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 example of system constraints


Reflections on Lean Philosophy and the Theory of Constraints
The theory of constraints (TOC) is similar to, yet different from, the lean philosophy. TOC focuses on optimizing production through critical bottlenecks in

example of system constraints  customer value-adding activities. Another example is TOC's definition of inventory , which includes all investments in procuring materials to meet customer demand, such as raw materials, work-in-process (WIP), finished goods, and scrap. The crucial point, however, is that, according to TOC, inventory is a liability and certainly not an asset. This is consistent with lean manufacturing's focus on eliminating waste. Finally, TOC's definition of operating expenses encompasses all the money the system spends

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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