theory of constraints

English - Turkish

Definition of theory of constraints in English Turkish dictionary

Kısıtlar teorisi

English - English

Definition of theory of constraints in English English dictionary

Describes methods to maximise operating profit when faced with some bottleneck and some non-bottleneck operations

(Ticaret) (TOC) Originally developed by Dr. Eliyahu Goldratt and published in his book The Goal, and based on the theory that a system has a single goal, and that systems are composed of multiple linked activities, one of which acts as a constraint on the whole system. It places emphasis on methods to achieve the primary business goal of making money through increasing throughput and reducing inventory and operating expenses, ways to synchronize the production pace of linked activities and ensure continued operation of the system constraint, and the use of thinking processes to identify problems and propose alternatives

Also called constraints management, it is a set of tools that examines the entire system for continuous improvement The current reality tree, conflict resolution diagram, future reality tree, prerequisite tree and transition tree are the five tools used in its ongoing improvement process

Originally developed by Dr Eliyahu Goldratt and published in his book The Goal, and based on the theory that a system has a single goal, and that systems are composed of multiple linked activities, one of which acts as a constraint on the whole system It places emphasis on methods to achieve the primary business goal of making money through increasing throughput and reducing inventory and operating expenses, ways to synchronize the production pace of linked activities and ensure continued operation of the system constraint, and the use of thinking processes to identify problems and propose alternatives

A management approach that focuses on identifying and relaxing the constraints that limit an organization's ability to reach a higher level of goal attainment

A management philosophy developed by Dr Eliyahu M Goldratt that is broken down into three interrelated areas - logistics, performance measurement, and logical thinking Logistics include drum-buffer-rope scheduling, buffer management, and VAT analysis Performance measurement includes throughput, inventory and operating expense, and the five focusing steps Logical thinking includes identifying the root problem (current reality tree), identifying and expanding win-win solutions (evaporating cloud and future reality tree), and developing implementation plans (prerequisite tree and transition tree)

Hyphenation

the·o·ry of constraints

Turkish pronunciation

thiıri ıv kınstreynts

Pronunciation

/ˈᴛʜēərē əv kənˈstrānts/ /ˈθiːɜriː əv kənˈstreɪnts/