Goldratt’ s Rules of Production Scheduling Do not balance capacity balance the flow The level of utilization of a nonbottleneck resource is not determined by its own potential but by some other constraint in the system Utilization and activation of a resource are not the same An hour lost at Read more…
Performance Measurement Financial Net profit an absolute measurement in dollars Return on investment a relative measure based on investment Cash flow a survival measurement Performance Measurement Operational 1. Throughput the rate at which money is generated by the system through sales 2. Inventory all the money that the system has Read more…
Introduction to Drum Buffer Rope (DBR) ?What is Drum Buffer Rope? Drum Buffer Rope (DBR) is a planning and scheduling solution derived from the Theory of Constraints (ToC). The fundamental assumption of DBR is that within any plant there is one or a limited number of scarce resources which control Read more…
Outline Outline -Continued Outline -Continued Outline -Continued Learning Objectives When you complete this chapter you should be able to: Learning Objectives When you complete this chapter you should be able to: Delta Airlines Strategic Importance of Short-Term Scheduling Scheduling Issues Scheduling Decisions Scheduling Flow Forward and Backward Scheduling Forward and Read more…
Goldratt’ s Goal of the Firm Performance Measurement: Financial Net profit an absolute measurement in dollars Return on investment a relative measure based on investment Cash flow a survival measurement Performance Measurement: Operational 1. Throughput the rate at which money is generated by the system through sales 2. Inventory all Read more…