Article ID: | iaor1994892 |
Country: | United States |
Volume: | 34 |
Issue: | 3 |
Start Page Number: | 51 |
End Page Number: | 57 |
Publication Date: | Jul 1993 |
Journal: | Production and Inventory Management Journal |
Authors: | Plenert Gerhard, Lee Terry Nels |
Keywords: | theory of constraints |
R.E. Fox offered a procedure for the theory of constraints (TOC) calculation. This article is a demonstration that this procedure is inefficient when making new product introduction decisions. The Fox model is based on a point-in-time evaluation. Linear-integer programming is a much better planning tool and comes closer to achieving the TOC goal of maximizing throughput.