Valuation, depreciation and the rate base

Bibliographic data

Monograph

Identifikator:: 174667931X

URN:: urn:nbn:de:zbw-retromon-119897

Document type:: Monograph

Author:: Grunsky, Carl Ewald http://d-nb.info/gnd/10180959X

Title:: Valuation, depreciation and the rate base

Edition:: 2. ed., revised and extended

Place of publication:: New York

Publisher:: Wiley

Year of publication:: 1927

Scope:: X, 500 Seiten

Digitisation:: 2021

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XI. The value of a water-right and of reservoir and watershed lands

Collection:: Economics Books

MORE PROFITS FOR PRODUCERS 187 total profits, and thus bind him still more firmly to the manufacturer responsible for this improvement. Each manufacturer helping his dealers to work out a successful version of a model stock plan would be able to standardize his production by having in his factory fewer straggling, poor-selling items and concentrating on the big sellers, because they are what retail customers want and, therefore, what retailers should provide for their customers. It was all very sound, simple reasoning, and it has worked out as planned. The different industries in which these limited plans are being used indicate how widely applicable are the Model Stock Plan principles to varying classes of merchandise. Without further introduction, then, let us examine a number of these plans as they have been worked out in actual experience. Cast 1. Brown DurreLL COMPANY, SILK HOSIERY MANUFACTURERS In 1929 the Brown Durrell Company, making Gordon Hosiery, modified and improved its lines of stockings on the hasis of figures, obtained from life insurance companies, showing leg measurements of over 140,000 women. In general, silk stockings had previously been classed only by foot sizes. Now Brown Durrell Company, on the basis of these statistics, manufactures silk stockings in four leg sizes.? The statistics show that 55 per cent of leg sizes are average, that is, they were taken care of by stockings as formerly manufactured; but the other 45 per cent were only partially provided for by the outsizes previously manufactured. This 45 per cent divides into 17 per cent small, which had been partially taken care of by misses sizes; 23 per cent tall, which had been partially taken care of by extra longs, “Long- fellows”; and 5 per cent of the heavy, husky type. 1Ip Chap. XVI, p. 233, we shall see how the Model Stock Plan provides for greater specialization within the store and, consequently, increased atten- tion to the profit possibilities of this more intensive cultivation of service to customers whose requirements are * different’ not only in respect to outsizes but also to such items as maternity wear, infants’ first walking shoes, and so on. Brown Durrell Company’s plan thus coincides exactly with the Model Stock Plan in this respect.

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