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The Iron Age 1928-10-25: Vol 122 Iss 17

1928 Reed Business Information US

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EIRO AGE New York, October 25, 1928 ESTABLISHED 1855 VOL. 122, No. Profits Close Material Control Timing Deliveries Meet Production Schedules, Based Sales Forecasts, Permits Stutz Company Turn Over Stock Times Yearly BARON* AINTENANCE minimum inventory secure maximum turnover the basic principle the plan for controlling materials which has enabled the Stutz Motor Car Co. America, Inc., turn over its stock times annually the past two years. This done timing deliveries purchased goods meet current pro- duction schedules established result frequent fore- casts sales. fact, stock has been controlled that the physical inventory compared with the book inventory has shown shrinkage less than per cent value. account the factors entering into these ac- complishments involves explanation the system for regulating stocks. About per cent the parts going into direct material costs the Stutz automobile are fashioned from raw ma- terials our plant, the remaining per cent coming *Comptroller, Stutz Motor Car Co. America, Inc., Indi- anapolis. Incoming Materi- als Are Promptly Inspected the Receiving Room the Assembly Floors. The inspection valve springs and timing chains shown rough, semi-finished…

Citation

The Iron Age 1928-10-25: Vol 122 Iss 17. Reed Business Information US. 1928.