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Overall labor effectiveness ( OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality. Availability – the percentage of time employees spend making ...
Time clock. A time clock, sometimes known as a clock card machine, punch clock, or time recorder, is a device that records start and end times for hourly employees (or those on flexi-time) at a place of business. In mechanical time clocks, this was accomplished by inserting a heavy paper card, called a time card, into a slot on the time clock.
Time sight is a general method for determining longitude by celestial observations using a chronometer; these observations are reduced by solving the navigational triangle for meridian angle and require known values for altitude, latitude, and declination; the meridian angle is converted to local hour angle and compared with Greenwich hour angle.
Kairos. Kairos ( Ancient Greek: καιρός) is an ancient Greek word meaning 'the right or critical moment'. [1] In modern Greek, kairos also means 'weather' or 'time'. It is one of two words that the ancient Greeks had for ' time '; the other being chronos ( χρόνος ).
Kronos Incorporated corporate headquarters in Lowell, MA. Kronos was founded in 1977 by Massachusetts Institute of Technology (MIT) and Simon Business School alumnus Mark S. Ain. [4] Under Mark Ain's leadership, Kronos sustained one of the longest records of growth and profitability as a public company in software industry history. [5]
Former Kronos CEO Aron Ain was the CEO and chairperson of the combined company until July 1, 2022, when he stepped down as CEO to become Executive Chairperson. On February 20, 2020, Ultimate Software and Kronos Incorporated announced they agreed to form a new cloud computing venture specializing in workforce management and human capital ...
The doubling time is the time it takes for a population to double in size/value. It is applied to population growth, inflation, resource extraction, consumption of goods, compound interest, the volume of malignant tumours, and many other things that tend to grow over time. When the relative growth rate (not the absolute growth rate) is constant ...
The main marketing reason for its adoption was the development of its TELEX time-sharing feature and its BATCHIO remote batch feature. Kronos continued to use the COS/SCOPE 1 file system with the addition of a permanent file feature. An attempt to unify the SCOPE and Kronos operating system products produced NOS, (Network Operating System). [when?
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