A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottle neck operations is

A. theory of contribution

B. theory of constraints

C. theory of conflicts

D. theory of maximization

Answer: Option B

Solution(By Examveda Team)

A theory which describes techniques of operating income maximization, facing with non-bottleneck and bottle neck operations is theory of constraints. The Theory of Constraints is a methodology for identifying the most important limiting factor (i.e. constraint) that stands in the way of achieving a goal and then systematically improving that constraint until it is no longer the limiting factor.