RSM322H1 Lecture Notes - Lecture 3: Operations Management
Document Summary
Handout # 3 theory of constraints and tacht time. Measurement of how efficiently the production line is running has often been constrained to comparing the rate of output for the entire line over a specified period of time. The overarching theory of production line efficiency is called the theory of constraints which says that the rate of output is constrained to the slowest process. Measuring the efficiency of actual operations within a process was not pursued outside of operations management until relatively recently , when the concept of. Using tacht time, the calculation begins with the production demand over a period of time ( eg a week) . If a process takes more than about 20 seconds, then it needs to be speeded up by reorganization of the operation, or by adding more workers to the operating station.
