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Walter Rautenstrauch
Walter Rautenstrauch (1880–1951) was an American mechanical and consulting engineer, and Professor at Columbia University's Department of Industrial Engineering in the 1930s. He coined the term break-even point, and developing the break-even chart together with Charles Edward Knoeppel. Rautenstrauch was instrumental in the creation of Columbia University's Department of Industrial Engineering, which is said to be the first such department in the United States. One of his most important students and colleagues was Seymour Melman,Chris Smith (1984)Design Engineers and the Capitalist FirmUniversity of Aston, p 40. who went on to be a professor in this department. Rautenstrauch, together with Howard Scott, formed the Committee on Technocracy in 1932, which advocated a more rational and productive society headed by technical experts. However, Rautenstrauch and Scott soon found they held very different views. Scott advocated for complete control of society and the government by Engin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Break-even Point
The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return. In short, all costs that must be paid are paid, and there is neither profit nor loss. Overview The break-even point (BEP) or break-even level represents the sales amount—in either unit (quantity) or revenue (sales) terms—that is required to cover total costs, consisting of both fixed and variable costs to the company. Total profit at the break-even point is zero. It is only possible for a firm to pass the break-even point if the dollar value of sales is higher than the variable cost per unit. This means that the selling price of the goods must be higher than what the company paid for the good or its components for them to cover the initial price they paid (var ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Progressive Party (United States, 1948)
The United States Progressive Party of 1948 was a left-wing political party in the United States that served as a vehicle for the campaign of Henry A. Wallace, a former vice president, to become President of the United States in 1948. The party sought racial desegregation, the establishment of a national health insurance system, an expansion of the welfare system, and the nationalization of the energy industry. The party also sought conciliation with the Soviet Union during the early stages of the Cold War. Wallace had served as vice president under Franklin D. Roosevelt but was dropped from the Democratic ticket in 1944. Following the end of World War II, Wallace emerged as a prominent critic of President Harry S. Truman's Cold War policies. Wallace's supporters held the 1948 Progressive National Convention, which nominated a ticket consisting of Wallace and Democratic Senator Glen H. Taylor of Idaho. Despite challenges from Wallace, Republican nominee Thomas E. Dewey, and St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Columbia University Faculty
Columbia may refer to: * Columbia (personification), the historical female national personification of the United States, and a poetic name for America Places North America Natural features * Columbia Plateau, a geologic and geographic region in the U.S. Pacific Northwest * Columbia River, in Canada and the United States ** Columbia Bar, a sandbar in the estuary of the Columbia River ** Columbia Country, the region of British Columbia encompassing the northern portion of that river's upper reaches ***Columbia Valley, a region within the Columbia Country ** Columbia Lake, a lake at the head of the Columbia River *** Columbia Wetlands, a protected area near Columbia Lake ** Columbia Slough, along the Columbia watercourse near Portland, Oregon * Glacial Lake Columbia, a proglacial lake in Washington state * Columbia Icefield, in the Canadian Rockies * Columbia Island (District of Columbia), in the Potomac River * Columbia Island (New York), in Long Island Sound Populated places * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Business Theorists
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Mechanical Engineers
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1951 Deaths
Events January * January 4 – Korean War: Third Battle of Seoul – Chinese and North Korean forces capture Seoul for the second time (having lost the Second Battle of Seoul in September 1950). * January 9 – The Government of the United Kingdom announces abandonment of the Tanganyika groundnut scheme for the cultivation of peanuts in the Tanganyika Territory, with the writing off of £36.5M debt. * January 15 – In a court in West Germany, Ilse Koch, The "Witch of Buchenwald", wife of the commandant of the Buchenwald concentration camp, is sentenced to life imprisonment. * January 20 – Winter of Terror: Avalanches in the Alps kill 240 and bury 45,000 for a time, in Switzerland, Austria and Italy. * January 21 – Mount Lamington in Papua New Guinea erupts catastrophically, killing nearly 3,000 people and causing great devastation in Oro Province. * January 25 – Dutch author Anne de Vries releases the first volume of his children's novel '' Journey Through the Nigh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1880 Births
Year 188 (CLXXXVIII) was a leap year starting on Monday of the Julian calendar. At the time, it was known in the Roman Empire as the Year of the Consulship of Fuscianus and Silanus (or, less frequently, year 941 ''Ab urbe condita''). The denomination 188 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Publius Helvius Pertinax becomes pro-consul of Africa from 188 to 189. Japan * Queen Himiko (or Shingi Waō) begins her reign in Japan (until 248). Births * April 4 – Caracalla (or Antoninus), Roman emperor (d. 217) * Lu Ji (or Gongji), Chinese official and politician (d. 219) * Sun Shao, Chinese general of the Eastern Wu state (d. 241) Deaths * March 17 – Julian, pope and patriarch of Alexandria * Fa Zhen (or Gaoqing), Chinese scholar (b. AD 100) * Lucius Antistius Burrus, Roman politician (executed) * Ma Xiang, Chin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lenox Hill Hospital
Lenox Hill Hospital (LHH) is a nationally ranked 450-bed non-profit, tertiary, research and academic medical center located on the Upper East Side of Manhattan in New York City, servicing the tri-state area. LHH is one of the region's many university-level academic medical centers. The hospital is owned by Northwell Health, the largest private employer in the state of New York. LHH serves as a clinical campus for the Donald and Barbara Zucker School of Medicine at Hofstra/Northwell, which is owned by the health system in a partnership with Hofstra University. It was founded in 1857 as the German Dispensary. It currently consists of ten buildings and has occupied the present site in Manhattan since 1869, when it was known as the German Hospital. In 2007, the Manhattan Eye, Ear and Throat Hospital was incorporated into Lenox Hill Hospital. The hospital is located on a city block bounded on the north and south by East 77th and 76th Streets, and on the west and east by Park Avenue ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1948 United States Presidential Election
The 1948 United States presidential election was the 41st quadrennial presidential election. It was held on Tuesday, November 2, 1948. In one of the greatest election upsets in American history, incumbent President Harry S. Truman, the Democratic nominee, defeated Republican Governor Thomas E. Dewey. Truman had ascended to the presidency in April 1945 after the death of Franklin D. Roosevelt. Defeating attempts to drop him from the ticket, Truman won the presidential nomination at the 1948 Democratic National Convention. The Democratic convention's civil rights plank caused a walk-out by several Southern delegates, who launched a third-party " Dixiecrat" ticket led by Governor Strom Thurmond of South Carolina. The Dixiecrats hoped to win enough electoral votes to force a contingent election in the House of Representatives, where they could extract concessions from either Dewey or Truman in exchange for their support. Truman also faced a challenge from his party in the form o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
House Un-American Activities Committee
The House Committee on Un-American Activities (HCUA), popularly dubbed the House Un-American Activities Committee (HUAC), was an investigative committee of the United States House of Representatives, created in 1938 to investigate alleged disloyalty and subversive activities on the part of private citizens, public employees, and those organizations suspected of having either fascist or communist ties. It became a standing (permanent) committee in 1945, and from 1969 onwards it was known as the House Committee on Internal Security. When the House abolished the committee in 1975, its functions were transferred to the House Judiciary Committee. The committee's anti-communist investigations are often associated with McCarthyism, although Joseph McCarthy himself (as a U.S. Senator) had no direct involvement with the House committee. McCarthy was the chairman of the Government Operations Committee and its Permanent Subcommittee on Investigations of the U.S. Senate, not the House. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Break-even Chart
The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return. In short, all costs that must be paid are paid, and there is neither profit nor loss. Overview The break-even point (BEP) or break-even level represents the sales amount—in either unit (quantity) or revenue (sales) terms—that is required to cover total costs, consisting of both fixed and variable costs to the company. Total profit at the break-even point is zero. It is only possible for a firm to pass the break-even point if the dollar value of sales is higher than the variable cost per unit. This means that the selling price of the goods must be higher than what the company paid for the good or its components for them to cover the initial price they paid (var ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Edward Condon
Edward Uhler Condon (March 2, 1902 – March 26, 1974) was an American nuclear physicist, a pioneer in quantum mechanics, and a participant during World War II in the development of radar and, very briefly, of nuclear weapons as part of the Manhattan Project. The Franck–Condon principle and the Slater–Condon rules are co-named after him.''Edward Condon'' was elected as a member of the in 1944. He was the director of the |
