Fundamental Concepts of Theory of Constraints: An Emerging Philosophy

Authors: Ajay Gupta, Arvind Bhardwaj, Arun Kanda

Abstract:

Dr Eliyahu Goldratt has done the pioneering work in the development of Theory of Constraints. Since then, many more researchers around the globe are working to enhance this body of knowledge. In this paper, an attempt has been made to compile the salient features of this theory from the work done by Goldratt and other researchers. This paper will provide a good starting point to the potential researchers interested to work in Theory of Constraints. The paper will also help the practicing managers by clarifying their concepts on the theory and will facilitate its successful implementation in their working areas.

Keywords: Drum-Buffer-Rope, Goldratt, ProductionScheduling, Theory of Constraints.

Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1327660

References:

[1] E.M Goldra E.M. Goldratt " The Goal: A process of ongoing improvements" North river press, 1984
[2] E.M Goldratt " Goal II: It-s not luck " North river press, 1994
[3] EM Goldratt "Production The TOC Way" North river press, 1994
[4] E.M Goldratt "Theory of constraints " North river press, 1990
[5] EM Goldratt " The critical Chain" North river press
[6] EM Goldratt " The Heystack Syndrom" North river press
[7] E.M Goldratt & R. E. Fox " The Race " North river press, 1986
[8] Spencer M.S. , Cox III J.F. " Optimum production technology and Theory of Constraints( TOC): analysis and genealogy" International Journal of Production research, vol 33, 1995, pp 1495-1504.
[9] J. Devis, V.J. Mobin, S.J.Balderstone " The theory of constraints : a methodology apart -- a comparison with selected OR/MS methodologies" Omega, volume 33 , 2005, 506-524
[10] Shams-ur-Rahman " Theory of constraints: A review of the philosophy and its applications " International Journal of operations management, volume 18, 1998, 336-355
[11] Mishra Nihikant, Parkash, Tiwari M K, Shankar R, Felix T S Chan " Hybrid Tabu- Simulated Annealing based approach to solve multiconstraint product-mix decision problem" Expert systems with applications, Volume 29. 2005, 446-454
[12] R. Verma " Management Science ; Theory of Constraints/ Optimized production technology and local optimization "Omega, volume 25, 1997, 189-200
[13] Wahlers James L, Cox James F " Competitive factors and performance measurement: Applying theory of constraints to meet customer needs " International Journal of Production Economics, volume 37, 1994, 229- 240
[14] Duclos Leslie K, Spencer Michael S " The impact of a constraint buffer in a flow shop" International Journal of Production Economics, Volume 42, 1995, 175- 185.