The Fourth Step in Theory of Constraints Application, "Elevate the Bottleneck(s)

question 51

Multiple Choice

The fourth step in Theory of Constraints application, "elevate the bottleneck(s) ," means that the analyst should:

• A) create a schedule that maximizes the throughput of the bottlenecks.
• B) repeat the analysis process to look for other bottlenecks.
• C) consider increasing capacity of the bottleneck.
• D) schedule non-bottleneck resources to support the bottleneck.

Identify the roles of different financial intermediaries and instruments in the economy.

Understand the process and implications of issuing new bonds and stock in the primary market.

Recognize the impact of regulatory changes on financial instruments and institutions.

Grasp the concept of free cash flow and its components in financial management.

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Definitions:

Marketable Ideas

Marketable Ideas are concepts or inventions that have the potential to be developed into sellable products or services, meeting a specific consumer need or demand in the marketplace.

Entrepreneur

An individual who starts and operates a business venture, assuming the risk for the sake of the profit.

Risk

The possibility of suffering harm or loss; uncertainties affecting the outcome of investment decisions.

Start-Up Process

The series of steps entrepreneurs follow to establish a new business, including idea generation, market research, and securing financing.