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In the context of a manufacturing production system, inventory refers to all work that has occurred—raw materials, partially finished products, finished products prior to sale and departure from the manufacturing system. In the context of services, inventory refers to all work done prior to sale, including partially process information.
Finished goods; A good purchased as a "raw material" goes into the manufacture of a product. A good only partially completed during the manufacturing process is called "work in process". When the good is completed as to manufacturing but not yet sold or distributed to the end-user, it is called a "finished good". [1]
In production, a final product or finished product is a product that is ready for sale, [1] distinguishable from a business's work in progress, which is not yet complete or ready for sale. For example, oil is the final product of an oil company. The farmer sells his vegetables as his final product, after they have been through the whole process ...
Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. The manufacturing process begins with the product design, and materials specification. These materials are then modified through manufacturing to become the ...
This concerns the movement of a finished product or service to customers. In physical distribution, the customer is the final destination of a marketing channel, and the availability of the product or service is a vital part of each channel participant's marketing effort.
Hindustani (sometimes called Hindi–Urdu) is a colloquial language and lingua franca of Pakistan and the Hindi Belt of India. It forms a dialect continuum between its two formal registers: the highly Persianized Urdu, and the de-Persianized, Sanskritized Hindi. [2] Urdu uses a modification of the Persian alphabet, whereas Hindi uses Devanagari ...
Testing occurs at various stages of the textile manufacturing process, from raw material to finished product. The purpose of testing is to evaluate and analyze the regulatory compliance, the product's quality and performance, as well as to measure its specifications.
A lead time is the latency between the initiation and completion of a process. For example, the lead time between the placement of an order and delivery of new cars by a given manufacturer might be between 2 weeks and 6 months, depending on various particularities.