According to the Theory of Constraints, Throughput Is the Rate

question 19

True/False

According to the theory of constraints, throughput is the rate at which product is passed through the manufacturing system.

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Definitions:

Technological Advances

Technological advances refer to the progress in technology that enhances efficiency, productivity, and capabilities of operations and services.

Logistics Management

An approach that seeks efficiency of operations through the integration of all material acquisition, movement, and storage activities.

Competitive Advantage

The unique attribute or combination of attributes that allows an organization to outperform its competitors.

Customer Service

The support and care provided by a business to its customers before, during, and after a purchase, aiming to improve customer satisfaction and loyalty.