How does the Theory of Constraints relate to continuous improvement? One complaint about the Theory of Constraints is its short-term focus. Do you feel this is detrimental? Why? Is there a way to give it a more long-term focus? What is your reaction to the concept of all costs other than direct materials are fixed?
How does the Theory of Constraints relate to continuous improvement? One complaint about the Theory of Constraints is its short-term focus. Do you feel this is detrimental? Why? Is there a way to give it a more long-term focus? What is your reaction to the concept of all costs other than direct materials are fixed?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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How does the Theory of Constraints relate to continuous improvement? One complaint about the Theory of Constraints is its short-term focus. Do you feel this is detrimental? Why? Is there a way to give it a more long-term focus? What is your reaction to the concept of all costs other than direct materials are fixed? Please make your initial post by midweek, and respond to at least one other student's post by the end of the week. Please check the Course Calendar for specific due dates.
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