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In metallurgy, cold forming or cold working is any metalworking process in which metal is shaped below its recrystallization temperature, usually at the ambient temperature. Such processes are contrasted with hot working techniques like hot rolling, forging, welding, etc. [ 1 ]: p.375 The same or similar terms are used in glassmaking for the ...
Drawing is a manufacturing process that uses tensile forces to elongate metal, glass, or plastic. As the material is drawn (pulled), it stretches and becomes thinner, achieving a desired shape and thickness. Drawing is classified into two types: sheet metal drawing and wire, bar, and tube drawing. Sheet metal drawing is defined as a plastic ...
The economics term cost, also known as economic cost or opportunity cost, refers to the potential gain that is lost by foregoing one opportunity in order to take advantage of another. The lost potential gain is the cost of the opportunity that is accepted. Sometimes this cost is explicit: for example, if a firm pays $100 for a machine, its cost ...
In economics, a production function gives the technological relation between quantities of physical inputs and quantities of output of goods. The production function is one of the key concepts of mainstream neoclassical theories, used to define marginal product and to distinguish allocative efficiency, a key focus of economics.
e. The labor theory of value (LTV) is a theory of value that argues that the exchange value of a good or service is determined by the total amount of " socially necessary labor " required to produce it. The contrasting system is typically known as the subjective theory of value. The LTV is usually associated with Marxian economics, although it ...
Work hardening, also known as strain hardening, is the process by which a material's load-bearing capacity (strength) increases during plastic (permanent) deformation. This characteristic is what sets ductile materials apart from brittle materials. [1] Work hardening may be desirable, undesirable, or inconsequential, depending on the application.
Shown is a marketplace in Delhi. Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. [ 1 ][ 2 ][ 3 ] Microeconomics focuses on the study of individual markets, sectors, or industries as ...
Swaging. Swaging (/ ˈsweɪdʒɪŋ /) is a forging process in which the dimensions of an item are altered using dies into which the item is forced. [1] Swaging is usually a cold working process, but also may be hot worked. [2] The term swage may apply to the process (verb) or to a die or tool (noun) used in that process.