An Application of Goal Programming at Lord Corporation

Published Online:https://doi.org/10.1287/inte.9.4.129

In this paper we report an application of a goal programming model at Lord Corporation. The model was developed and used at Lord to assist top management in the problem of allocating funds to competing research and development projects. Ten goals were established, and 25 projects considered. We describe those goals, the program results, and management's involvement in model construction and use.

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