An Application of Goal Programming at Lord Corporation

Anthony A. Salvia and William R. Ludwig
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Anthony A. Salvia: Pennsylvania State University, The Behrend College, Station Road, Erie, Pennsylvania 16563
William R. Ludwig: Lord Corporation, 2000 West Grandview Blvd., Erie, Pennsylvania 16509

Interfaces, 1979, vol. 9, issue 4, 129-133

Abstract: 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.

Keywords: decision; analysis:; criteria:; applications (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:inm:orinte:v:9:y:1979:i:4:p:129-133

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