MODERN MANAGEMENT Taylor's experiment Taylor's Iron Shipping Experiment (1898): o "Schmidt,are you a high value person?" o Schmidt:"I don't understand what you mean" o-Trials:bent and straight knees,pace,grip, procedures,methods,tools o-Result:The daily output increased from 12.5 tons to 48 tons(4 times),daily wage rising from $1.15 to $1.85:nearly 62%.Modern ManageMent Taylor's experiment l Taylor's Iron Shipping Experiment (1898): ○ "Schmidt, are you a high value person?" ○ Schmidt: "I don't understand what you mean" ○ – Trials: bent and straight knees, pace, grip, procedures, methods, tools ○ – Result:The daily output increased from 12.5 tons to 48 tons(4 times), daily wage rising from $1.15 to $1.85: nearly 62%