After reading the "Process Triangle"r:

1. Then, give one real life example that you can observe of the process triangle taking place. Describe it.

2. Using the same example as above, what would be two strategic dimensions in which your chosen example compete in? Where is this company located in the "efficiency frontier" of its market?

Additional tips:

capacity utilization variability inventory Fig. 1. Process management triangle. 1022 R.D. Klassen, L.J. Menor/Journal of Operations Management 25 (2007) 10151034 Shovel / truck team Shovel / truck team2 Dumping line Crusher I Storage silos Drill & blast Concentrator Shovel / truck team3 Dumping line2 Crusher2 Shovel / truck team 4 Capacities: 46,080 m/day 121,970 m/day 74,610 m/day 10,500 m/day 42,240 m/day Notes: All values are approximate. For the simulation, blasting was limited to 90%, 95% and 98% utilization of the bottleneck operation (i.e., the concentrator). Those operations with variability (either predictable or random) are noted with dashed lines. Fig. 2. Simplified process flow diagram for Iron Ore Company of Ontario. capacity utilization variability inventory Fig. 1. Process management triangle. 1022 R.D. Klassen, L.J. Menor/Journal of Operations Management 25 (2007) 10151034 Shovel / truck team Shovel / truck team2 Dumping line Crusher I Storage silos Drill & blast Concentrator Shovel / truck team3 Dumping line2 Crusher2 Shovel / truck team 4 Capacities: 46,080 m/day 121,970 m/day 74,610 m/day 10,500 m/day 42,240 m/day Notes: All values are approximate. For the simulation, blasting was limited to 90%, 95% and 98% utilization of the bottleneck operation (i.e., the concentrator). Those operations with variability (either predictable or random) are noted with dashed lines. Fig. 2. Simplified process flow diagram for Iron Ore Company of Ontario