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Archive for May, 2011

Theory of Constraints by Eliyahu M. Goldratt


Theory of constraints or TOC is a management philosophy that was given in 1984 by Eliyahu M. Goldratt. This concept is the acknowledgement of cause and effect. It was introduced in a book called The Goal which is geared to help the organizations in achieving their goal. A system which has to attain a certain [...]