Q52
A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottle neck operations is
A.
theory of contribution
B.
theory of constraints
AnswerC.
theory of conflicts
D.
theory of maximization
Answer: Option B
Solution
Answer: Option B
Solution:
A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottle neck operations is theory of constraints. 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.