1. theory of contribution
  2. theory of constraints
  3. theory of conflicts
  4. theory of maximization
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Answer: Option 2

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.

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