2. Constraint in Operations Management
A constraint is anything that prevents the system from achieving its
goal & achieving maximum throughput.
3. Theory of Constraints (TOC)
A systematic management approach that focuses on actively managing
those constraints that makes a firm’s progress towards it’s goal
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6. Bottlenecks
A Bottleneck is the process or step which has the lowest capacity and
longest throughput. Bottlenecks can be internal or external to a firm.