Question: Explain how TOC emphasizes the importance of throughput, inventory, and operational expense in optimizing system performance. Illustrate how TOC methodologies such as the Five Focusing
Explain how TOC emphasizes the importance of throughput, inventory, and operational expense in optimizing system performance. Illustrate how TOC methodologies such as the Five Focusing Steps and DrumBufferRope help identify and alleviate bottlenecks to enhance overall productivity and profitability in manufacturing and service industries. Finally, discuss realworld examples of successful TOC implementations and their impact on operational excellence."
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