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This paper considers a "single bottleneck system": a multistage production system where all setups except one are zero. The stage with nonzero setup is defined to be the bottleneck; it may be thought of as the critical resource whose throughput largely determines the throughput of the entire...
Persistent link: https://www.econbiz.de/10009191275
Focused Management Technology (FMT) is a managerial approach to solving an organization's problems, designed to improve processes and increase profits. It is based on the integration of the well-established Just In Time (JIT), Total Quality Management (TQM), Theory of Constraints (TOC), Global...
Persistent link: https://www.econbiz.de/10010543263