ABSTRACT
A large part of the equipment of every factory is mechanical, and the operation of the machinery is necessarily to some extent recorded by methods parallel to those used to record the operation of the machinery in machine shops. And generally speaking there is in every factory the development and utilization of power, the accounting for which is largely an engineering prpblem, and may best be considered in connection with the industry in which the power equipment is produced and over which the mechanical engineer especially presides. The full operation of a factory depends upon engineering and commercial efficiency, and upon efficiency of shop management. The wages of a foreman whose supervision is restricted to a limited number of machines, and is not general to the department, are also most accurately distributed by including these wages in the expense of such machines, and ultimately in the hourly rate charged for their use.
