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Narrowed river symbolizing manufacturing bottlenecks, emphasizing delays and higher costs

Understanding Bottlenecks in Production: Types, Impact, and Solutions

April 26, 2024 FinanceFacts101 Business Strategy

What is a Bottleneck? A bottleneck refers to a point of congestion or restriction that impedes the normal flow of production and causes delays or higher costs. This concept originated from manufacturing processes, such as an assembly line, where a bottleneck can halt the entire process if not addressed promptly.

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