Investment and production problems of the producer

The aggregate producer invests money to make a profit. The capital outlay is related to the type of aggregate involved and the specification to which he must conform. He acknowledges that technological advances may put his capital at risk or force him to invest further. He accepts this hazard but does not take too kindly to changes with increased cost without an appropriate return in performance. His aim at all stages of the business must be adequate material at minimum cost. This should also be the aim of the purchaser. Both should concentrate on the cost effectiveness of the end product rather than get entangled in a web of constituent specifications which may have little performance merit.

Language

  • English

Media Info

  • Pagination: 1-9
  • Monograph Title: Conference on the production, properties and testing of aggregates, Sydney, 1976; papers

Subject/Index Terms

Filing Info

  • Accession Number: 01441053
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Aug 24 2012 11:21PM