Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Which of the following statements is incorrect about the theory of constraints (TOC)?

A. According to TOC, identifying the bottleneck in a process is critical for improving the overall flow through the process.

B. According to TOC, the goal of any operation is to make money.

C. TOC was developed by Goldratt in his book, "The Goal."

D. According to TOC, increased utilization of a non-bottleneck would improve the operating performance in a factory.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M91894117

Have any Question?


Related Questions in Operation Management

Todays state-of-the-art network security appliances do a

"Today's state-of-the-art network security appliances do a great job of keeping the cyber monsters from invading your business. But what do you do when the monster is actually inside the security perimeter? Unfortunately ...

Small business dilemmaassessment of central bank

Small Business Dilemma Assessment of Central Bank Intervention by the Sports Exports Company Jim Logan, owner of the Sports Exports Company, is concerned about the value of the British pound over time because his firm re ...

Hanson brothers inc sells industrial-strength aluminum foil

Hanson Brothers, Inc. sells industrial-strength aluminum foil used by companies in large-scale manufacturing processes. Their best-selling grade of aluminum foil costs $250 per square yard to manufacture and sells for $3 ...

Assignmentwrite a proposal that promotes ideas for

Assignment Write a proposal that promotes ideas for improving the project management communication at your place of work. The audience for your proposal is your management. Your proposal can include charts, graphs, table ...

1 discuss the characteristics of transportation involved

1. Discuss the characteristics of Transportation involved with International Logistics. 2. What is the importance of GATT, WTO and arrangements such as the NAFTA in ensuring trade is fair in the international environment ...

A pew internet amp american life study found that teens and

A Pew Internet & American Life study found that teens and young adults consider their frequent e-communication as very different from the traditional writing they learn in school and generally don’t consider it “real wri ...

1 as a leader what are some characteristics of the desired

1. As a leader what are some characteristics of the desired end state design of change? What are some options the leader must consider when designing this end state and how will you integrate all of these pieces to paint ...

Please solve the following problems related to inventory

Please solve the following problems related to Inventory Management 1. A produce distributor uses 2500 packing crates per year. The manager has assigned an annual carrying cost of $5 per crate. Ordering cost is $20. (a) ...

Assignment explain promotions strategy and contingency

Assignment Explain Promotions strategy and contingency plans for Cell phones and cell phone repair retail store? All submission needs to be in MS Word or Adobe Acrobat formats (only) which will be checked for accuracy an ...

A sporting goods company has a distribution center that

A sporting goods company has a distribution center that maintains inventory of fishing rods. The fishing rods have the following demand, lead time, and cost characteristics: Average demand = 230 units per day, with a sta ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As