Financial

five M

five M

a checklist designed to ensure that all five Ms, men (people), machine, material, measurement and method are considered in any structured attempt at a problem's solution. Frequently used with a FISHBONE CHART.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive
Scientific management of this SandT engine calls for attention to the five M's: manpower, money, machines, materials and minutes (or time).
The group starts with the fishbone framework composed of the five M's: Materials, Machines, Measurements, Man, and Methods.
Traci Yamoto (actually it's five m's but four of them are silent) is a young Japanese Canadian grrrl, surviving private school hell (barely) and her dysfunctional family (is there any other kind?).
It's all about managing the resources of the shopfloor: the Five M's--manpower, machine, material, method and measurement.
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