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.
The principle behind any hydraulic system is simple: forces that are applied at one point are transmitted to another point by means of an incompressible fluid. In brakes we call this brake fluid of which there are a few different varieties, but more on that later. As is common in hydraulics the initial force which is applied to operate the system is multiplied in the process. The amount of multiplication can be found by comparing the sizes of the pistons at either end.