Based on the theory of constraints, what is an example of a constrained resource in the production

Fantastic news! We've Found the answer you've been seeking!

Question:

Based on the theory of constraints, what is an example of a constrained resource in the production of some item (product)? And what alternative exists to manage the restricted resource that generates an increase in the profits of the company?

Related Book For answer-question

Fundamentals of Cost Accounting

ISBN: 978-0077398194

3rd Edition

Authors: William Lanen, Shannon Anderson, Michael Maher

See More Books

Posted Date: Apr 30, 2024 06:55 AM

See More Questions

Olde World Windows and Doors is a manufacturer of steel windows and doors for both residential and commercial applications. The following problems are decisions that senior management faces in...
Project Resource and Procurement Management Read the case study below and answer ALL the questions that follow. Case Study: Critical Chain Project Management Method Applied to a Multi-project System...
List the two criteria information meet to be considered relevant to decision making and explain the difference between sunk cost and opportunity cost and indicate whether they can be considered...
Give a recursive algorithm for finding the reversal of a bit string. (See the definition of the reversal of a bit string in the preamble of Exercise 34 in Section 5.3.)
What are Piagets stages of cognitive development?
Suppose you are an economic adviser to the Chairman of the Federal Reserve Board (the Fed), and he asks you whether it is advisable to increase the money supply to bolster the economy. What factors...
What five tasks does the steering committee perform?
Michaels Company had available at the end of 2012 the information shown below. InstructionsPrepare a statement of cash flows for Michaels Company using the direct method accompanied by a...
"Research suggests that a business is likely to achieve superior revenue growth, market share, and profitability when there is a god fit between its competitive strategy and the strategic marketing...
Accountant Junk Removal (AJR) has been in business for years. Due to recent poor results, AJR feel that that certain customers are more profitable than other customers are. AIR would like to know...
Consider the universe B = {0,1}d of length d bits strings. Define the Index Distance as d(x,y)= i for all x, y = B. xiYi For example, the 5-bit strings x = 01111 and y= = 10101 differ in bits 1, 2,...
b) Consider the following relations, Item Number ii. 1 iii. 2 3 Shop_ID 84620 45632 86145 Item Name Burger Pizza sandwich Shop_details Name A B C Inventory Available 10 5 6 Address Uttora Gulshan...
PCR Pte Ltd is a company based in Singapore and sells health diagnostic kits. It refers t the SFRSS when preparing its financial statements. Its financial year-end is 31 December and it does annual...
Datadog (Ticker: DDOG) underwent an initial public offering (IPO) in 2019 by issuing 24 million shares of common stock at $27.00 per share. The par value is $0.00001 per share. Required: 1. Determine...
1. Recall the matrix A, in the finite-difference solution of the boundary value problem discussed CO Th, p(BCS) in class (steady state heat conduction). It was stated in class that p(B) 1+sin Th cos...
KSS has $1000 par value bonds with an 8% coupon rate and coupons paid annually that mature in 20 years. The bonds are selling for $1,100. KSS has an average tax rate of 30%. KSS is in the 40%...
The outer loop controls the number of students. Note that the inner loop of this program is always executed exactly three times, once for each day of the long weekend. Modify the code so that the...
You work in the customer relations department of a company that makes plumbing supplies. The head of product development has just handed you the draft of installation instructions for a sliding tub...
Form small groups for this exercise on claim and adjustment letters. Have each member of your group study the following two letters. Meet and discuss your reactions to the two letters. How...
Study the excerpt from the Micron data flyer (2010, p. 9). Describe the designers use of alignment as a design principle. How effective is it? How would you modify it? Present your analysis and...

Based on the theory of constraints, what is an example of a constrained resource in the production

Question:

Expert Answer:

An example of a constrained resource in the production of a product could be a specialized machine or equipment that is essential for a particular man... View the full answer

Fundamentals of Cost Accounting

Students also viewed these accounting questions