Abstract
Having successfully acquired a patented aluminum extrusion for making aluminum window frames with greater structural strength, a nationwide company established a new plant complete with factory, production, engineering, fabricating, marketing, and distribution staff, and commenced an extensive advertising campaign.
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Notes
- 1.
Work study involved looking at the method of construction as well as the timing of each activity involved.
- 2.
Or eight kilometers.
- 3.
Best known as target average rate index, or TARI, to emphasize its benchmark status.
- 4.
Failure to seamlessly relate the fabricator’s $20 hourly wage to the gross profit contribution per hour remains a blind spot at the heart of current commercial information systems to this day.
- 5.
In Chapter 4, the financial implications of failure to grasp the connection between wage and contribution for the same production-hour is driven home to the CEO.
- 6.
$100 ÷ 3 = $33.33.
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© 2013 Keith N. Cleland
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Cleland, K.N. (2013). Window Manufacturer’s Flawed Foundation. In: IMPROVING PROFIT. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4302-6308-1_19
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DOI: https://doi.org/10.1007/978-1-4302-6308-1_19
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