Concept of a productivity boundary and operating efficiency, Operation Management

Assignment Help:

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.


Related Discussions:- Concept of a productivity boundary and operating efficiency

Define what is the sample value of the test statistic, 1. The average laten...

1. The average lateness for one of the top airline companies is 10 minutes. The Standard Deviation of the lateness measure is calculated as 3. An airplane arrived 8.5 minutes after

Advantages of process layout, Advantages of Process Layout Lower C...

Advantages of Process Layout Lower Capital Investment : Less capital is needed for this layout because production apparatus is applied to maximum capacity with minimum dup

Describe tech theme for smartphones, Explain tech theme for smartphones. Gi...

Explain tech theme for smartphones. Give some examples

Describe under what conditions purchase the new equipment, Assume that you ...

Assume that you are offered a new piece of equipment for $10,000. The equipment will produce 10,000 units per year with a margin of $6.00 per unit. Demand for the product being pro

Explain collective bargaining process is seniority, One of the most importa...

One of the most important issues discussed in the collective bargaining process is seniority. It is one of those components of the workplace that seems to impact every worker, whet

Explain what are the functions of a manager, What are the functions of a ma...

What are the functions of a manager? If you had to pick one as being the most important function, which would it be and why?

Explain security measures for the wireless classes, Imagine you are the Pre...

Imagine you are the President or Dean of a new school. This school is going to be completely mobile and wireless class for the future. Describe and design your school, taking into

Calculate the path mean and network diagram, For the following data: ...

For the following data:   Time (in Days)   Activity Immediate Predecessor Optimistic Most Likely

Explain labour practices requirements, From the legal perspective, what cha...

From the legal perspective, what challenges May supervisors face in filling the positions? How might they unintentionally run short of regulatory hiring and labour practices requir

Explain evaluation or rewards systems a source of conflict, How are differe...

How are different evaluation or rewards systems a source of conflict?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd