edu * A previous version of this paper was titled, “ABC at Insteel Industries”. We would like to thank the Insteel Industries management for generously providing us with their time and complete access, and Dave Conrad for the data. We also thank Stan Abraham, Sarah Eriksen, and Gregg Friedman of the Harvard Business School for their research assistance, the Seminar Participants at the April 1999 NBER conference on Organizational Change and Performance Improvement, Santa Rosa, California, and…
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