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Goldratt - Theory of Constraints
1 identify the systems constraints
2 exploit the systems constraints
3 subordinate everything else to the above decision
4 elevate the systems constraints (identify the next constraint)
5 if in a previous step, a constraint has been removed, go back to
step 1 but do not allow inertia to become the systems constraints.
Goldratt emphasises three questions:
He suggests that to treat the cause of the symptoms is more effective than treating the symptoms. He also contends that the optimal of the sum is not equal to the sum of the optimals. Managers, he argues, too often try to operate on a broad front. Thinking that if they do everything well they must be achieving the goals of the organisation, whereas only certain activities can achieve the goals while other do not.
Now read the case study on the Brickman Group which was written by a representative of the Brickman Group presenting the company's story at a TOC workshop in November 1998.
The owner of Firewood-2-Go is considering buying a hydraulic wood splitter which sells for $60000. He figures it will cost an additional $80 per cord to purchase and split wood wit
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Angies Bakeries is wooried about increased costs. The company invested an additional $3000 to make the baker's oven more energy efficient. The ovens are supposed to be 15% more ene
whether writing, listening, speaking, or attending meetings, communication skills are critical to your success in university and work place.
Saint Louis - LAW - 822 NotesWednesday, October 31, 20122:31 PMReview: Causation:o The defendant must have been the proximate cause of the injury/death:Death must have been reasona
Is there one best time for performance appraisal? Explain
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Netflix would be an example of which of the following approaches to managing customer induced variation? Cost penalties Uncompromised reduction Classic reduction Classic accomm
After a risk workshop has been completed, risk interviews are often completed with subject matter experts. Assess the value of the interviews to identify risk response strategies.
Consider the Gleneagles Hotel in Scotland - it is unique, not part of a chain. It is a six star hotel with world class sports facilities with two championship golf courses, which h
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