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the goal
Radwa Khan
Created on July 8, 2023
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Transcript
the goal
: A Process of Ongoing Improvement
Kunal Katariya Nipul sagar Manash jangid
group-4
INTRODUCTION
"The Goal: Third Revised Edition" by Eliyahu M. Goldratt and Jeff Cox is a highly influential business management novel that introduces the Theory of Constraints. Through the story of plant manager Alex Rogo, the book provides practical insights into improving productivity and efficiency in organizations.
the goal chapter 16
key points
- Alex Rogo returns home with his son, exhausted from the trip but otherwise happy.
- However, he soon finds Julie has gone "away for a while ... to think things over," leaving Sharon with his mother. He picks Sharon up from her grandmother's house and does his best to explain the situation to both children.
- Later, he calls Julie's parents in an attempt to find out where she has gone. They claim to be surprised by her departure, which Julie's mother blames on Rogo.
the goal chapter 17
key points
- The goal of this chapter is to answer a basic question , will a given reaction occur “by itself” at a particular temperature and pressure, without the exertion of any outside food ?
- We start at Rogos home then move to the plant.
- subassembly needed by Smyth requires attention.
the goal chapter 18
key points
- Balancing flow: Jonah advises focusing on balancing flow instead of just increasing capacity, aligning product flow with market demand.
- Bottleneck identification: The team identifies two bottlenecks in the plant’s production - the heat-treatment station and the NCX-10 machine.
- Addressing bottlenecks: Rogo and the team strategize ways to improve material flow through the bottlenecks within the constraints of the fixed order of operations in a factory.
quotes
"The goal of a manufacturing organization is to make money." - This quote reminds us that the ultimate objective of any business is to generate profit and emphasizes the importance of aligning actions with this goal.
"The more inventory a company has, the less likely they will have what they need." - This quote underscores the negative impact of excess inventory on operational efficiency and the need for effective inventory management.
"A bottleneck is any resource whose capacity is equal to or less than the demand placed upon it." - This quote provides a concise definition of a bottleneck and highlights its significance in determining system throughput.
Thankyou