 and budgeted cost of goods sold was $80,000. Actual sales were $80,000 and actual cost of goods sold amounted to $90,000. In preparing its monthly...
-
Refer to Figure 3.43, which shows a boat trying to go straight across the river. Let us calculate the magnitude and direction of the boat's velocity relative to an observer on the shore, v tot . The...
-
(25 Points) University Painting is considering investing in a new paint sprayer to allow them to paint more classrooms in less time. The sprayer would have the following cash flow and cost of capital...
-
Use the following information for questions 1 and 2. Caterpillar Financial Services Corp. (a subsidiary of Caterpillar) and Sterling Construction sign a lease agreement dated January 1, 2020, that...
-
Summit Regional Medical Center operates as a private not-for-profit hospital, providing services to a community of 20,000 and the surrounding rural areas. Summit has maintained a banking relationship...
-
Woodland Wearables produces two models of a smart watch, the Basic and the Flash. The watches have the following characteristics: Basic Flash Selling price per watch $ 3 3 0 $ 4 9 0 Variable cost per...
-
Introduction This practice case has been designed to give introductory-level business students practical experience in the application of accounting concepts. This practice case will provide students...
-
6-Mercaptopurine (Box 23-2), after its conversion to the corresponding nucleotide through salvage reactions, is a potent competitive inhibitor of IMP in the pathways for AMP and GMP biosynthesis. It...
-
Software Solution is family-owned business that has been in operation for more than 15 year. The board of directors is comprised of mainly family members, plus a few professionals such as an...
-
Consider a cube of mass m and side a. (a) Show that the ellipsoid of inertia at the center of the cube is a sphere, and use this property to determine the moment of inertia of the cube with respect...
-
Given a homogeneous body of mass m and of arbitrary shape and three rectangular axes x, y, and z with origin at O, prove that the sum I x + I y + I z of the moments of inertia of the body cannot be...
-
The homogeneous circular cylinder shown has a mass m, and the diameter OB of its top surface forms 45o angles with the x and z axes. (a) Determine the principal moments of inertia of the cylinder at...
-
ABC Corporation has an activity - based costing system with three activity cost pools - Machining, Setting Up , and Other. The company's overhead costs, which consist of equipment depreciation and...
-
Consolidated Balance Sheets - USD ( $ ) $ in Thousands Dec. 3 1 , 2 0 2 3 Dec. 3 1 , 2 0 2 2 Current assets: Cash and cash equivalents $ 9 8 , 5 0 0 $ 6 3 , 7 6 9 Restricted cash 2 , 5 3 2 Short -...
-
How does corporate governance contribute to investor confidence and stakeholder trust? Accounting
Study smarter with the SolutionInn App