Book Report Assignment This assignment requires that students

Book Report Assignment

 

This assignment requires that students read the assigned book – The Critical Chain – and submit a 5-page book report online on Canvas as a MS Word document after reading and understanding the above text.  The guidelines on how to write the book report are provided below:


1. For this class, the book report must be organized around 3 major elements: Discussion, Application, and Evaluation (DAE approach). 

 

2. Write 1-1½ pages discussing the book.  Do not write a summary chapter by chapter or make lists.  Write in narrative form.  Make sure that your write up includes answers to these questions: 

 

·       What is the book about (briefly about 1 paragraph)? 

·       Describe the major themes (a couple of central ideas or gems) in the book from your perspective.  Key word here is “major” themes, not just peripheral ideas such as role of communication or importance of team work etc.  Remember this is operations management (OM) class and your gems should revolve around concepts related to OM.

·       Give rationale why you think the above identified gems/themes are important from your perspective.  (use critical thinking to add some rigor to your rationale)

 

3. Write 2-2½ pages on the application of the major ideas/themes/gems as identified in the discussion section above to your work place (any work place – past or present?  In your own words, what is the meaning or significance of these ideas as they apply to your current or any work-setting?   How does the author suggest that they be applied? 

 

4. Finally, evaluate the book (½ to 1 page) along the following lines:

 

·       How useful are the ideas?

·       How practical are the ideas? 

·       How well organized and written is the book? 

·       Would you recommend it?

                                                               

The book report must be 5 full pages, double-spaced, number 12 font with no more than one inch margins.  Your write-up should make use of headings/sub-headings as needed.  Rubric for grading book report is given below:

 

Rubric for Grading Book Report

A

A-/B+

B/B-

Exceeds Expectations

Meets Expectations

Basic Requirements

  1. Excellent writing style
     
  2. Exceptional insights, critical thinking into problems and solutions
     
  3. Demonstrates extensive research into topic
     
  4. Applies and integrates ideas from articles, books, or practitioner interviews
     
  5. Solves a real work problem or proposes a well founded solution

 

  1. Topic very relevant to current employer
     
  2. Logically organized
     
  3. Uses examples, facts or statistics to support statements
     
  4. Demonstrates a clear understanding of concepts
     
  5. Correctly applies concept to practice
  1. Selects an appropriate topic
     
  2. Correct grammar, spelling, punctuation
     
  3. Required number of pages, cover
     
  4. Turned in on time
     
  5. Correct format – 12 pt. font, double-spaced, margins = 1”



honeyd


15-09-20 | 22:59:41

DISCUSSION Major Themes in Critical Chain by Goldratt Eliyahu a. Business Constraints Organizations have to achieve many business activities within Constraints like limited finance and tight schedules. However for most ranking business managers, this is no problem. Goldratt is a smart business scholar and the inventor of the pioneer, of the theory of constraints. As presented in his generally perused novel The Goal, this hypothesis gives a convincing answer for companies fighting with creation deferrals and low incomes. In his third novel, Critical Chain, Goldratt applies the structure to dealing with the advancement of new items and different activities. Goldratt Eliyahu's book shows incredible yet Critical strategies to tackle business management\'s hardest issues, utilizing his Critical Chain Project the board idea. Composed as a novel, this book not just shows organizations and people to radically cut task improvement times bringing about early finish inside financial plan and without trading off quality or details, yet gives the structure to make a conclusive serious edge for associations. b. Scheduling This book is an anecdote about a teacher attempting to accomplish his position at a college's business college. The plot is utilized to keep up enthusiasm for the subject and give a genuine vibe to the book. It gives a lot of genuine models. The plot of the novel is fourfold: A teacher attempting to get tenured, A business college's battle to improve enlistment, Teaching Chain of thinking, Applying the Theory of Constraints to extend the board (Goldratt, 1997, pg 9-107). The objective of the book is the last point, however Goldratt clarifies that instructive frameworks must change to more readily oblige the rapidly changing universe of business. The book strolls the peruser through a progression of steps to set up the standards for the conversation. It is composed for somebody with a small amount of tasks the executive’s foundation. The book begins by calling attention to the issues with how time gauges are regularly done on ventures. It at that point gives an introduction on the Critical Chain and a case of its execution in a steel factory. With the establishment set, it continues to show how the Theory of Constraints can be applied to plan age, assets imperatives and numerous undertakings. Major theme: 1. focusing on the Business Constraints 2. Scheduling APPLICATION Focusing on the Constraints The Critical Chain discloses how to support the presentation of any cycle that includes a progression of related advances. Rather than separating the cycle and improving the proficiency of each progression, the hypothesis has supervisors center around the bottlenecks, or requirements, that shield the cycle from expanding its yield. When supervisors distinguish the bottlenecks, they enlarge them by making them more productive which regularly implies changing arrangements that may advance proficiency at different strides all the while however hamper viability at the urgent bottlenecks. In the Critical Chain, : "1'm Ruth Emerson. And I'm from marketing." "And your job there?" Levy encourages her to elaborate. "I'm a brand manager. I was on the team that planned the introduction of the A106." The other two are impressed. The A106 is the current big success (Goldratt, 1997 pg 6). Next, they have to restrict the volume of creation originating from the non-bottleneck exercises to the level the bottleneck can deal with. When the general activity is as successful as it very well may be at a given limit, business managers can build yield by putting resources into additional limit at the bottlenecks. These means should be rehashed after some time since requirements can develop at different focuses all the while. Obviously, venture the board messages have since quite a while ago advised directors to zero in on requirements. For ventures, the requirement is the Critical Chain, the arrangement of undertakings that decides the base time required for the task. Regardless of how rapidly different errands are finished, the venture can't be done any sooner except if the undertakings on the Critical Chain should be possible quicker. Yet, Goldratt adds a significant second imperative to this structure supervisors frequently neglect: scant assets required by assignments on and off the Critical Chain as well as by different tasks. On account of building up another item, for instance, a supervisor may plan the various undertakings as per the pace of the Critical Chain yet at the same time face delays in light of the fact that the PC helped configuration machine required for a few of the assignments is hindered with different positions. The Critical chain accordingly alludes to a blend of the Critical Chain and the scant assets that together establish the limitations that should be overseen. To keep the Critical chain streaming easily, the book encourages administrators to utilize wellbeing supports like the stock cradles utilized under Chain lines to ensure that bottleneck machines consistently have material to take a shot at. Since business managers can't anticipate precisely when any assignment will be finished, they have to permit additional time for undertakings that encroach legitimately on the Critical Chain. By embeddings a period support any place the noncritical Chain s feed into the Critical Chain , the undertakings on the Critical Chain will consistently have what they have to continue. For a similar explanation, administrators need to permit additional time for errands not on the Critical Chain that feed into the scant asset. (No cradles are permitted inside the Critical Chain.) Once the cushions are set up, business managers should firmly plan the exercises of the scant asset to amplify its utilization. As the undertaking continues, business managers need to screen intently the scant assets and the normal consummation seasons of assignments on the Critical Chain. Aside from cautioning directors about compelled assets, the book likewise adds a valuable control to what truly is frequently a riotous cycle. As the book depicts, most business managers will in general give little consideration to the necessities of a venture overall. Rather, they start off with a progression of broken arrangements to get the task affirmed. Undertaking directors cushion their asset prerequisites to purchase an edge of wellbeing. Simultaneously, practical offices, (for example, data administrations) downplay their asset necessities so their part of the work can come in on financial plan. At that point ranking directors cut the general prerequisites for the undertaking and move deliverable dates up in light of the fact that they accept that gauges for time and assets are expanded. Most business managers will in general give little consideration to the necessities of a venture all in all. Rather, they start off with a progression of useless arrangements. Business mangers for the most part make a task plan made out of the apparent multitude of interrelated exercises of the undertaking, one that credits obligations and assessments asset prerequisites. That undertaking plan includes a work-breakdown structure that characterizes singular errands and afterward totals them into an enormous arrangement. The arrangement is orchestrated with the goal that things on the Critical Chain can be finished so as to meet achievements. Yet, directors regularly make the arrangement related to their spending plan, and they plan it to approve some center presumptions identified with the task's financial necessities. In the Critical Chain scheduling It's their informal meeting to discuss the business school's proposed budget for next year. They both prefer to hammer out their differences in private much before the budget is formally due. Not that Christopher Page is expecting any difficulties. His proposed budget is what B.J. would expect. The same fifteen percent or so increase from year to year, no surprises. Of course, they'll have to go through the ritual; she will ask for a cut, he will resist, in the end they'll compromise. He even knows on which items. He suspects B.J. knows as well (Goldratt, 1997 pg 13). In many associations, the centrality of the arrangement itself lessens starting now and into the foreseeable future. Undertaking business managers realize that the arrangement is just warning and reminiscent of the venture's actual structure and prerequisites. They hope to deal with the real undertaking continuously, depending on just a center gathering of colleagues and a lot of assets for which they will continually need to haggle all through the task's life. As a result, plans are quite often "wrong" as in the assets utilized and the time really taken to finish undertakings once in a while relate to those extended in the first venture plan.

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