The theory of constraints is more useful for the long-run management of costs since it takes a long-run
perspective and focuses on improving processes by eliminating non-value-added activities and reducing the costs of performing value-added activities.

Question

Quizplus · Accepted Answer

The theory of constraints is less useful for the long-run management of costs since it regards operating costs as difficult to change in the short run, it does not identify individual activities and drivers of costs.

The Theory of Constraints Is More Useful for the Long-Run