The âtransformationâ of straight pipe to bent pipe takes place in the heated narrow annular zone which moves continuously along the length of the bend as the bending process advances (Figure 1). The heating of this zone is effected by means of an induction ring (Figure 2).
Budget at completion (BAC): The total planned value (PV or BCWS) at the end of the project. If a project has a Management Reserve (MR), it is typically not included in the BAC, and respectively, in the Performance Measurement Baseline.
Bank of America (BAC) is outperforming bank stocks after reporting solid third quarter results this morning. 1  America's third largest bank (in terms of market cap) has pared its gains, now up less than 1% as the financial sector is modestly lower (XLF -0.5%).