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Many firms have benefited from Theory of constraints implementation helping them in achieving ambitious goals. Theory of constraints uses inherent potential in supply to turnaround businesses. This paper uses case study approach to explore the existing implementation model of Theory of...
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This paper examines a grocery retailer’s management of a premade food product. The retailer’s goal is to maximize a weighted sum of direct profit and customer welfare. Multiple items of the product are produced in batches and displayed for sale. Considering that each item’s quality...
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