Describe theory of constraints and describe lean systems

Assignment Help Operation Management
Reference no: EM13840947

1. Describe Theory of Constraints (TOC) (Chapter 7 & The Goal). What is a constraint? Why is it important to find constraints? What does TOC say you should do with inventory? Give an example of a company that does or could use TOC.

2. Describe Lean Systems (Chapters 8). What is considered waste? What does Lean have to say about inventory and quality?

3. Continuing with the concepts from question #1, explain how TOC and Lean can be used in service organizations (or are they mainly systems used in manufacturing settings). Also, can these two systems be used simultaneously or are they mutually exclusive?

4. Explain a push system versus a pull system. What types of organizations tend to use each type of system? Would you describe Theory of Constraints as a push or a pull system? Explain.

Reference no: EM13840947

What is steady-state distribution for this queuing system

A small pizza shop has a single telephone number that can ring two different phones. Each of these phones has the capability to put a single call on hold and then whenever a c

Determine the safety stock and reorder point

Determine the safety stock and reorder point if the restaurant wants to maintain a 90% service level. What would be the increase in the safety stock if a 95% service level w

Break-even point-fixed costs-average order-variable costs

You are a marketing director for a Mexican Taco Restaurant located in Lynchburg, VA. The average order size of your customers is $7.00 per order. Using this formula, what is t

Critical thinking activity a toxic work environment

Quality management for organizational Excellence (by David L. Goetsch and Stanley B. Davis) 8th Edition Chapter 13 Critical Thinking Activity A toxic work environment: Where s

General trade-offs that are involved in waiting line

What are the general trade-offs that are involved in waiting line decisions? Who needs to be involved in assessing the cost of customers waiting for service? How has technol

At what inventory level should he place an order

Gentle Ben's Bar and Restaurant uses 6,700 quart bottles of an imported wine each year. The effervescent wine costs $4 per bottle and is served only in whole bottles because i

BWB benefits from way they formulate their mission-vision

In what way BWB benefits from the way they formulate their mission and vision? Do these mission and vision also create problems for the company? What should BWB do to be susta

Interviewing process as conducted at many small businesses

What do you think are the most serious weaknesses in the interviewing process as conducted at many small businesses? How could these be remedied? Are on-line testing and games


Write a Review

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd