View Single Post
  #56 (permalink)  
Old 12-18-2008, 08:39 AM
Wes Tausend Wes Tausend is offline
CC Member
Visit my Photo Gallery

 
Join Date: Oct 1999
Location: Bismarck, North Dakota, USA,
Posts: 920
Not Ranked     
Red face

Quote:
Originally Posted by Wes
Three: if 10% labor is accurate, and $76/hr is accurate ...then one may logically derive that each auto brings in $760/hr as it moves down the line.
Quote:
Originally Posted by Stentor View Post
I am guessing you were not a math major!? I think your "logic" and calculations are flawed.
You are quite correct Stentor. Good catch. My bad.
I've been trying to avoid the apparent clumsy mixing of apples and oranges ever since the discord of the two opposing propogandas struck me.

It should read, "Three: if 10% labor cost of total cost is accurate per auto (by UAW), and $76/hr cost is accurate per employee (by OEM) ...then one may logically derive that each auto costs $760/hr to produce as it moves down the line."

Better? What do you calculate? No, really.

Wes


...
Reply With Quote