fullscreen: The stock market crash - and after

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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