Theory of Constraints
TOC holds that systematically identifying and improving the binding constraint is the most effective path to better system performance. Applying TOC results in smoother operations, higher productivity, and increased profitability. The Theo…
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TOC holds that systematically identifying and improving the binding constraint is the most effective path to better system performance. Applying TOC results in smoother operations, higher productivity, and increased profitability. The Theory of Constraints is a management philosophy introduced by Eliyahu M. Goldratt in his 1984 book The Goal. The core premise of TOC is that every system has at least one constraint that is the most significant limiting factor preventing the system from achieving its goal.