Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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Differences in Quality, etc. etc. Sounds academic as possible yet it all had a positive and practical application. The workshops following the lectures gave you a chance to apply what had been taught. On Friday the 13th, we dug into Least Cost Resource Com binations: Alternative combinations of Resources Used in Production, Substituting one Resource for Another, Least Cost Combinations, Rational and Irrational Areas of Production and How Effected by Changing Prices. Twas rough for me, yet matter I'd like to have had 25-30 years ago. Incidentally, you school guys and gals, one weekend test took me between eleven and twelve hours to do. Even though of the ppen-book type, outstanding grades were made by but two, one of these brains had a Masters from Yale, the other a Tech man - both in their twenties. Monday the 16th, opened with a real brain twister “Interrelationships Between Optimum Level of Production and Least Cost Consideration.* As you have gathered by now the least cost method of production isn’t necessarily the most profitable. For instance, packaging in brown paper is cheaper than in multicolored foils yet the latter is more profitable because the attractiveness means increased sales that far exceed the increased costs.
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