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Frederick Winslow Taylor (March 20, 1856 – March 21, 1915) was an American mechanical engineer. He was widely known for his methods to improve industrial efficiency.[1] He was one of the first management consultants.[2] In 1911, Taylor summed up his efficiency techniques in his book The Principles of Scientific Management which, in 2001, Fellows of the Academy of Management voted the most influential management book of the twentieth century.[3] His pioneering work in applying engineering principles to the work done on the factory floor was instrumental in the creation and development of the branch of engineering that is now known as industrial engineering. Taylor made his name, and was most proud of his work, in scientific management; however, he made his fortune patenting steel-process improvements. As a result, Scientific management is sometimes referred to as Taylorism.
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C. Memoization
Explanation:
Given that Memoization is a computing strategy that is applied in storing the previously calculated values such that values can easily be recalled to execute similar problems or further problems. It is also used in making recurring algorithms productive
Hence, in this case, In dynamic programming, the technique of storing the previously calculated values is referred to as MEMOIZATION
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easily managed, large amount of storage capacity, great flexibility
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