Examlex
Frederick Taylor's contributions were in the field of:
Automated Equipment
Machinery that operates with minimal human intervention, often used to increase production efficiency and consistency.
Salvage Value
The estimated residual value of an asset at the end of its useful life, often considered in depreciation calculations.
Financially Attractive
A term describing investments, projects, or acquisitions that are appealing due to their potential for financial return or profitability.
Proposed Project
An outlined plan or proposal for a future project, often including objectives, methodologies, and potential impacts.
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