What factors most determine the success or failure of the Midwestern Steel Division? In particular, how important is cost control?

Case Study #1
Write a 1-page executive summary of only one of the following cases (please pick the one that you enjoy the most or that you have the most experience with in terms of topic, industry, and geography) and then answer the following case-related questions with at least 2 more pages. Please submit a .doc .docx or .rtf file. Armco, Inc.
1. What factors most determine the success or failure of the Midwestern Steel Division?
In particular, how important is cost control?
2. How were managers controlling performance with the old system? What were the strengths and weaknesses of the old system?
3. What were the key features of the new system and what improvements did it promise?
4. What are the weaknesses of the new system?

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