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In the book "The Goal", plant manager Alex Rogo turned to his former professor, Jonah, after being told that the manufacturing plant will shut down if profits don't increase. Jonah helps Alex turn the plant around my employing Jonah's Theory and Constraints (TOC) and Throughput Accounting practices to improve operational management. At the heart of TOC, is the notion that the goal of achieving greater profits requires the management of constraints that limit the system from getting more of what it is trying to achieve as is discussed in this paper.
From the Paper:"A bottleneck is defined as any resource whose capacity is equal to or less than the demand placed upon it (137-138). The first objective of TOC is to identify the bottleneck that is holdup up everything else, gauge the input into the system by the capacity of the bottleneck, never let the bottleneck be idle, and then elevate the capacity of the bottleneck. Jonah asserts that the capacity of the entire plant is equal to the capacity of its bottlenecks and the only true way to increase throughput is by fixing the bottleneck. "
Cite this Analytical Essay:
"The Goal" (2005, October 23) Retrieved April 18, 2019, from https://www.academon.com/analytical-essay/the-goal-61756/
""The Goal"" 23 October 2005. Web. 18 April. 2019. <https://www.academon.com/analytical-essay/the-goal-61756/>