The Theory of Constraints Was Developed to Maximize the Performance

question 182

Essay

The Theory of Constraints was developed to maximize the performance of a value chain.According to the theory,five steps are required to maximize and improve the performance of a value chain.
a.List the five steps.
b.Define the two terms bottleneck process and throughput contribution.Indicate how these terms are related to the theory of constraints.

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Definitions:

Binocular Disparity

Binocular depth perception cue; the difference in images between the two eyes, which is greater for objects that are close and smaller for distant objects.

Texture Gradient

A depth cue in which the gradation of texture suggests distance; closer portions have detailed, finely textured patterns, while farther portions appear smoother.

Linear Perspective

A method in art and design that depicts objects and scenes as they appear to the eye with diminishing size and converging lines for depth and proportion.

Convergence

The coming together of various factors or phenomena to produce a combined effect, or the ability of the eyes to simultaneously turn inward to focus on an object.