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Experiences in Efficiency

Experiences in Efficiency


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About the Book

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated.1918 Excerpt: ... Chapter IX BUILDING A COST SYSTEM lHAT executive would be a bold one (and perhaps some might use another adjective) who would today deny to his plant an advantage in the possession of a cost system. Not that this statement is to be construed to mean that every manufacturing plant has a right and effective cost system, nor that there is any agreement as to how far it is necessary and valuable to carry a cost system. It is indeed the common complaint of those executives who have had modern cost systems installed that most of their competitors appear to be without any, and in a measure they are very close to the truth. Most plants, however, have some method of figuring their costs, although the occasional boast one hears that a certain plant's system is "all its own" has a Gilbertian flavor. And it may further be taken for true that most plants have cost systems that may be termed "occasional" or "approximate," not continuous and complete; for that plant which has developed the cost system to its farthest value is even today still somewhat rare. Indeed, it takes some courage of expenditure and constant patience to develop a thorough system, and the remark of one manager, in explaining his lack, that you "can't make a bookkeeper out of a dago," is both a criterion of the labor market in some localities, and of one of the difficulties of the case, though by no means insuperable. Now no long arguments are to be advanced here as to the value of the cost system in every business. No intelligent manager is going to deny the value to him of a knowledge of the facts of his business, if he is satisfied that they are facts, even if he does not possess them. The burning question is how far to carry the cost system in its completeness. It is, however, true that the comple...


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Product Details
  • ISBN-13: 9781151720504
  • Publisher: General Books
  • Publisher Imprint: General Books
  • Height: 246 mm
  • No of Pages: 32
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 115172050X
  • Publisher Date: 08 Feb 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 77 gr


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