Economy of scale
Forum rules
If you need help logging in, or have question about how something works, use the Support forum located here Support Forum
Complete set of Forum Rules Forum Rules
If you need help logging in, or have question about how something works, use the Support forum located here Support Forum
Complete set of Forum Rules Forum Rules
-
Steve Jelf
Topic author - Posts: 6496
- Joined: Fri Jan 04, 2019 9:37 pm
- First Name: Steve
- Last Name: Jelf
- * REQUIRED* Type and Year of Model Ts owned: 1923 touring and a few projects
- Location: Parkerfield, Kansas
- MTFCA Number: 16175
- MTFCI Number: 14758
- Board Member Since: 2007
- Contact:
Economy of scale
The difference in production numbers and prices between 1908-1909 and 1923-1924 is pretty striking.
The inevitable often happens.
1915 Runabout
1923 Touring
1915 Runabout
1923 Touring
-
Burger in Spokane
- Posts: 2260
- Joined: Sat Mar 09, 2019 2:05 am
- First Name: Brent
- Last Name: Burger
- * REQUIRED* Type and Year of Model Ts owned: 1926 TT closed cab flatbed
- Location: Spokane, Wa.
- Board Member Since: 2014
Re: Economy of scale
Not a lot of things I can think of that prices go DOWN by 2/3 over the course of
10-15 years !
10-15 years !
More people are doing it today than ever before !
-
Tiger Tim
- Posts: 105
- Joined: Sun Jan 06, 2019 7:09 pm
- First Name: Tim
- Last Name: Eckensviller
- * REQUIRED* Type and Year of Model Ts owned: 1926 cut-off touring
- Location: Thunder Bay, ON
Re: Economy of scale
Computers?Burger in Spokane wrote: ↑Mon Jun 03, 2019 10:11 amNot a lot of things I can think of that prices go DOWN by 2/3 over the course of
10-15 years !
-
KeithG
- Posts: 663
- Joined: Thu Jan 03, 2019 3:00 pm
- First Name: Keith
- Last Name: Gumbinger
- * REQUIRED* Type and Year of Model Ts owned: '14 Touring, '26 RPU, '27 Fordor, '27 Touring
- Location: Kenosha, WI
- MTFCA Number: 4661
- MTFCA Life Member: YES
- MTFCI Number: 6866
- Board Member Since: 1999
Re: Economy of scale
This is due to the moving assembly line that began use in 1913 - 14 and continual design improvements to save as little as pennies on manufacturing costs.
Keith
Keith
'14 Touring, '26 Roadster Pickup, '27 Fordor, '27 Touring
Motto: It's hard to build a garage that's tooooo big!
Motto: It's hard to build a garage that's tooooo big!
-
DLodge
- Posts: 594
- Joined: Sat Jan 05, 2019 8:14 pm
- First Name: Dick
- Last Name: Lodge
- * REQUIRED* Type and Year of Model Ts owned: 1924 Touring
- Location: St. Louis MO
- MTFCA Number: 19659
- Board Member Since: 1999
Re: Economy of scale
What Tim said.Burger in Spokane wrote: ↑Mon Jun 03, 2019 10:11 amNot a lot of things I can think of that prices go DOWN by 2/3 over the course of
10-15 years !
-
Jeff Hood
- Posts: 186
- Joined: Sun Jan 06, 2019 11:25 pm
- First Name: Jeff
- Last Name: Hood
- * REQUIRED* Type and Year of Model Ts owned: 1915 Touring, 1923 Fordor, 1924 Martin Parry Canopy Express, 1925 Coupe
- Location: Long Beach, CA.
- MTFCA Number: 25636
Re: Economy of scale
Pocket calculators
-
Allan
- Posts: 5256
- Joined: Sun Jan 06, 2019 7:21 pm
- First Name: Allan
- Last Name: Bennett
- * REQUIRED* Type and Year of Model Ts owned: 1912 van, 1917 shooting brake, 1929 roadster buckboard, 1924 tourer, 1925 barn find buckboard, 1925 D &F wide body roadster, 1927LHD Tudor sedan.
- Location: Gawler, Australia
Re: Economy of scale
My first transistor radio cost $58 in 1960!
Allan from down under.
Allan from down under.
-
Susanne
- Posts: 1054
- Joined: Sat Apr 13, 2019 6:06 pm
- First Name: Susanne
- Last Name: Rohner
- * REQUIRED* Type and Year of Model Ts owned: Late '15 touring, "Angel".
- Location: Valfabbrica, (central) Italy
- MTFCA Number: 464
- MTFCA Life Member: YES
- Board Member Since: 1999
- Contact:
Re: Economy of scale
The first electronic pocket calculator (the HP 35) was $395 in 1970... which is what, about $2400 in today's money. And now you can get a calculator given to you...
Of course, thins got smaller as well... the Computing power of 1970(ish) took numerous rooms in a building and cost well over a million... and today's smart phone has more capacity and capability than would fit in said computer center... and if you subscribe to a cellphone service, they'll give you one for about what that HP35 cost... or less...
And for all this "improved technology", our cars will STILL get us from point A to point B and home again...
Of course, thins got smaller as well... the Computing power of 1970(ish) took numerous rooms in a building and cost well over a million... and today's smart phone has more capacity and capability than would fit in said computer center... and if you subscribe to a cellphone service, they'll give you one for about what that HP35 cost... or less...
And for all this "improved technology", our cars will STILL get us from point A to point B and home again...
-
kmatt
- Posts: 132
- Joined: Sun Jan 06, 2019 6:30 pm
- First Name: Kevin
- Last Name: Matthiesen
- * REQUIRED* Type and Year of Model Ts owned: 1926 Coupe, 1921 speedster, 1925 TT, 1916 Exp
- Location: Madera California
- MTFCA Number: 11598
Re: Economy of scale
Susanne, When I was in civil engineering school in the early 1970's Fresno State had two HP 35's, no one could afford the $400., so we used slide rules and log tables and fought over who would check the HP's out for the day. Being a surveyor the HP's really helped with the trig on the sun azimuth calculations that other wise needed 10 place log tables to get correct answers on our location. Now a days people zip from place to place using their GPS and have no idea how they got there, yet we made it to the moon and back with that HP and Texas Instrument technology.
-
It's Bill
- Posts: 279
- Joined: Mon Jan 07, 2019 6:41 pm
- First Name: Bill
- Last Name: Hoffer
- Location: Mars, PA
- MTFCA Number: 32571
- MTFCI Number: 24364
- Board Member Since: 2016
Re: Economy of scale
15 cent hamburgers at McDonalds. Back in the mid 60s, that is. Cheers, Bill
-
Rich Bingham
- Posts: 1922
- Joined: Sun Jan 06, 2019 11:23 am
- First Name: Rich
- Last Name: Bingham
- * REQUIRED* Type and Year of Model Ts owned: 1913 runabout
- Location: Blackfoot, Idaho
Re: Economy of scale
It's interesting to note that during the Model T's production run of nearly 19 years, the country was on the gold standard. I'm thinking that means for the most part, a 1927 dollar had the same purchasing power that a 1908 dollar had ? Since the Roosevelt administration "re-arranged" the monetary system in 1935, inflation has continued apace ever since. Bill notes 15-cent hamburgers in the mid 1960's; nowadays, most items cost seven to ten times what they did back then, vis-a-vis Mickey D's current "dollar menu". I reckon we are now on an "oil standard", another aspect of the revolution Henry Ford wrought. 
"Get a horse !"