Document Type
Article
Publication Date
1928
Abstract
This Outline is the outgrowth of the views expressed at a series of meetings conducted by George W. Duncan, the Institute's Cost Engineer, and attended by the cost representatives of the mills participating in the Narrow Sheetings, Wide Sheetings, Print Cloth, Carded Yarn, Osnaburg and Chambray Groups of the Institute. These views support, with a close approach to unanimity, the bases set forth in the Outline. Mr. Duncan has also discussed this matter with a great many individual mill executives and cost representatives, including many in branches of the industry not yet organized into Groups. In addition, this Outline has been examined and approved by Joel M. Barnes and Ralph E. Loper, Textile Cost Engineers, and by Price, Waterhouse & Company. Mr. Duncan and I believe the Outline to be sound and recommend it to the mills. This Outline is not a detailed cost manual, but is confined to developing what are regarded by the Institute and its advisers as proper basic principles. If a mill decides that its cost finding system calls for revision, the appropriate steps to that end will have to be taken by cost finding experts either in or outside of the mill's organization. Our Cost Engineer, while not in position to install new or revised cost finding systems, will be glad to answer questions and render any assistance within his power.
Relational Format
article
Recommended Citation
Duncan, George W.; Hines, Walker D.; and Cotton-Textile Institute, "Outline of bases to be used in predetermining costs for guidance as to sales policies" (1928). Individual and Corporate Publications. 68.
https://egrove.olemiss.edu/acct_corp/68