The Theory of Constraints Uses the Following Five Steps to Achieve

question 127

Multiple Choice

The theory of constraints uses the following five steps to achieve its goal of improving organizational performance:
1) Exploit the binding constraints.
2) Elevate the organization's binding constraints.
3) Identify an organization's constraints.
4) Repeat the process as a new constraint emerges to limit output.
5) Subordinate everything else to the decisions made when exploiting the binding constraints.
What is the correct order for performing these steps?

• A) 3, 1, 5, 2, 4
• B) 3, 5, 1, 2, 4
• C) 1, 3, 5, 2, 4
• D) 3, 1, 5, 4, 2

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Definitions:

Poorly Solved Problems

Issues or challenges that have not been addressed effectively and may still require a suitable solution.

Brand Managers

Professionals responsible for developing and maintaining a brand's image, identity, and strategy to achieve business objectives.

Co-Creation

The collaborative process between companies and customers to create value or develop new products, services, or experiences together.

Linking Value

The benefit that arises from a product or service's ability to connect the customer with others, enhancing social or professional networks.