Four new manufacturing processes include 3D printing, smart factory, IIoT, and virtual reality, these technologies have a positive impact in diverse sectors and are used for manufacturing
During the last years, the development of technology has produced different objects such as smart appliances, smartphones, smart cars that have changed people's lives.
These technological improvements have also revolutionized the way of manufacturing different objects because they have improved the design, production, and marketing processes of the products. Several developments that have contributed to the industry are:
3D printing: It is a development that allows manufacturing objects or parts in different materials derived from petroleum.
- This technological advance affects the parts manufacturing sector in different ways
- In a toy factory, this development allows creating the parts of the toys much easier and more efficient
Smart factory: It is a technological development that allows improving the manufacture of objects through the use of digitized and connected machines to improve the production process.
- This technological advance affects all manufacturing subsectors because it integrates all processes.
- In a car factory, this development allows the assembly of a car to be done automatically and efficiently
Industrial internet of things (IIoT): It is a technological development that allows improving the manufacture of objects through the use of digital devices that work with artificial intelligence that perform a process and also analyze data to make productivity improvements.
- This technological advance affects all manufacturing subsectors because it integrates all production processes.
- In a food factory, this development allows production, packaging, sealing, and other processes to be carried out completely in the best way.
Virtual reality: It is a technological development that allows improving the manufacture of objects through the use of simulations that allows us to know previously how the performance of an object will be.
- This technological advance affects the design and quality control process to evaluate the functionality of the manufactured object.
- In a high-end bicycle factory, it allows knowing the performance of the materials in different types of roads, climatic conditions, and situations.
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Answer:
HAZARD INSURANCE is included as part of a fixed expense in the calculation of net operating income(also ppty taxes).
Explanation:
Mortgage payments are not considered as opex because they are not directly associated with the maintenance and operation of the property.
Hazard insurance is coverage that protects a property owner against damage caused by fires, severe storms, earthquakes, or other natural events. As long as the specific weather event is covered within the policy, the property owner will receive compensation to cover the cost of any damage incurred. Typically, the property owner will be required to pay for a year's worth of premiums at the time of closing, but this will depend on the exact details of the policy.
In the mid to late 1920's, advertising BOOMED! More money was spent on advertising in the United States than on education. Companies were producing more advertisements than the number of students attending higher education or universities. This was also the time when credit (loans from banks) started to explode as well.
