The $100.00/hr rate has 3 employees in it. He is down to one now and he doesn't need the extra burden. The accountant is right about the rate at full cost but he now has no employees and no revenue at all. He's got a brand new Haas SL-20 lathe that he is paying $7,000/mo on and he has no work for it.
I have a 50,000 piece order for a military part that gets threaded and the total cycle time is 68 seconds. Insert cost is $0.14 per part. I need a backup source to assure that we can keep up if we have any issues. I have a competitor running this right now at $1.90 per part and they are happy to have the work. I gave him 3,000 pcs last week to keep him going.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
... [Read Article]
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