Perspectives on Operations Strategy and Economics
Posted: 22 Oct 1997
Date Written: July 1996
Abstract
Economics provides a foundation for scientists and managers to understand business strategy. This paper shows how economics can aid teaching of operations strategy. A definition of operations strategy is offered along with some examples of operations papers that use economic ideas to illuminate strategy. I present detailed descriptions of several strategic topics that I teach to MBAs. Examples include: the interaction of plant location and pricing policy, designing service networks, capital budgeting for major operations investments, operations organization, and time based competition.
JEL Classification: A23
Suggested Citation: Suggested Citation
Phillip J. Lederer (Contact Author)
University of Rochester - Simon Business School ( email )
Carol Simon Hall 3-306B
Rochester, NY 14627
United States
585-275-3368 (Phone)
585-273-1140 (Fax)