Warehouses in foreign countries for storage of merchandise in transit or in bond

The stock market crash - and after

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Monograph

Identifikator:: 863514456

URN:: urn:nbn:de:zbw-retromon-45340

Document type:: Monograph

Title:: Warehouses in foreign countries for storage of merchandise in transit or in bond

Place of publication:: Washington

Publisher:: Government Printing Office

Year of publication:: 1905

Scope:: 1 Online-Ressource (206 Seiten)

Collection:: Economics Books

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

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Document type:: Monograph

Structure type:: Chapter

Title:: Asia

Collection:: Economics Books

152 The Stock Market Crash—And After in a year. As a result the factory had to be closed down for ten months. “In another plant the sales ran away with the production and the output was sold 18 months in advance, at a time when prices were rising. Wages and costs of material went up so that for this 18- month period there was an actual loss. Both of these cases were due to a lack of co6rdination between pro- duction and sales. “But a curve in a broken line can be projected show- ing the expected sales, say, of a popular standardized product where the sales were always low during the summer and high in the autumn. A solid line would show the production schedule planned to meet the expected sales. In a particular instance the processes required a great deal of skill, and it was, of course, impossible to discharge workers in the summer and get them back in the autumn. Hence it was planned to continue manufacturing throughout the summer and place the product in cold storage ready for the large sales in October and November. This even schedule reduced the cost of production but increased the investment in inventories during the summer. “In order to find out in advance how much money would be required from the banks for this purpose, the expected receipts were charted in comparison with the expenditures for material, labor and over- head. It was found that money was received in bank usually about 60 days after the goods were sold. The chart showed that at the end of September addi- tional financing would be necessary to the extent of

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