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.
A lever is a simple machine that is used with a fulcrum or pivoting point that multiplies the force exerted on a load. This is very beneficial when you want to have something done with minimal force. There are three classes in fulcrums. Class 1 is where the fulcrum is located between the load and the force applied.nother place where a wheel and axel could be used is a pulley. A pulley is a simple machine that consists of a wheel and axel or shaft and something of a belt. The wheel and axel or shaft could have a grove, but not in all cases.