Theory of Constraints

Goldratt, E. M. (1990). Theory of Constraints. North River Press.

Type

Book

Intellectual base

Review or monograph

Year

1990

Link

https://northriverpress.com/the-theory-of-constraints/

Cited from

futurism_foresight, logistics_supply_chain

Cited by

2 citations across 2 artifacts.

Primes

• Backcasting
  • The methodology proved more useful than forecasting because energy transitions involve long lead times (power plants built today will operate for 30+ years), irreversible infrastructure investments, and path-dependent lock-in effects—structural constraints whose binding character Goldratt (1990) generalized in his Theory of Constraints.
• Bottleneck
  • The concept was first systematized for production systems by Goldratt's Theory of Constraints, which holds that every chain of dependent operations has exactly one weakest link governing total output, and that this link is the only place where local improvement is also global improvement.

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