Purchase Solution

Apply the theory of Constraints to your own work

Not what you're looking for?

Ask Custom Question

Apply the theory of Constraints to your own working environment (past or present). Explain why your organization does not have unlimited resources (space, inventory, product line, etc). Explain why there are always limits to what your organization can do.

Purchase this Solution

Solution Summary

Your tutorial is 326 words and explains the theory, gives an example from my life, explains why constraints are a fact of life for business and why there are limitations in every business.

Solution Preview

Apply the theory of Constraints to your own working environment (past or present).

The theory of constraints basically claims that your production, in the short-run, is limited by a number of constraints (and there is always at least one constraint). The way you manage this is by keeping the bottleneck operation busy and subordinating everything else to that.

My biggest constraint is class time. I only have so much of it and I can't get anymore. So, I "off load" certain tasks to non-class time. For instance, I don't hand out class activities or notes or make announcements ...

Solution provided by:
Education
  • BSc, University of Virginia
  • MSc, University of Virginia
  • PhD, Georgia State University
Recent Feedback
  • "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
  • "Thank, this is more clear to me now."
  • "Awesome job! "
  • "ty"
  • "Great Analysis, thank you so much"
Purchase this Solution


Free BrainMass Quizzes
Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Lean your Process

This quiz will help you understand the basic concepts of Lean.