The theory of constraints (TOC)is:
A)A strategic technique primarily used to reduce waste
B)A strategic technique used to help firms effectively improve the rate at which raw materials are converted to finished goods and then money through sales
C)A strategic technique used to balance capacity across all resources
D)All of the above

Question

Quizplus · Accepted Answer

The theory of constraints (TOC) is a strategic technique used to help firms effectively improve the rate at which raw materials are converted to finished goods and then money through sales. It focuses on identifying and managing the constraints within a production process to optimize flow and increase throughput. While reducing waste and balancing capacity may be byproducts of implementing TOC, they are not its primary objectives.

The Theory of Constraints (TOC)is