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At the start of the American Civil War, the Confederacy suffered from a lack of resources with the capability to produce small arms weapons. Virginia appropriated funds to modernize the Old State Armory building in Richmond with arms-making machinery manufactured in England, but the confrontation at Fort Sumter initiated the Union blockade which prevented delivery of the machinery.
The Virginia Manufactory of Arms was a state-owned firearms manufacturer and arsenal in what is today Richmond, Virginia. It was established by the Commonwealth of Virginia in 1798 to supply the Virginia militia with firearms and related items such as swords and bayonets.
Menu costs are the costs incurred by the business when it changes the prices it offers customers. A typical example is a restaurant that has to reprint the new menu when it needs to change the prices of its in-store goods. So, menu costs are one factor that can contribute to nominal rigidity. Firms are faced with the decision to alter prices ...
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During the World War II years, Dahlgren became involved with new computational devices (computers) because of its ordnance requirements. Ground-breaking early computers were sent to Dahlgren to help with ballistic work and other directives, including the Aiken Relay Calculator and the Naval Ordnance Research Calculator (NORC).
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