Career
He coined the term break-even point, and developing the break-even chart together with Charles Edward Knoeppel. Rautenstrauch was instrumental in the creation of Columbia University"s Department of Industrial Engineering, which is said to be the first such department in the United States. Rautenstrauch, together with Howard Scott, formed the Committee on Technocracy in 1932, which advocated a more rational and productive society headed by technical experts.
In 1933, the Committee disbanded, largely because of different views held by the two mentor
