Session 10 Theory of Constraints Eos BSHiies dae Elle aires Cel iga a Basics of SAS Tea Management Scan el ORIEL Participant Workbook © 2014 APICS Confidential APICSBasics of Supply Chain Management Basics of Supply Chain Management GED CEEEM Ch RIA CEL ie Bacay 40+2 exncstontana os Pops ARICS Participant Workbook Version 4.2 102 ©2014 APICSSession 10: Theory of Constraints Session 10: Theory of Constraints Purpose This session provides a basic understanding of the theory of constraints (TOC), a management philosophy and set of practices based on the principle that all systems, no matter how complex, are limited in their ability to generate more output or results at a given time by a small number of variables—and perhaps only one—known as constraints. In this session, we will review the basic practice and principles of this widely used approach to improving productivity and financial results, © 2044 APICS 10s Participant Workbook Version 4.2