Management And Accounting Web

TOC Problems and Introduction to Linear Programming

Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida

Citation: Martin, J. R. Not dated. TOC problems and introduction to linear programming.  Management And Accounting Web. https://maaw.info/TOCProblemsIntroToLP.htm

Problem 1: TOC Company produces two products, Y and Z that are processed in four departments, A, B, C and D. Product Y requires three types of materials, M1, M2 and M4. Product Z requires two types of materials, M2 and M3. Required: Find the constraint and the product mix needed to maximize throughput. TOC Problem 1

Problem 2: Hart Furniture Company produces two products, End Tables and Sofas that are processed in five departments, Saw Lumber, Cut Fabric, Sand, Stain, and Assemble. End tables are produced from raw lumber. Sofas require lumber and fabric. Glue and thread are plentiful and represent a relatively insignificant cost that is included in operating expense. Required: Determine the optimum product mix with overlapping constraints. TOC Problem 2

Problem 3: Buffa Company produces two products, X and Y that are processed in two departments, A and B. Determine the optimum product mix with overlapping constraints. TOC Problem 3

______________________________________________

Related summaries:

Goldratt, E. M. 1990. The Haystack Syndrome: Sifting Information Out of the Data Ocean. New York: North River Press. (Summary).

Goldratt, E. M. 1990. What is this thing called Theory of Constraints. New York: North River Press. (Summary).

Goldratt, E. M. and J. Cox. 1986. The Goal: A Process of Ongoing Improvement. New York: North River Press. (Summary).

Martin, J. R. Not dated. Comparing Dupont's ROI with Goldratt's ROI. Management And Accounting Web. https://maaw.info/ComparingDupontGoldrattROI.htm

Martin, J. R. Not dated. Comparing Traditional Costing, ABC, JIT, and TOC.  Management And Accounting Web. https://maaw.info/TradABCJITTOC.htm

Martin, J. R. Not dated. Drum-Buffer-Rope System. Management And Accounting Web. https://maaw.info/DrumBufferRope.htm

Martin, J. R. Not dated. Global measurements of the theory of constraints. Management And Accounting Web. https://maaw.info/TOCMeasurements.htm

Martin, J. R. Not dated. Goldratt's dice game or match bowl experiment. Management And Accounting Web. https://maaw.info/MatchBowlExperiment.htm