Concept of a productivity boundary and operating efficiency, Operation Management

1. Porter (1996) attempts to resolve the issue of Skinner's quandary with trade-offs by introducing the concept of a productivity boundary and operating efficiencies. Explain where Porter suggests trade-offs still exist and where a simultaneous movement on multiple criteria will apply.

Answer: Porter suggests that the experiences of a firm are determined by its relative position to the productivity frontier shown in the figure on page 61. Porter makes two other observations regarding the productivity frontier. He argues that as companies approach the frontier they are more liable to experience trade-offs and on the frontier only trade-offs. He also contends that the frontier is a moving target which is shifted outwards by new innovations and management approaches.

Posted Date: 3/18/2013 5:43:40 AM | Location : United States







Related Discussions:- Concept of a productivity boundary and operating efficiency, Assignment Help, Ask Question on Concept of a productivity boundary and operating efficiency, Get Answer, Expert's Help, Concept of a productivity boundary and operating efficiency Discussions

Write discussion on Concept of a productivity boundary and operating efficiency
Your posts are moderated
Related Questions
Discuss the five (5) major components of information management / information technology (IM / IT) governance with a focus on how they will collectively improve the quality of heal

What are the features of dynamic purchasing? How it''s affects the store keeping and warehousing?

Imagine that you are a senior manager for one of the following companies: • Apple • Burger King • Nike • General Mills Create a market entry strategy along with a st

Process Technology Life Cycle Process technologies have life cycles related to product life cycles as shown in figure below. Over time unit manufacturing costs diminish for ma

Locational Break - even analysis In comparing several  potential location on  an economic  basis,( i., e, tangible factor)  the only  revenues  and costs  that need  to be con

Select one chronic disease such as diabetes or heart disease. Assume that you are working for a county public health department with staff nurses and physicians. You want to run a

An individual has $25,000 invested in a stock with a beta of 0.8 and another $40,000 invested in a stock with a beta of 2.0. If these are the only two investments in her portfolio,

Is the globalization of health care good or bad for patients? Who might benefit from the globalization of health care? Who might lose?

Security - Customer Satisfaction and Service Quality Is the freedom from danger, risk or doubt. It involves: 1. Physical safety (will I get mugged at the automatic teller

Twenty samples of subgroup size 3 (n=3) were collected for a variable measurement. Determine the upper control limit (UCL) for an R-chart if the mean of the sample ranges equals