Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 02 (of 10)
American School of Correspondence
Accounting; Business; Commerce
Labor Dept. A $125.10
" " B 75.20
" " C 100.30
" " D 25.40
Material 150.50
20. What method should be used by the cost department to collect data
showing material and labor costs?
REVIEW QUESTIONS
ON THE SUBJECT OF
MACHINE SHOP MANAGEMENT
1. Why were the early New Englanders forced to become manufacturers?
2. What was the occasion of the first _boycotting_ movement in this
country?
3. What is meant by a _combination of capital_?
4. Describe the operations carried on by a combination of capital
in acquiring possession of various small plants in the same line of
manufacture.
5. What is _Interchangeable Manufacturing_?
6. When were Milling Cutters first made?
7. Who introduced interchangeable manufacturing in this country?
8. What invention brought Eli Whitney into public notice?
9. What are the principal objects sought in modern manufacturing?
10. How can you account for the largely increased output per employee
of the present day as compared with former times?
11. What is meant by _Machine Shop Management_?
12. What are the principal departments of a manufacturing plant
building machinery and like products?
13. What are the secondary departments or rooms?
14. Where is the Power House usually located, and why?
15. What is meant by _lines of authority_ in shop organization?
16. What is the regular channel of official communication from the
General Manager down to the Workmen?
17. What is meant by the _Police Regulations_ of the shop?
18. What officials enforce the police regulations?
19. How would you seek to promote the loyalty of the working force?
20. What is meant by the _Suggestion System_?
21. What are the seven principal requirements of Shop Methods and
Records?
22. Describe the necessary steps in the employment of workmen, from the
application for a position to setting the man to work.
23. How are records of individual standing determined?
24. What usually constitutes the largest item of cost in the
manufactory?
25. What is a _Time Recording Clock_? How is it used?
26. What is a _Production Order_?
27. With what officials do production orders originate?
28. What is a _Plant Order_?
29. How are stock and material obtained from the Store─Room?
30. How are orders traced and followed through the different
departments?
31. How are tools obtained from the Tool Room?
32. How does the Tool Keeper ascertain who has certain tools?
REVIEW QUESTIONS
ON THE SUBJECT OF
COST─ANALYSIS ENGINEERING
1. What is the object of cost keeping and cost analysis? Of cost
distribution?
2. What is "cost?"
3. What five essentials must a cost─keeping system possess?
4. What are _overhead expenses_?
5. What are the four most common ways of time─keeping? Give the basis
of each method.
6. What are some of the difficulties that confront the time─keeper when
taking time in the field?
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