REAL

Application of specific tools of the Theory of Constraints – a case study

Stopka, Ondrej and Zitrický, Vladislav and Ľupták, Vladimír and Stopková, Mária (2023) Application of specific tools of the Theory of Constraints – a case study. COGNITIVE SUSTAINABILITY, 2 (1). pp. 16-27. ISSN 2939-5240

[img]
Preview
Text
CogSust_2_1_Stopka.pdf

Download (370kB) | Preview

Abstract

The Theory of Constraints is a management tool for continuously improving corporate performance. In the USA, it has been very successful, above all due to the contribution of a comprehensive assessment of the issues of managerial control. Its development has also been taking place in the Czech Republic. This paper aims to present the Theory of Constraints tools and then apply some of them to a specific enterprise in logistics activities. The findings in terms of detecting and widening the bottleneck afterwards should exert a positive impact on corporate performance. Current Reality Tree, Conflict Diagram and Future Reality Tree are applied in the paper to eliminate undesirable effects that prevent the enterprise from increasing its performance. Besides providing this specific enterprise with concrete solutions to identified issues, this study aims at depicting the procedure for implementing the methods of the Theory of Constraints, including specific results and benefits of the suggested solutions, along with the quantification of their costs, savings and throughput.

Item Type: Article
Uncontrolled Keywords: Theory of Constraints, Current Reality, Tree Future Reality, Tree Conflict Diagram streamlining, undesirable effects, desirable effects
Subjects: H Social Sciences / társadalomtudományok > HB Economic Theory / közgazdaságtudomány
H Social Sciences / társadalomtudományok > HD Industries. Land use. Labor / ipar, földhasználat, munkaügy > HD30.2 Knowledge management. Information technology management / Tudásmenedzsment
H Social Sciences / társadalomtudományok > HD Industries. Land use. Labor / ipar, földhasználat, munkaügy > HD3 Labor / munkaügy > HD32 Labour economics / munkagazdaságtan
SWORD Depositor: MTMT SWORD
Depositing User: Gabriella Virág
Date Deposited: 11 Apr 2023 08:49
Last Modified: 11 Apr 2023 08:49
URI: http://real.mtak.hu/id/eprint/163627

Actions (login required)

Edit Item Edit Item