About this Presentation
This presentation is a case study of Daewoo Shipbuilding & Marine Engineering (Korea). It describes a decision-supporting methodology and system based on theory of constraints for making an optimal product strategy in the shipbuilding industry. Examples are presented to show that the proposed methodology and system can effectively support the strategic decision-making process of a global shipbuilding company.
What Will You Learn
To help you get the most value from this session, we’ve highlighted a few key points. These takeaways capture the main ideas and practical insights from the presentation, making it easier for you to review, reflect, and apply what you’ve learned.
The Theory of Constraints (TOC) can be effectively applied to the shipbuilding industry, helping to identify and overcome constraints in the production process.
A decision support system can aid in strategic decision making, particularly in determining the optimal product portfolio strategy.
Throughput accounting, which considers direct material cost, outsourcing cost, and direct overhead cost, can be used to evaluate the profit advantage of each product portfolio case.
Instructor(s)
