Explain the method study and the technique of simplification as developed by Taylor.
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Solution
Method Study:
It refers to identify the most suitable way to do a particular activity. To conduct this study, process chart and operation research techniques are used. The main objective of this study is to minimise the cost of production and maximise the quality and level of consumer satisfaction.
Technique of simplification-
(i) Effecting economy in the use of machines.
(ii) Bringing down the labour cost with the help of specialisation. (The benefits of specialisation can be obtained by restricting specialisation only to a few products.)