Key Underlying Theories Literature Review

PAGES
3
WORDS
1049
Cite

Operations Management There are a number of words that can best describe (and are currently being used) how operations management is causing a renaissance in the business community. Words such as flexibility, agility and responsiveness have found their way into the business jargon commonly used throughout the new global business environment. The reason behind the use of such lexicons seems to be to make it simpler for management to explain what it is they are striving to achieve; this holds true in almost all types of business operations including IT, mining and manufacturing. The literature concerning operations management is replete with the use of such terms and oftentimes the words are used in conjunction with one another or in the place of other less attention grabbing language.

One recent study is a prime example when it states that the "evaluation of flexibility in a manufacturing system development in operations management is important to determine the competitiveness of manufacturing systems" (Shian-Jong, 2007, p. 409). The question that remains, however, is how does flexibility get measured in the first place? It is interesting to note that flexibility is sought in a number of different areas, but that determining what operations are flexible and what operations are not flexible could be much more difficult than what the evaluation can reveal in the long run anyway. Flexibility is even used to describe mining operations; as in a recent study that was conducted in order to determine what the increased expected value of mining operations were that are attributable to intelligent management responses to changing operating conditions and market prices (Cardin,...

...

65). What the study was really looking to determine was the "option value of flexibility in the exploitation of deposits" (p. 65).
In addition to the flexibility sought by many operation managers, agility is sought almost as widely. Current literature often uses both words to mean the same thing. An example could include the article that states "streamlining has a very big payback in boosting productivity and agility" (Buckingham, 2009, p. 43). So, research can now focus on streamlining a business because that is what will make it more agile? That's an interesting concept. Buckingham continues in the same article to state that the increased productivity and agility will result in the ability for the company to "grow organically and inorganically without a significant increase in our IT costs" (p. 43). Theoretically then, agility and flexibility are so similar, they could be interchanged without really batting an eye. Another study confirms this point when it found that "the agile manufacturing paradigm has emerged as an important concept in the development of manufacturing systems" (Ming-Shan, Lu-Kuo, 2010, p. 1107). Determining what is agile, or in the case of the Ming-Shan et al. study; an agile paradigm that helps in developing manufacturing systems that does not really explain how it is agile. The study does show that agility is based on "reusability, maintainability and modularity" (p. 1108). The study concludes that with these characteristics "the agility of manufacturing systems can be achieved" (p. 1108).

It would seem therefore, that both flexibility and agility are used throughout current literature and…

Sources Used in Documents:

References

Buckingham, L.; (2009) Priority list, EWeek, Vol. 26, Issue 14, p. 43

Cardin, M.A.; de Neufville, R.; Kazakidis, V.; (2008) Process to improve expected value of mining operations, Mining Technology: Transactions of the Institute of Mining and Metallurgy, Section A, Vol. 117, Issue 2, pp. 65 -- 70

De Koster, R.; (2003) Distribution strategies for online retailers, IEEE Transactions on Engineering Management, Vol. 50, Issue 4, pp. 448-457

Gong, Y. & De Koster, R.; (2008) A polling-based dynamic order picking system for online retailers, IIE Transactions, Vol. 40, Issue 11, pp. 1070-1082


Cite this Document:

"Key Underlying Theories" (2012, April 07) Retrieved April 27, 2024, from
https://www.paperdue.com/essay/key-underlying-theories-113080

"Key Underlying Theories" 07 April 2012. Web.27 April. 2024. <
https://www.paperdue.com/essay/key-underlying-theories-113080>

"Key Underlying Theories", 07 April 2012, Accessed.27 April. 2024,
https://www.paperdue.com/essay/key-underlying-theories-113080

Related Documents

Personality Theories in Psychology To the layperson, the term personality is a generic descriptor for an individual's traits. However, personality has a more specific meaning to psychologists. According to Dan McAdams, "Personality psychology is the scientific study of the whole person" (McAdams, 2006, p.12, para.1). While different psychologists and their theories have become well-known enough to be referenced in casual conversation, there is still some confusion among laypeople about personality

" (Teasdale, 1995, pg. 25) These elements are important, because they are showing how this form of treatment can be effective in dealing with patients that are recovering. The problem is, making sure that there is: consistent follow up and dealing with some of the changing the thoughts they will experience over the long-term. (Teasdale, 1995, pp. 25 -- 39) As a result, this approach is effective at dealing with

Theory X and Theory Y When working with people, regardless of the organization, one must be cognizant of the way individuals are motivated. Motivation, in fact, is one of the basic driving forces that allow individuals to work, change, and even actualize their internal and external goals. Much of the background on motivation is based on the work of Maslow, not only surrounding human needs, but the manner in which those

EDSE 600: History and Philosophy of Education / / 3.0 credits The class entitled, History and Philosophy of Education, focused on the origin of education and the "philosophical influences of modern educational theory and practice. Study of: philosophical developments in the Renaissance, Reformation, and revolutionary periods; social, cultural and ideological forces which have shaped educational policies in the United States; current debates on meeting the wide range of educational and social-emotional

While that line of thinking is seductive, because it suggests an easy solution for complex problems, like racism; West believes that the real solutions will require people to question their own fundamental assumptions about power and its relationship to racism. Specifically, West talks about how racism is inherently linked to classification, and, in fact, that "the genealogy of racism in the modern West is inseparable from the appearance of

Heat of the Night Theories on Prejudice and Discrimination The first thought on prejudice and discrimination in this movie naturally falls to the race of Virgil Tibbs (i.e., Sidney Poitier) but this movie delves in much more subtle comparisons and stereotypical prejudices than mere skin color. A film in the late 1960's did not headline a black actor. Significant is the fact that Tibbs is allowed to be smart, clever, empathetic, superior,