Workflow Optimization

Network Analysis
Network analysis is a method used in project management to plan and control complex projects. It helps in identifying optimum workflows, minimizing bottlenecks, and ensuring timely project delivery.
Production Control
Production control involves planning, routing, scheduling, dispatching, and inspecting the operations or items being manufactured to ensure efficiency and quality in the production process.
Time-and-Motion Study
A time-and-motion study involves measuring the time and movements required to complete specific job tasks. First advocated by Frederick W. Taylor in his book Scientific Management, such studies aim to create a management standard for evaluating individual employee productivity.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.