Examlex
At Toyota,each task that operating employees and machines perform is carefully studied to promote maximum productivity.In some cases,tasks are studied using time and motion studies to standardize work methods.What management approach is Toyota using?
Cost-benefit Relationship
An analysis or assessment that compares the costs and benefits of a decision, project, or action to determine its feasibility or worth.
Least Expensive
The option or solution with the lowest cost among a selection of alternatives.
Edisonian Method
A trial-and-error approach to innovation and problem-solving, inspired by Thomas Edison's experimental practices.
Attribute Listing
A problem-solving technique that involves breaking down a system, issue, or object into its basic attributes and analyzing each to explore possible solutions.
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