Theory of constraints, Mechanical Engineering

Theory of Constraints:

Goldratt's theory of constraint has attracted the attention of several practioners in the industry. His concept of goal, constraint, and throughput, critical chain, thinking process, and scheduling through OPT have helped several industries to improve their performance. You have learned nine rules which help to guide the logic of an operating system and to identify the significant points. These are basic to any operating system and originally were named as the Nine Rules of OPT. These rules are helpful in producing the framework for TOC. The Theory of Constraints directs companies to discover what is stopping them from moving toward their goals and find ways to get around this limitation. If, in a manufacturing environment, the limitation is inadequate capacity, then ways to break the constraint might be over time, supporting equipment, specialized tools, exceptionally skilled workers, subcontracting, redesigning product or process, alternative routings etc. You have learned from this unit that the key to competitive advantage through operation for the firm, is to operate as a synchronized system, with all of the parts working in concert.

Posted Date: 2/1/2013 5:39:12 AM | Location : United States







Related Discussions:- Theory of constraints, Assignment Help, Ask Question on Theory of constraints, Get Answer, Expert's Help, Theory of constraints Discussions

Write discussion on Theory of constraints
Your posts are moderated
Related Questions
Calculate the overall fraction defective from all of sample: ABC insurance company desires to design a control chart to check whether insurance claim forms are being correctly

Derive and solve a model of an insulated water tank with a changing level (i.e., changing tank volume). There is only one in ow stream with a flow rate of 1 kg/sec for t The

What are the objectives of Planning, production and control ? What are the decisions involved in PPC ? What are the information needed for these decisions ?


High Duty Tool and Die Steels: High duty punching tools or dies are made out of a lot of various steels of fairly high alloying contents. High-carbon high-chromium die steel

Tropical geometric information of solids A face is surrounded by a set of vertices. Using the right-handed rule, the ordering of these vertices for describing a particular face

Reinforced Earth Walls: When constructing ROBs, fly-overs and underpasses, it is often not possible to provide sloped earthen embankments for the approaches, which are as hig

Calculate the length of plastic deformation: Calculate the length of plastic deformation along 45 o in case the applied stress σ is 63.25% of yield stress in the plate of abo

What are the practical applications of solid cylinder or shaft under cyclic axial loading

Combustion Chamber ( or Clearance Volume ) : Combustion chamber is a space between the cylinder head and the piston top when the piston is at top dead center (TDC). The combustio