Examlex
-Based on the information in Table 1,and using a 360-day year,the average collection period is:
Scientific Management Era
A period in management history focused on improving labor productivity through scientific methods, attributed to Frederick W. Taylor in the early 20th century.
Frank Gilbreth
An early 20th-century engineer and efficiency expert known for his work in time and motion study and contributions to industrial engineering.
W. Edwards Deming
An American engineer, statistician, professor, author, lecturer, and management consultant known for his work in the field of quality management.
Layout Strategy
An organizational plan for the physical arrangement of business resources, like machinery and equipment, to optimize production efficiency and effectiveness.
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