Outline Introduction to Constraints

Slides:

Advertisements

Similar presentations

THEORY OF CONSTRAINTS & DRUM – BUFFER - ROPE

Advertisements

Short-term Capacity Optimization

Profitability and Risk Management 1 Theory of Constraints Let’s go back to the CVP model: What “constrains” your profit? If you can choose X to be arbitrarily.

Drum –Buffer-Rope Skorkovský Based on : R. Holt, Ph.D., PE.

7 – 1 Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall. Constraint Management (Short-term Capacity Planning) 7.

Theory of Constraints Scheduling APICS PDM January 14, 2009.

Theory of Constraints Part II: TOC Concepts

MANAGEMENT ACCOUNTING

Theory of Constraints. IF: Clients never changed their minds And Vendors always supply, whatever we ask for, on time, And We do not have any absenteeism.

Management Accounting: A Road of Discovery. Management Accounting : A Road of Discovery James T. Mackey Michael F. Thomas Presentations by: Roderick S.

Chapter 18 Synchronous Manufacturing and the Theory of Constraints

7 – 1 Copyright © 2010 Pearson Education, Inc. Publishing as Prentice Hall. Constraint Management 7 For Operations Management, 9e by Krajewski/Ritzman/Malhotra.

© The McGraw-Hill Companies, Inc., Synchronous Manufacturing and Theory of Constraints.

THEORY OF CONSTRAINTS PROF DR FILIP ROODHOOFT. © Vlerick Business School THEORY OF CONSTRAINTS Philosophy Optimise the performance by managing the bottlenecks.

8/27/04 Cut the Lot Size What can we do if the bottleneck has moved outside the plant?

1 PowerPointPresentation by PowerPoint Presentation by Gail B. Wright Professor Emeritus of Accounting Bryant University © Copyright 2007 Thomson South-Western,

THEORY OF CONSTRAINTS ACCT 7320 October 8, 2014.

Operations Scheduling. Scheduling in a Process-Focused Environment.

Operations Management Contemporary Concepts and Cases Chapter Thirteen Scheduling Operations Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights.

1 Slides used in class may be different from slides in student pack Chapter 18 Synchronous Manufacturing and the Theory of Constraints  Goldratt’s Rules.

Candid Comparison of Operational Management Approaches James R. Holt, Ph.D., PE, Jonah-Jonah Washington State University-Vancouver Engineering Management.

Dependent Events and Statistical Fluctuations

CHAPTER Inventory Management.

Operations and Production Management

Introduction to Accounting Information Systems

Chapter 3 Network and System Design. Objectives After reading the chapter and reviewing the materials presented the students will be able to: Understand.

Chapter 11: Strategic Leadership Chapter 8 Production and operations management.

Introduction to Theory of Constraints

Introduction to the Theory of Constraints (TOC) & Critical Chain Project Management (CCPM) Major Mark McNabb.

So What? Operations Management EMBA Summer TARGET You are, aspire to be, or need to communicate with an executive that does not have direct responsibility.

Very concise introduction MPH_AOMA Jaromír Skorkovský, KPH,ESF MU BRNO.

Scheduling Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill.

TOC 1 Theory Of Constraints. TOC 2 Theory of Constraints How does TOC differ from the conventional shop control theory? Throughput definition * Emphasis.

Drum –Buffer-Rope Based on : R. Holt, Ph.D., PE

Lean Accounting & Theory of Constraints Two related concepts ACCT7320, 2/3/09 1.

Theory of constraints Slovak University of Technology Faculty of Material Science and Technology in Trnava.

McGraw-Hill/Irwin © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved. 1.

Synchronous Manufacturing and Theory of Constraints

20-1 Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints 20.

© The McGraw-Hill Companies, Inc., Chapter 17 Synchronous Manufacturing and the Theory of Constraints.

1 Session 18 Implementation of TOC at Tosoh, SMD Laura Blum Production and Inventory Control Manager.

1 Theory of Constraints Short-term Capacity Optimization.

Material Flow Control, CONWIP and Theory of Constraints 35E00100 Service Operations and Strategy 7 Fall 2015.

Drum –Buffer-Rope Skorkovský Based on : R. Holt, Ph.D., PE.

Drum –Buffer-Rope Based on : R. Holt, Ph.D., PE. Traditional Approach: Divide and Conquer Division of Labor breaks down linkages complex systems into.

Module 10: Theory of Constraints Operations Management as a Competitive Weapon.

24-1 Inventory Management: Economic Order Quantity, JIT, and the Theory of Constraints Prepared by Douglas Cloud Pepperdine University Prepared by Douglas.

BRIGHT NSIAH FORDJOUR INNOVATION IN BUSINESS CREATION AND MANAGEMENT.

5 © The McGraw-Hill Companies, Inc., 2002 McGraw-Hill/Irwin 5 5 Slide 5-1 Target Costing,Theory of Constraints, and Life-Cycle Cost.

1-1 Learning Objective 1 Identify the major differences and similarities between financial and managerial accounting. Learning objective number 1 is to.

Introduction to the Theory of Constraints (TOC) & Critical Chain Project Management (CCPM) Major Mark McNabb.

MEL751: Module on Theory of Constraints

ERP (21-550) Sharif University of Technology Session #6

McGraw-Hill/Irwin ©2009 The McGraw-Hill Companies, All Rights Reserved

Strategic Capacity Management

Introduction to Linear Programs

Synchronous Manufacturing and Theory of Constraints

Drum –Buffer-Rope Skorkovský Based on : R. Holt, Ph.D., PE.

Critical Chain Project Scheduling

MANAGEMENT ACCOUNTING

Synchronous Manufacturing

Theory of Constraints Superfactory Excellence Program™ www

Drum –Buffer-Rope Skorkovský Based on : R. Holt, Ph.D., PE.

SE503 Advanced Project Management

Goldratt's Theory of Constraints (TOC)

Drum –Buffer-Rope Based on : R. Holt, Ph.D., PE.

Theory of Constraints Part II: TOC Concepts

Inventory Stock of items held to meet future demand

Synchronous Manufacturing and Theory of Constraints

1. 2 Operational Efficiency and Business process Performance Operational Efficiency and Business process Performance Just in Time Systems (J I T) Reductions.

Presentation transcript:

Theory of Constraints http://www.managementsupport.com

Outline Introduction to Constraints Five Steps Of Theory of Constraints Drum Buffer Rope Evaporating Cloud Method The Batch Size Problem Chain Analogy Issues with TOC Measurements & Financial Issues

Constraints Constraint 60 units Per day 70 units Per day 40 units Any system can produce only as much as its critically constrained resource Constraint 60 units Per day 70 units Per day 40 units Per day 60 units Per day Maximum Throughput = 40 units per day

Issues with TOC Advantages Improves capacity decisions in the short-run Avoids build up of inventory Aids in process understanding Avoids local optimization Improves communication between departments

TOC, TQM and JIT All 3 methods attempt to reduce variation and recognize the interdependencies. Statistical process control is emphasized in the quality area to help identify ways to reduce variations. Cells are used to reduce the dependencies, U cell configurations, where one worker is moving with the processed piece from one machine to another Predetermined schedules, in TOC, reduce both statistical fluctuation and dependent resources.