On the Value of Input Efficiency, Capacity Efficiency, and the Flexibility to Rebalance Them


A common characteristic of basic material manufacturers (which account for 85% of all industrial energy use) and of cleantech manufacturers is that they are price-takers in their input and output markets. Variability in those prices has implications for how much a manufacturer should invest in three fundamental types of process improvement. Input price… (More)
DOI: 10.1287/msom.2013.0444