Theory of Constraints (ePub)

Theory of constraints is a methodology that is used by thepeople to identify the constraints that are standing as ahindrance in the process of accomplishing the organizationsgoals besides improvising the constraint to ensure that it doesnot stand as an obstacle. To be precise, the limitation has tobe shaped in such a way that it no longer would be aconstraint. Basically, in the manufacturing industry, constraint isreferred by the name called bottleneck. As per the theory ofconstraint (TOC), each and every process that is being carriedout has a constraint. It is crucial for the organizations in theirrespective industry to assimilate the constraints to facilitate thewhole process. Without improving the constraints, it is notpossible for the organizations to improve the entire process.This is better explained with an example. If someone hashanded you a match box and asked you to count. Then, tostart the count you would remove the match sticks from thebox and after counting you would arrange them back in thebox properly. So, the constraint in this is how soon the matchbox is handed over to you. Did the time have an impact onyour counting speed? Would you have counted the matchsticksin the box more quickly, if the match box was handed over toyou a little bit before? Basically, this is how the constraint willhelp to boost the process. However, in this e-book we willdiscuss about the theory of constraints in detail. However, byreading this informative e-book, you will have a thoroughunderstanding on the below concepts of theory of constraints.IntroductionWhat is the theory of constraint?Types of constraintsImplementation of five step process in theory of constraintsPrinciples of theory of constraintsReal-time examples of theory of constraintHow the theory of constraints works in service organizationsEstablishing relationship between operational measures andtheory of constraintComparison of lean thinking with theory of constraints