Excerpt from Class III Milk in the New York Milkshed: III-Costs of Manufacturing Dairy ProductsThis technique, sometimes called the building block technique, is used to develop model plants of specific capacity, equipment, and labor force, and to determine their costs. The models are assumed to use the processing tech niques, managerial practices, market organization, and institutional ar rangements actually prevailing in the industry. Once such a plant has'been designed and organized as an efficient and workable operation, it is possible to attach money prices to the various inputs and so to calculate total and unit costs.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.