Definitions of throughput-inventory and operating expense

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Given the definitions of throughput, inventory, operating expense and bottleneck as discussed in The Goal, define throughput, inventory, and operating expense in the context of an organization (work, social, or religious) of which you are a member. Identify the most serious bottleneck that this organization faces and discuss the reasons for its selection. In addition, you should identify the most serious bottleneck this organization faces and apply the five-step process outlined in The Goal on page 301 to break the bottleneck and increase the organization's throughput.

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

Reference no: EM13843264

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