The stock market crash - and after

Bibliographic data

Monograph

Identifikator:: 1815583320

URN:: urn:nbn:de:zbw-retromon-204544

Document type:: Monograph

Author:: Fisher, Irving http://d-nb.info/gnd/118533541

Title:: The stock market crash - and after

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1930

Scope:: XXVI, 286 S.; graph. Darst

Digitisation:: 2022

Collection:: Economics Books

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

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter IX. Industrial Management

Collection:: Economics Books

Eo 1 Va Industrial Management 7, Z market and found that it could not cc szuously £ absorb the product of all these doubling waghines. 2 Accordingly, twenty per cent of the machi te dismantled, and those which remained took caré€ normal requirements except in occasional peaks of demand, when a second shift was run. The space released by taking out the doubling machines was used for additional spinning frames for which prof- itable orders were secured; and costs were reduced because it was no longer necessary to spread over their product the expense of maintaining the doubling machines in idleness.” “Can obstacles which interfere with the workers be quickly ascertained and acted upon?” “Very quickly. These obstacles, physical or men- tal, are usually revealed by variations in the quan- tity or quality of a man’s daily output. A record which shows promptly and clearly why a man is not able to reach an agreed standard, is the information needed to reduce these obstacles. “In another department of this same spinning mill, the man record charts showed that the machine operators did not regularly turn out a full day’s work. Investigation showed that the lighting was poor, the ventilation insufficient. Floors were rough and uneven, finished product was placed where it interfered with feeding machines, operators were required to clean their machines and a part of the floor, which distracted their attention from connect- ing broken threads. The management installed bet- ter lighting, improved ventilation, and assigned spe-

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