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

Previous Q& A

  Culture and sales communication

Culture and Sales Communication

  Why is committing suicide

According to Kant, why is committing suicide, when you are suffering from a terminal illness, morally wrong?

  Assessing risk at the project planning stage

What are the strengths and weaknesses of both qualitative and quantitative approaches to assessing risk at the project planning stage? Give examples of when each may be more or less appropriate and consider the implications of both approaches.

  Operating system as dominant technical standard in industry

You are working for a small company that has developed an operating system for PCs that is faster and more stable than Microsoft’s Windows operating system. What strategies might the com- pany pursue to unseat Windows and establish its own operating ..

  Decisions on design

Decisions on Design

  Function of inventory

Which of the following is a function of inventory?

  Theory of constraints-about inventory and quality

Give an example of a company that does or could use TOC (Theory of Constraints)? What does Lean have to say about inventory and quality?

  Discuss the rationale behind choosing

Discuss the rationale behind choosing

  The reason the woman house was not clean

The reason the woman's house was not as clean as it had been in the past was that

Reviews

Write a Review

 

Similar Q& A

  What wi-fi routers are expected to have a dns relay

The Wi-Fi routers are expected to have a DNS Relay. What is it? What does it do?

  Develop a strategy for a new sport product

Develop a strategy for a new sport product. In your answer describe the sport product and include, and thoroughly explain, all pertinent steps in developing the strategy.

  Explain what non-financial factors might be considered

If you did win this prize, you would not actually receive a check for $10 million. Instead, you would receive $500,000 per year for 20 years. Imagine that you actually were the lucky winner. From a purely financial standpoint, would you be willing..

  Case study on the binghams and the lousiville courier

Case Study- The Binghams and The Lousiville Courier-Journal Companies in The Family Business Book by Ernesto J Poza and Mary S. Daugherty. Designate the decisions and/or actions you would take in the situation if they were the CEO or individual re..

  Illustrate what ways can design of a firm logistics

Illustrate what ways can design of a firm's logistics/supply chain network affect its ability to create value for customers through efficiency, effectiveness and differentiation.

  What are the major dangers and difficulties

What are the major dangers and difficulties that will be faced by the development team as they manage the project towards its completion?

  Managing knowledge flow is significant for a firm which

managing knowledge flow is important for a firm that wants to get the most from its partnership with another company.

  Organization''s strategic management process

Describe how key internal factors are identified in an organization's strategic management process. Why does such identification appear to be an important part of the strategic management process?

  Discuss how a swot analysis might be used for measures

Discuss how a SWOT analysis might be used for identifying measures in a balanced scorecard. What types of questions might you ask

  Find the optimal order quantity

Find the optimal order quantity, what is the reorder point and how often should an order be placed

  Create a total of two business-quality posters

Create a total of two business-quality posters that can be created on paper or by using a software application (Microsoft® Office Suite). Creativity is encouraged. Be sure that the posters represent the following:

  Describe relationship between planning and organizing

Fully describe relationship between planning and organizing. Explain how the controlling function does or does not relate significantly to the planning function.

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