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Archive for May 2018

According to the theory of constraints, a non-bottleneck is any resource where capacity is less than the demand placed on it.

According to the theory of constraints, a non-bottleneck is any resource where capacity is less than the demand placed on it. Answer: Fal...

According to the theory of constraints, a bottleneck is any resource whose capacity is greater than the demand placed on it.

According to the theory of constraints, a bottleneck is any resource whose capacity is greater than the demand placed on it. Answer: Fal...

According to the theory of constraints, it is wrong for manufacturers to try to match capacity with demand by attempting to balance capacity across a sequence of processes. Unbalanced capacity is better.

According to the theory of constraints, it is wrong for manufacturers to try to match capacity with demand by attempting to balance capacity across...

According to the theory of constraints, the term "productivity" is defined as all those actions that bring a company closer to its goals.

According to the theory of constraints, the term "productivity" is defined as all those actions that bring a company closer to its goals. Answer:...

Mr. Goldratt's "theory of constraints" is useful only in manufacturing settings.

Mr. Goldratt's "theory of constraints" is useful only in manufacturing settings. Answer: Fal...

From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simultaneously reducing inventory and reducing operating expense.

From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simultaneously reducing...

The operational measure of throughput is "the rate at which money is generated by the system through production of goods and services that might be sold."

The operational measure of throughput is "the rate at which money is generated by the system through production of goods and services that might be...

Dr. Eli Goldratt feels that the goal of a firm is to make useful products efficiently.

Dr. Eli Goldratt feels that the goal of a firm is to make useful products efficiently. Answer: Fal...

Synchronous manufacturing refers to the entire production process working together in harmony to achieve the goals of the firm.

Synchronous manufacturing refers to the entire production process working together in harmony to achieve the goals of the firm. Answer: Tr...

OPT stands for optimal purchasing technique.

OPT stands for optimal purchasing technique. Answer: Fal...
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