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

150 The Stock Market Crash—dAnd After No changes were made in the processes nor in the walls of the building, which belonged more than a century ago to one of Napoleon’s marshals of cav- alry. By this new arrangement the distance traveled by the candlestick was reduced from 4000 meters to 875 meters.” Two Kinds of Factory Planning “What are the benefits of planning for the future, in production, selling and financing?” “In manufacturing there are two kinds of plan- ning: first, for continuous production, and, second, for varied products. “In a plant which is built around a moving assem- bly the operations of assembling are subdivided until they require approximately equal amounts of time. The length of the moving platform or belt, which carries the material, and the rate at which it moves, are then determined and the number of feet this belt moves per minute becomes the master schedule of the plant. “The rate of production per hour or per day for every department is thus set mechanically, and the task of the Planning Department consists mainly in foreseeing and preventing interruptions. “This mechanical type of scheduling usually entails a heavy investment in material-handling equipment or in special machinery, and is therefore economical only in cases where the products are thoroughly standardized and are manufactured in large quanti- ties. Mass production can never become such an

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