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
Drill Bit: This is a drilling tool used in drilling machines. The application of this tool is to make holes. Figure shows drill bit. Figure: Drill Bit

Resultant of force system: Resultant is single force that produces the same effect as produced by the number of forces jointly in the system. In equilibrium magnitude of resul

Aluminium Cast Alloys: Aluminium alloys the cast through any one of the given processes. Sand Casting is the easiest and most versatile process minute castings, complex ca

explain ways of representing alternative quantities;1)phasor representation 2)graphical representation 3)complex waves 4)addition and subtraction of sine wave

velocity of belt: velocity of belt passing over the driver pulley will decrease Now with this velocity belt pass over driven pulley, Now Velocity of Driven = Velocity

where expendable pattern is used?

Why is it required of cooling the aeroplane ? Illustrate Boot-Strap Air Evaporative cooling system with neat sketch and T-S diagram.

working, p[rinciple, construction, uses, everything

A new process plant for ore processing is currently being planned. The design is only in the first stage. However, three requirements have already been clearly stated: - The bins s

Do not round intermediate calculations, however for display purposes report intermediate steps rounded to four significant figures. Give your final answer(s) to three significant f