Publisher's Synopsis
Excerpt from Nicholson on Factory Origanization and Costs
While experience is considered the great teacher and is probably the most valuable factor in conducting a manufacturing business, yet a theoretical training in the underlying principles of organization constitutes the foundation-stone upon which experience may build, and gives a vantage ground not possible to the man who depends on experience alone. It furnishes a key by which he may interpret facts and conditions as they arise. It provides a scheme and outline to which particular events are referred, for explanation and correlation. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.