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Frank and Lillian Gilbreth Identified 17 Basic Units of Motion

question 29

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Frank and Lillian Gilbreth identified 17 basic units of motion that they called


Definitions:

Revenue

The total income generated by a company from its business activities, before any expenses are subtracted.

Carrying Cost

The total cost of holding inventory, including storage, depreciation, obsolescence, and insurance.

Storage Costs

Expenses associated with storing a company's products or materials until they are needed or sold.

Insurance and Taxes

Mandatory expenses that include payments for risk coverage policies and contributions to state and federal governmental bodies.

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