Goldratt’s “Theory of Constraints” A 2-3 line answer/explanation is enough for each question. #1. What is the goal? #2. Alex’s thinking seems to be “distorted” by conventional management accounting metrics. What problem or problems does this lead to? #3. What are the three operational measurements? Include a one or two sentence description of each. #4. How is each operational measurement computed? #5. Of the three measures, which measure has the greatest impact on profitability? Briefly, describe why this differential impact might be true. #6. What are the five focusing steps as first described? #7. What are the five focusing steps that are finally settled upon? #8. What are the six “takeaways” on how to drive continuous improvement? #9. How might this approach be useful almost any organization)? #10. Any other comments that you care to make. *** Your general assessment of TOC. *** *** Of special interest is any experience you might have had with using the TOC. Basic situation or problem. Action taken. Success or failure?
Goldratt’s “Theory of Constraints”
A 2-3 line answer/explanation is enough for each question.
#1. What is the goal?
#2. Alex’s thinking seems to be “distorted” by conventional management accounting metrics. What problem or problems does this lead to?
#3. What are the three operational measurements? Include a one or two sentence description of each.
#4. How is each operational measurement computed?
#5. Of the three measures, which measure has the greatest impact on profitability? Briefly, describe why this differential impact might be true.
#6. What are the five focusing steps as first described?
#7. What are the five focusing steps that are finally settled upon?
#8. What are the six “takeaways” on how to drive continuous improvement?
#9. How might this approach be useful almost any organization)?
#10. Any other comments that you care to make. *** Your general assessment of TOC. *** *** Of special interest is any experience you might have had with using the TOC. Basic situation or problem. Action taken. Success or failure?
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