The following appeared as part of an annual report sent to stockholders by
Olympic Foods, a processor of frozen foods.

“Over time, the costs of processing go down because as organizations learn
how to do things better, they become more efficient. In color film processing,
 for example, the cost of a 3-by-5-inch print fell from 50 cents for five-day
service in 1970 to 20 cents for one-day service in 1984. The same principle
applies to the processing of food. And since Olympic Foods will soon celebrate
 its twenty-fifth birthday, we can expect that our long experience will enable
 us to minimize costs and thus maximize profits.”