Well it's pretty simple actually.
I'll explain it anyway, though:
There are, generically speaking, two kinds of cuts in the world - the push cut and the slice
-the push cut is simply taking your knife and pushing it against something with no moving the blade forward and back along the medium, examples of push cuts include opening letters and cutting other paper-products. In a push cut, size doesn't matter - plain and simple, since there is no vertical movement of the blade no slicing action takes place - but more on that in a minute.
-the slice involves taking your knife against the medium and moving it vertically (either back or forward or both). When you do this it allows the microserrations on your plain edged knife to do their proper job of slicing up the medium - the concept is better illustrated with a fully serrated knife - it's not a very effective push cutter, but drag it along the medium you intend to cut and it'll go like a hot blade through butter. Now realize that in a very basic sense, a plainedged knife is just a fully serrated knife with REALLY small serrations (the microserrations I referred to previously).
Ok, anyway i'm getting off track - the bottom line is the bigger your blade, the more you can get cut in one slicing stroke before having to reposition your blade or start slicing the other direction, so for example if you were cutting a rope - you might be able to cut it with one deliberate stroke from your 5" blade whereas with a 3" blade you'd have to "saw" on it a bit, which would take longer.
Hope this helps...