Theory of Constraints | Faculty of Technical Sciences

Subject: Theory of Constraints (17.IM2316)

Native organizations units: Chair of Production Systems, Organization and Management

Type of studies	Title
Master Academic Studies	Industrial Engineering (Year: 1, Semester: Winter)

General information:

Category	Professional-applicative
Scientific or art field	Proizvodni i uslužni sistemi, organizacija i menadžment
ECTS	4

The objectives of Theory of Constraints include: (1) further development of students knowledge in the field of organization and management of business systems; (2) acquiring systematic knowledge in the field of theory of constraints; (3) expanding the acquired knowledge of students for managing production systems using a project-oriented approach, with a focus on balanced and synchronized use of constrained resources; (4) studying of management techniques based on the principles of theory of constraints; (5) methodological and practical training of students to recognize constraints in the system and to apply principles of theory of constraints in solving problems.

After completing this course, student is able to: (1) define the basic concepts of the theory of constraints; (2) identify the constraints within industrial systems and engineering projects; (3) make distinction between different areas of application of the theory of constraints; (4) explain necessary steps in the process of implementing the theory of constraints; (5) recognize the potential sources of system constraints; (6) apply different methods to overcome the problems caused by the constraint of the system.

Introduction to the Theory of constraints. Basic concepts of the Theory of constraints. Identification of constraints in the system. Internal and external constraints. Throughput accounting. Drum-Buffer-Rope principle. Thinking processes. TOC rule. Differences between TOC rule and linear programming. Synchronization and optimization of the system. Statistical fluctuation and dependent events. Parkinsons law, student syndrome and multitasking. Critical Chain Project Management. Differences and benefits of a critical path and a critical chain. Theory of constraints in operations management. Theory of constraints in logistics and supply chain management.

Lectures and auditory exercises. Examination will be carried out through term paper and final exam.

Authors	Title	Year	Publisher	Language
Cox,J.F., SchleierJ.G.	Theory of Constraints Handbook	2010	McGraw-Hill	English
Peter W. G. Moris, Jeffrey K. Pinto	The Willey Guide to Managing Projects	2007	Willey	English
Goldratt, M.	Project Management the TOC way	1998	Goldratt Institute Limited	English