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Publisher Description

A student guide for Overview of the Theory of Constraints for Industry. Workbook discusses what TOC is starting with the example of a process as "a black box", where things enter (i.e. material and money) and things come out (aka completed items out). It then expands upon this system in how it can me measured using Throughput Accounting principles of Throughput, Inventory, and Operating Expenses (T, I, OE). It then checks out the application of TOC in developing the TOC soluction for production using the "5 Focusing Steps". In summary, is a set of rational devices referred to as the Thinking Processes and their applications. In market the applications cover finance, production, engineering, distribution, marketing, sales, setting the strategic instructions of the company, and, no less important, management skills.

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