“Project EOQ”: A Success Story in Implementing Academic Research

Larry M. Austin
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Larry M. Austin: Texas Tech University

Interfaces, 1977, vol. 7, issue 4, 1-14

Abstract: Significant improvements in a 250,000-item, $400 million inventory system resulting from an unusual academic research project are discussed. Difficulties encountered in implementing well-known theoretical inventory models in a large “real-world” system are emphasized. Validated savings resulting from the research effort are noted.

Date: 1977
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