Inventory control is an industrial problem of importance. Inventory represents an investment of resources and hence a cost to the business. It also provides an enabler for production and thus is an advantage. Controling inventory is the process of finding a good balance between the cost and advantages of inventory. However, determining the proper balance is only part of the problem. Actually achieving the desired balance presents many problems.
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|1978||Milliken & Co. Fashion Fabrics||Define how to enter the dress business.|
|1978||Milliken & Co. polyester yarn||Schedule polyester yarn texturizing optimally.|
|1978||Milliken & Co. weaving||Schedule looms optimally.|
|1978||Milliken Industrial Fabrics||Create an experimental design for investigating a manufacturing process.|
|1979||Milliken & Co. Carpets||Develop just-in-time scheduling for inventory control.|
|1980||Milliken & Co. Carpets||Build custom MRP systems.|
|1992||Federal Bureau of Investigation (FBI)||Make recommendations on the FBI case backlog.|
|1994||US Coast Guard||Conduct OPA 90 analyses.|
|2000||Y-12 Plant||Recommend a choice in the SDOR-HF process.|
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Solving Complex Operational and Organizational Problems
Dr. Dean S. Hartley III, Principal