An alpha-numeric designator which is systematically assigned at the time of manufacture, so as to identify the manufacturer, month, year, location, and batch is referred to as lot number.
<h3>What is a product?</h3>
A product can be defined as any physical object (tangible item) that is typically produced by a manufacturer so as to satisfy and meet the demands, needs or wants of every customer. Also, some examples of a product include the following:
- Refrigerator
- Television
- Microwave oven
- Pencil
- Smartphone
- Computer
- Perfume
<h3>What is lot number?</h3>
A lot number can be defined as an alpha-numeric designator which is systematically designed and assigned at the time of manufacture, so as to identify the manufacturer, month, year, location, and batch.
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