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Application of specific tools of the Theory of Constraints – a case study

Author

Listed:
  • Ondrej Stopka

    (Faculty of Technology, Institute of Technology and Business in České Budějovice)

  • Vladislav Zitrický
  • Vladimír Ľupták
  • Mária Stopková

Abstract

The Theory of Constraints is a management tool for continuously improving corporate performance. In the USA, it has been very successful, above all due to the contribution of a comprehensive assessment of the issues of managerial control. Its development has also been taking place in the Czech Republic. This paper aims to present the Theory of Constraints tools and then apply some of them to a specific enterprise in logistics activities. The findings in terms of detecting and widening the bottleneck afterwards should exert a positive impact on corporate performance. Current Reality Tree, Conflict Diagram and Future Reality Tree are applied in the paper to eliminate undesirable effects that prevent the enterprise from increasing its performance. Besides providing this specific enterprise with concrete solutions to identified issues, this study aims at depicting the procedure for implementing the methods of the Theory of Constraints, including specific results and benefits of the suggested solutions, along with the quantification of their costs, savings and throughput.

Suggested Citation

  • Ondrej Stopka & Vladislav Zitrický & Vladimír Ľupták & Mária Stopková, 2023. "Application of specific tools of the Theory of Constraints – a case study," Cognitive Sustainability, Cognitive Sustainability Ltd., vol. 2(1), pages 18-29, March.
    • Handle: RePEc:bcy:issued:cognitivesustainability:v:2:y:2023:i:1:p:18-29
    DOI: 10.55343/CogSust.48
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    Cited by:

    1. Norina Szander & Ola Qasseer & Peter Bajor, 2023. "Methods And Techniques To Involve Freight Actors In The R&D Process Towards Digitalised Intermodal Cooperation," Business Logistics in Modern Management, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 23, pages 469-479.

    More about this item

    Keywords

    Theory of Constraints; Current Reality Tree; Future Reality Tree; Conflict Diagram; Undesirable effects; Desirable effects;
    All these keywords.

    JEL classification:

    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory

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