:29:01
Tape recorders?
Are you kiddin'?
:29:03
The Japs will kill us
on the labor costs.
:29:06
OK, fine.
:29:08
Then let's just say
they're widgets.
:29:11
What's a widget?
:29:13
It's a fictional product.
It doesn't matter.
:29:16
Doesn't matter.
Tell that to the bank.
:29:18
Take it easy.
It's the first day.
:29:20
On the board,
you will see a cost analysis...
:29:24
for construction of
a 30,000 square-foot facility...
:29:27
which will encompass
both factory and office space...
:29:29
and is fully serviced
by all utilities...
:29:32
a railroad spur line
and a four-bay shipping dock.
:29:35
Hold it, hold it. Why build?
You're better off leasing...
:29:39
at a buck and a quarter,
a buck and a half a square foot.
:29:41
Take your down payment
and put it into CDs...
:29:44
or something else you can roll
over every couple of months.
:29:46
Thank you, Mr. Melon...
:29:48
but we'll be concentrating
on finance...
:29:51
a little later in the term.
:29:53
For the time being,
let's just concentrate...
:29:55
on the construction figures,
shall we?
:29:58
You'll see the final bottom line
requires the factoring in...
:30:01
of not just the material
and construction costs...
:30:03
but also the architects' fees
and the cost of land servicing.
:30:08
Oh, you left out
a bunch of stuff.
:30:11
Oh, really?
:30:13
Like what, for instance?
:30:15
First of all, you have to grease
the local politicians...
:30:18
for the sudden zoning problems
that always come up.
:30:20
Then there's the kickbacks
to the carpenters.
:30:23
And if you plan on using
any cement in this building...
:30:25
I'm sure the teamsters
would like to have...
:30:27
a little chat with you,
and that'll cost you.
:30:29
Don't forget a little something
for the building inspectors.
:30:31
There's the long-term costs,
such as waste disposal.
:30:35
I don't know if you're familiar
with who runs that business...
:30:37
but I assure you
it's not the boy scouts.
:30:39
That will be quite enough,
Mr. Melon.
:30:40
Maybe bribes and kickbacks...
:30:42
and Mafia payoffs
are how you do business...
:30:46
but they are not part of
the legitimate business world...
:30:48
and they're certainly
not part of anything...
:30:50
I'm teaching in this class.
Do I make myself clear?
:30:53
Sorry. Just trying to help.
That's all.
:30:56
Now, notwithstanding
Mr. Melon's input...