Question

(Theory of Constrainst)

Remember: effectively managing restricted resources in the production area of a company is key to increasing profits. When there is a limited resource production, you can increase profit by producing the article having the highest margin of contribution of the restricted resource or can be increased in different ways the operational capacity of the constrained resource (changes in work shifts, work overtime, etc.) He argues with an example of a restricted resource in the production of some product and at least one alternative to manage the restricted resource that generates an increase in the profits of the company.

Answer 1

The Theory of Constraints is a method of change between an organization and a company that focuses on the benefit of the organization. The concept of the theory of contrast suggests that there must be something binding in each organization. The organization is trying to make a problem or something. This is limited to making more profit.

The limit theory (TOC) is a management. As such, it is set up to reach its goals, within the confines of any management. The TOC generally thinks "a placenta is no more than a weak link". This means that organizations are insecure because a vulnerable person or a vulnerable part can always have the disadvantage or adverse effect of the organization on the organization.

The organization has a methodology for recognizing the important limiting factors that stand in the way of the goal.

The basic concept of boundary theory is that every process has a problem and can overcome the problem and improve the organization. Another important message regarding this is that wasting time in non-limit friendly situations will not benefit; Simply improving will push this goal forward.

The four categories of production, land, staff, capital are the production resources which are important components of the economy; People use it to create goods and services.

Every company needs to have a production plan in place to increase production. However, effective planning is a basic process that involves various activities, ensuring where and how the materials, equipment and human resources will be needed. Planning a product beforehand is like a roadmap: for example, it helps you understand where we are headed and how long it will take to get there.

In traditional writing, the organization emphasizes the cost of low. The principles of Constrainst assume the importance of reducing costs rather than minimizing costs.

The Theory of Constrainst establishes a set of tools that agents can use to manage limits, which in turn increases profits. Many businesses will see this as a set of processes that results in a salary cut.