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Theory of Constraints

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Title: Theory of Constraints
by Eliyahu M. Goldratt
ISBN: 0884271668
Publisher: North River Press Publishing Corporation
Pub. Date: December, 1999
Format: Paperback
Volumes: 1
List Price(USD): $19.95
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Average Customer Rating: 3.44

Customer Reviews

Rating: 5
Summary: (Un ) commonsense
Comment: Commonsense is said to be not very common! Hence this book and the theory that can be put to use to achieve dramatic results. One question that a reader is likely to encounter in reading this is whether to read "The Goal" before reading this book. I feel that it does not matter as long as you finished reading both. In fact Mr Goldratt relies heavily on several chapters of "The Goal" to illustrate the theory.

Whatever the nature of business, Throughput, Operating Expenses and Inventory are the parameters on which managers grabble with and try to gain control. Theory of Constraints (TOC) puts all these in an excellent framework, defines their relationship and suggests methodologies for achieving globally optimal solutions for the Organization.

Excellent reading ; revisit this book when in doubt!

Rating: 5
Summary: From the shop floor, TOC rises to solve your real problems.
Comment: Goldratt writes about his Theory of Constraints - and how it is far more than just a shop floor "bottleneck" optimization program. TOC is really about making decisions in this fast-paced, ever-changing world. A "Jonah" knows that quick fixes lead to "chasing one's tail". Insight comes from recognizing that "Current Reality Trees" can be made that get at the root of your problems ("Undesirable Effects"). What are the assumptions that keep you in the rat race? How can you affect breakthrough gains in "Throughput", without much "Inventory" and keeping a lid on "Operating Expenses". Goldratt offers a surprising clear "thinking process" that is applicable to all areas of our lives. Objectivity and a clear head prove that "cost accounting" and "local optima" are short sighted. TOC is a breath of fresh air that all managers should read - especially those at the top. join the counter-revolution in management theories.

Rating: 3
Summary: the front gives--the back takes away!
Comment: TOC is very well done....until you get to the the second half. Dr. Goldratt would have done better if he could have teamed with someone to offer techniques on the psycology side. His TOC is however, very well explained in the front half of the book.

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