Constraints at Any Step Causes Imbalance in the Capacity of a Process

question 61

True/False

Constraints at any step causes imbalance in the capacity of a process. As a result, the overall performance of a system is affected which in turn leads to low customer satisfaction and loss of money even with high sales level.

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Definitions:

UCC

Governing all commercial activities in the United States, the Uniform Commercial Code is a complete assembly of legal rules.

Savings and Loans

Financial institutions traditionally focused on accepting savings deposits and making mortgages and other loans.

Credit Unions

Member-owned financial cooperatives that provide savings, credit, and other financial services to their members with typically favorable interest rates and terms.

Electronic Fund Transfers

The transfer of money from one account to another, conducted electronically, often through computer systems and without the direct hand-off of physical money.