Running Head: THEORY OF CONSTRAINTSTheory of ConstraintsNameInstitution AffiliationCourseDate1THEORY OF CONSTRAINTS2Theory of ConstraintsThe theory of constraints is a theory developed by Dr. Eli Goldratt in his attempt toexplain why processes do not account to 100% efficiency and effectiveness. The theory suggeststhat there are factors that limit the process from obtaining a 100% output and that every systemcontains one of the limiting factors. The theory argues that if there were no such factors inexistence then the systems would be producing their output up to infinity, a case which is notlogical and impossible in real life situations (Newbold, 2015). Therefore, the theory focuses onidentifying the highest limiting factor that makes the goals to be unachievable and then eliminatethe factor through systematically improving the constraint to a level that it is no longer aconstraint. The theory of constraints is based on three main principles that are convergence,consistency, and respect. Whereby, convergence affects the whole system if corrections are done.Inconsistency, it indicates that internal conflict must be as a result of ones flawed assumption. ...
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