(2025-7942-1-PB)OVERALL RESOURCE EFFECTIVENESS (ORE) INDICES FOR TOTAL RESOURCE MANAGEMENT AND CASE STUDIES

摘要

High-tech industries are capital-intensive, in which capital effectiveness and productivity are critical for maintainingcompetitive advantages. Most of the existing studies focused on demand forecast, capacity planning, order allocation, andcapacity management to enhance capital effectiveness. Few approaches are developed to address productivity and resourcemanagement, while one of the critical roles for industrial engineers is to enhance productivity and resource utilizationeffectiveness in practice. This study aims to propose a set of novel indices for Overall Resource Effectiveness (ORE) anddrive various improvement directions for total resource management. A number of case studies are reviewed forillustration, while the proposed methodology is extended to medical instruments for cross validation. The results haveshown practical viability of the proposed ORE to drive collaborative efforts to enhance total productivity and overallresource effectiveness. This paper concludes with discussions on value propositions of proposed ORE indices and futureresearch directions.