The Theory of Constraints was developed to maximize the performance of a value chain.According to the theory,five steps are required to maximize and improve the performance of a value chain.
Required:
a.List the five steps.
b.Define the two terms bottleneck process and throughput contribution.Indicate how these terms are related to the theory of constraints.
Unit 8-4,

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The Answer of The Theory of Constraints was developed to maximize the performance of a value chain.According to the theory,five steps are required to maximize and improve the performance of a value chain.
Required:
a.List the five steps.
b.Define the two terms bottleneck process and throughput contribution.Indicate how these terms are related to the theory of constraints.
Unit 8-4,

The Theory of Constraints Was Developed to Maximize the Performance