| Q. 14 |
What is the Theory of Constraints about? |
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| Ans. |
Developed by Dr. Eli Goldratt, TOC states that any system has at least one constraint. Otherwise, it would be generating an infinite amount of output. Bearing this in mind, TOC is easily explained through use of the "chain" analogy - "a chain is only as strong as its weakest link." If we look upon our organization as a chain, where each department is a "link" in the chain, what constrains our organization from achieving its goal? Only through addressing the weakest link, the constraint, can substantial improvements be made. In other words, if the constraint dictates the pace of an organization's ability to achieve it's goal, it makes sense that addressing the constraint will allow the organization to achieve a substantial rate of throughput faster. |
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