University College London Business Paper

Before working on the assignment, you are expected to have read Chapter 14 of the book The Goal, by Goldratt and Cox.

I uploaded the pdf which shows the details of coursework and readings .

Submission consists of two files: a MS Excel spreadsheet with the results of your simulation; and a MS Word file with your 1200-1500 words report.

Requirements:

The Theory of Constraints, introduced and popularised by the book The Goal. A Process of Ongoing Improvement. by Eliyahu Goldratt and Jeff Cox, is a body of knowledge that deals with all the obstacles that limit or constraint the organisation’s ability to achieve its goals.

In this work you will use a spreadsheet to conduct a simulation that replicates the experiment ran in Chapter 14 of the book by a group of boy scouts. This work will be explained and partially developed during tutorial sessions 2 and 3 (weeks 27 [5] and 29 [7], and 28 [6] and 30 [8], depending on your

tutorial group) and must be finished and submitted as an individual work by the end of Week 34 (Friday 29nd of April 2022).
The submission consists of the MS Excel file containing the simulation exercises, and a 1200-1500 words essay answering the questions indicated in the

statement of the problem.
The essay should also include:

A short description of the experiment within the context of the book chapter.

A thorough reflection about the impact of bottlenecks on a company’s processes. You should show that you clearly understand what a bottleneck is in an industrial or service process, and how can a manager avoid and/or correct them. Your reflection should link what you observed in the simulation experiment with real life situations in industrial and service settings.

The report must include some graphic support.
Further details of the exercise are provided in the document associated to this specification form.