TAILIEUCHUNG - Theory of constraints: A state-of-art review

This paper presents an overview of different perspectives of TOC and its implementation in different industries such as project management, quality management, outsourcing, product mix, make-to-buy, accounting, banking and health care, etc. | Theory of constraints A state-of-art review Accounting 2 2016 45 52 Contents lists available at GrowingScience Accounting homepage ac Theory of constraints A state-of-art review Maryam Oroujia b a Department of Industrial Engineering Iran University of Science and Technology Tehran Iran b Nikan high School Community Education Council District 2 Tehran Iran CHRONICLE ABSTRACT Article history The theory of constraints TOC is a management tool which considers any manageable Received June 5 2015 system as being limited in reaching more of its objectives by some constraints. According to Received in revised format TOC there is always at least one single constraint and TOC implements a concentrating August 16 2015 process to detect the constraint and restructure the remaining of the organization around it. This Accepted December 15 2015 Available online paper presents an overview of different perspectives of TOC and its implementation in different December 16 2015 industries such as project management quality management outsourcing product mix make- Keywords to-buy accounting banking and health care etc. The results indicate that the method has been Theory of constraints extensively implemented in different areas of accounting. Product mix Cost accounting 2016 Growing Science Ltd. All rights reserved. 1. Introduction The theory of constraints TOC is a management tool which considers any manageable system as being limited in reaching more of its objectives by some constraints. According to TOC there is always at least one single constraint and TOC implements a concentrating process to detect the constraint and restructure the remaining of the organization around it. This paper presents an overview on different perspectives of TOC and its implementation in various industries such as product mix scheduling banking industry etc. 2. The Theory of Constraint Over the last two decades several studies have been published on the contribution of .

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