The Principles Involved in a Factory Cost System

Author: Carnahan, Stanley Crosson

Year: 1918

Degree: Bachelor's thesis

Advisors: Simons, Seward C.; Baskerville, Harry H.

Committee Member: None, None

Option: Engineering; Economics

DOI: 10.7907/WPHN-MQ53

Abstract

Successful management has been defined as the art of spending money wisely and well. Profits may not be the end and all of business but they are certainly the test of practicality. Everything worth while should pay for itself. One proposal is no better than another, except as in the working-out it yields better results.

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