by Dr Lisa | constraint, eliyahu goldratt, Focus, theory of constraints, TOC Consultant, toc expert
I spent this last week with Dr Eliyahu Goldratt. As many of you know I used to work for him as his Global Marketing Director. He invited me to come and check out what he’s been working on. So, here’s my take on it … One of the key differences in his thinking is that... by Dr Lisa | constraint, DBR, goldratt, investment, measurements, operating expense, poogi, the goal eliyahu m goldratt, theory of constraints, throughput, throughput accounting
We are continuing our series based on The Goal by Eliyahu M Goldratt. The core idea in the Theory of Constraints (TOC) is that every real system, such as a for-profit business, must have at least one constraint. If it were not true, then the system would produce an... by Dr Lisa | constraint, goldratt, job shops, milling constraint, theory of constraints, wip, work in process
Let’s take a simple environment as an example. Say that there are seven operations in this environment: customer service receives and enters the order, engineering programs the part, and when released the order processes through lathes, mills, outside heat treat,... by Dr Lisa | 80/20 Rule, 99/1 Rule, constraint, Dr Lisa Lang, goldratt, Juran, maximizing profitability, pareto principle, theory of constraints
Question: You mention in your speech that TOC (Goldratt’s Theory of Constraints) is about the 99/1 Rule, not the 80/20 Rule. Can you explain that? Answer: Let’s start by talking about the 80/20 Rule. The 80/20 Rule, also called the Pareto Principle was made...
