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Theory of Constraints

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Concept Overview

Definition *

The theory of constraints (TOC) describes the attempt to maximise operating profits by identifying bottleneck and non-bottleneck operations in a system. It is a process of continuous improvement to remove all constraints in the throughput chain while minimising inventory and operational costs (Balderstone & Mabin, 1998; Drury, 2007).

* Please note this is a 'in production' concept and as such this definition is not ready to be referenced

Business Evidence

Theory of Constraints business evidence is in the process of being written by our faculty. If you want to encourage pushing up the priority of Theory of Constraints, then please comment below, and use the share buttons on the left. The more, comments and shares the more we push the creation of Theory of Constraints forward.

Business Application

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Professional Tools

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Further Reading

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