Outputs up – profits down

Abstract

Discusses the reasons why a South African clothing manufacturing firm found itself in the situation where, after an intense marketing effort, its output had risen and its profits had fallen. Details a consultancy′s preliminary findings and their time study analysis, analysis of profit and loss accounts, profit curve analysis, examination of material control and overheads, and finally standard minute cost control.

Citation

Wilde, E. (1992), "Outputs up – profits down", Work Study, Vol. 41 No. 5, pp. 19-21. https://doi.org/10.1108/EUM0000000002677