Some techniques and interesting results in discrimination testing
C. GreenhalghThe Phillips, Scott & Turner Co.
INTRODUCTION
Because size is often the most obvious manifestation of success in business, there is perhaps a temptation to manufacturing companies to pursue increased profits solely through increased sales, to the exclusion of doing the same through decreased costs. Obviously, the circumstances will alter from case to case, but a very close look at costs is well worthwhile in many cases. Amongst all the cost items will be one which is almost always of some magnitude and rarely devoid of possibilities for savings, namely...