Which of the following statements about the theory of constraints is (are) true?

Question

Which of the following statements about the theory of constraints is (are) true?

(A) The theory of constraints focuses on determining the optimal product mix when one or more resources restrict the attainment of a goal or objective.

(B) The theory of constraints focuses on maximizing the rate of throughput contribution while minimizing investment and other operating costs.

Only A.

Only B.

Neither A nor B is true.

Both A and B are true.

Which of the following statements about the theory of constraints is (are) true?

Explanation / Answer

Answer:- The following statements are true about the theory of constraints:-

(A) The theory of constraints focuses on determining the optimal product mix when one or more resources restrict the attainment of a goal or objective.

(B) The theory of constraints focuses on maximizing the rate of throughput contribution while minimizing investment and other operating costs.

Explanation:- The Theory of Constraints is a methodology for identifying the most important limiting factor (i.e. constraint) that stands in the way of achieving a goal and then systematically improving that constraint until it is no longer the limiting factor. In manufacturing, the constraint is often referred to as a bottleneck.

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