Define throughput inventory and operating expense

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Assignment

You will apply the fundamental concepts of the Theory of Constraints as presented by Eli Goldratt in The Goal. You should define throughput, inventory and operating expense in the context of an organization (work, social or religious) of which you are a member. In addition, you should identify the most serious bottleneck this organization faces and apply the 5-step process outlined in The Goal to break the bottleneck and increase the organization's throughput.

The organization selected does not have to be engaged in manufacturing. It also doesn't have to be an entire organization. For large organizations, a unit of the organization can be selected. It is important that you select an organization or a unit of a larger organization with which you are very familiar.

Reference no: EM131632795

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