Boston Corp.is evaluating three projects.Each project will return a total of $600,000 to the company in cash flows over a three-year period.The cash flows for the three projects are as follows: 
Using the payback period method,which project represents the best investment for Boston?
Definitions:
Lean Production
A systematic method for waste minimization within a manufacturing system without sacrificing productivity.
Continuous Process Improvement
An ongoing effort to improve products, services, or processes by making incremental changes or implementing major overhauls to improve efficiency and quality.
Self-Directed Work Teams
Groups of employees who are given the autonomy to manage themselves and the work they do, often encompassing planning, execution, and monitoring of their tasks.
New Product Development
The process of designing, creating, and bringing a new product or service to market, involving stages like research, development, and launch.
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