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Write a report (6 to 7 pages) analyzing The Goal by Eliyahu Goldrattan analysis of the book, discussion of relevant concepts, and lessons learned. Your report, at the minimum, must demonstrate an und
Write a report (6 to 7 pages) analyzing The Goal by Eliyahu Goldratt
an analysis of the book, discussion of relevant concepts, and lessons learned. Your report, at the minimum, must demonstrate an understanding of the following concepts:
• Goal of a company and how that goal is achieved.
• Financial and operational measurements
• Productivity: a detailed understanding as related to the goal
• Bottlenecks: definition and a detailed discussion
• Managing bottlenecks and measures to provide more capacity at a bottleneck
• Balancing capacity versus balancing flow
• Dependent events and statistical fluctuations
• Five steps of TOC problem solving process with detailed discussion
• Activation versus utilization of resources
• Role of batch sizes in scheduling
demonstrate clear understanding of these concepts in your report by means of discussions and examples within your report. One option would be to discuss the Theory of Constraints principles and the general approach of five steps for TOC problem solving. You may also choose to relate the concepts to a real-life situation and discuss the concepts in terms of situations at your work place. Including your opinion, examples, and applications will enrich your report. You must provide a reference if you take any material from the Internet. Please do not provide a summary of Alex Rogo’s personal life as the book report.
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