Manufacturing Inventory: It is the inventory held for manufacturing and selling of goods. Based on the value addition or stage of completion, the manufacturing inventories are further classified into 3 types of inventory â Raw Material, Work-In-Progress and Finished Goods. Another type is MRO inventories which are to support the whole manufacturing and administrating operation.
Principle of the Lever. It has been found by experiment that two equal forces acting in opposite directions, i.e., clockwise and counterclockwise, and applied to a uniform lever at equal distances from the fulcrum counteract each other and establish a state of equilibriumequilibrium, state of balance.
Quick Answer. A fulcrum is the fixed support or pivot point for a lever, which is a simple machine used to overcome resistance. The lever is a stiff rod or bar, and the location of the fulcrum determines the class of the lever. Levers are useful to increase force, increase speed or change direction of a force, according to HowStuffWorks.