Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

How does the theory of constraints (TOC) contribute to operations management strategies, particularly in optimizing production processes and identifying bottlenecks? Discuss the key principles of TOC and its applications in improving operational efficiency and throughput in manufacturing and service industries.