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Discussion post, does not need to be long
Read the article “IS TOC FOR YOU?” concerning the Theory of Constraints and comment on the following questions:
- How might the theory of constraints be implemented in an Activity Based Management organization?
- How does the Theory of Constraints relate to continuous improvement?
- One complaint about the Theory of Constraints is its short-term focus. Do you feel this is detrimental? Why? Is there a way to give it a more long-term focus?
- What is your reaction to the concept of all costs other than direct materials are fixed?
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