According to the Theory of Constraints,which of the Following Is

question 124

Multiple Choice

According to the theory of constraints,which of the following is not a step required to maximize and improve the performance of a value chain?

• A)Deciding how to exploit the constraint.
• B)Elevating the performance of the constraint.
• C)Determining customer demand.
• D)Both deciding how to exploit the constraint and elevating the performance of the constraint.

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Definitions:

Payable

Refers to an amount of money that is owed and should be paid, often within a specified period.

Instrument

A formal document that serves as a legal evidence of a fact or agreement, such as a contract, deed, will, or promissory note.

Promissory Notes

Written promises to pay a specified sum of money to a certain person or entity under agreed terms.

Negotiated

Discussed or arranged terms and conditions towards an agreement through a process of bargaining.