Asked by ayshan tarzelo on Jun 26, 2024
Verified
A bottleneck begins when demand for the company's product exceeds the ability to produce the product.
Bottleneck
A stage in a process that reduces the efficiency of the overall system due to limited capacity or resource.
Demand
An economic principle referring to a consumer's desire and willingness to pay a price for a specific good or service.
- Acquire knowledge on the theory of constraints and understand its importance within the context of manufacturing strategy.
Verified Answer
MB
Moniza BorgesJun 28, 2024
Final Answer :
True
Explanation :
A bottleneck occurs when the production capacity or capability of a company is not able to keep up with the demand for its product, leading to delays and a potential decrease in revenue.
Learning Objectives
- Acquire knowledge on the theory of constraints and understand its importance within the context of manufacturing strategy.
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