Describe your understanding of the three measurements (operational expense, throughput, and inventory) that
Question # 00646356
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Updated on: 02/04/2018 05:13 AM Due on: 02/05/2018
submit your completed report on the Theory of Constraints and Supply Chain Management and include a detailed summary of the novel, The Goal. Review the Theory of Constraints (TOC) and Supply Chain Management Materials Report page and ensure you have met all of the requirements for this assignment.
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Describe your understanding of the three measurements (operational expense, throughput, and inventory) that Jonah defined to Alex and explain how Jonah related these three measurements in the "Goal".
Describe your understanding of DBR and provide examples.
The team identified the bottlenecks in their facility. Explain how they achieved this.
Explain your understanding of the steps in the process of on-going improvement and describe how the team defined the process of on-going improvement in the "Goal".
Explain how TOC focuses on entire system management instead of subsystems isolation and how it applies to supply chain management.
Identify and describe a project in your current or past organization where TOC principles can be applied (1-2 pages).
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Solution: Describe your understanding of the three measurements (operational expense, throughput, and inventory) that