Using the Theory of Constraints,what Is/are Remedial Action(s)that Managers Can

question 2

Multiple Choice

Using the theory of constraints,what is/are remedial action(s) that managers can take?

• A)Eliminate idle time on the bottleneck operation.
• B)Shift parts that do not have to be made on the bottleneck machine to non-bottleneck machines or to outside facilities.
• C)Increase the capacity of the bottleneck process.
• D)All of the answers are correct.

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Definitions:

Shareholders

Individuals or entities that own shares in a corporation and have an interest in its performance and governance.

Financial Value

The quantifiable worth of an asset, security, or company, often determined by material and tangible factors within markets.

Extrinsic Rewards

Incentives provided by an external source, such as an employer, to motivate employees, which can include wages, bonuses, and other tangible benefits.

Intrinsic Rewards

Satisfaction a person receives from the process or act of performing a particular activity, rather than from any external rewards.