Factory and Industrial Management Volume 56, No. 1

Factory and Industrial Management Volume 56, No. 1

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1918 edition. Excerpt: ... the cost of production beyond the practical standard cost within the attainment of the manufacturing equipment and the workers? Or, putting it the other way around, the public has a right to purchase commodities whose manufacturing cost has not been increased by a burden of inefficiency and waste. These rights are plainly declared in the five principles presented in the testimony of Mr. C. E. Knoeppel, before the Federal Trade Commission, see page 8. This principle is right. This principle must be applied in American business. And the very foundations of our business and manu t facturing structure will be shaken once this principle is applied. Inefficiency, mismanagement, idleness and waste must go never to return. They must go at once to enable this great nation to exert its power in winning the war; they must be eliminated forever to permit the unhampered development of our economic life during the forthcoming years of peace. But the intent of this principle is inexorable. Either the manufacturer will produce his commodities within the standard cost for those articles, or else he must go out of business or turn the management of his plant over to others. No other alternatives can be considered. This is strong doctrine for strong men. Why More Ship ways? IRECTOR GENERAL SCHWAB of the Emergency Fleet Corporation has recently stated that we must build more shipways in order to produce the great floating bridge between this country and Europe. He has stated also that by October of this year two 10,000-ton ships will be launched every day. From a speech made in South Bend, Indiana, on June 10, Chairman Hurley of the Shipping Board stated that the merchant shipping output this year would exceed 3,000,000 dead weight tons, and that our new...show more

Product details

  • Paperback | 122 pages
  • 189 x 246 x 7mm | 231g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236832744
  • 9781236832740