How does Goldratt’s Theory of Constraints (TOC) differ from other current approaches to continuous improvement in organizations? How is it similar?
Answer to relevant QuestionsState the global performance measurements and operational performance measurements and briefly define each of them. How do these differ from traditional accounting measurements?Compare and contrast JIT, MRP, and synchronized manufacturing, stating their main features, such as where each is or might be used, amounts of raw materials and work- in-process inventories, production lead times and cycle ...When making decisions about what product( s) to produce in a manufacturing system, why is it not enough to simply consider the selling prices and demands for different items?The following diagram shows the flow process, raw material costs, and machine processing time for three products: A, B, and C. There are three machines ( W, X, and Y) used in the production of these products; the times shown ...In discussing characteristics of efficient plants, Goodson, developer of rapid plant assessments (see the OSCM at Work box), suggests that numerous forklifts are a sign of poor space utilization. What do you think is behind ...
Post your question