Established 1885 · Reestablished 2026
American Protective Tariff League

Library · AISA

The Iron Age 1932-06-09: Vol 129 Iss 23

1932 Reed Business Information US

Read in full

Hosted at the Internet Archive · Open on archive.org

Opening Pages

ESTABLISHED 1855 NEW YORK, JUNE 1932 Expense Budgets Assistant Secretary, Manufacturing Committee, General Elec budgets, hinge upon the accuracy some figure group figures, which most commonly the sales estimate. put the problem bluntly, the aver- age budget has been effective only proportion the realization the estimate from which made. illustrate, the latter part 1929, the Blank Mfg. Co., through the channels the command the sale manager, built budget manufac- turing operations for 1930 based the estimates determined the sales organization and approved the comptroller and the president. the Blank Mfg. Co. did not the business 1930 that had antici- pated, because the world-wide con- ditions that had developed which af- fected its business very severely. Let assume that January, 1930, the company decided had over- estimated its sales per cent. could arbitrarily say that its manu- facturing operations would cost per cent less, the problem readjust- ing manufacturing operations would simple, but nine times out ten could not assume this ideal set con- ditions. order meet these new conditions necessary for the man- ufacturing organization revamp forecast expenditures, which rep- resente…

Citation

The Iron Age 1932-06-09: Vol 129 Iss 23. Reed Business Information US. 1932.