Model: resource efficiency

August 21st, 2022

What is resource efficiency

a measurement of how much a resource is utilized in relation to a specific time period



resource: MRI scanner

Time resources is utilized: 6 hours

Time period: 24 hours

Resource efficiency 6h / 24h = 25%


Why care about resource efficiency?

Opportunity cost

the loss made by not utilizing resources to the fullest


we could have used the money spent on that resource on something else



Model: value transfer - resource vs flow efficiency


(src: Book: This is LEAN - Niklas Modig & Par Ahlstrom)