Answer:
Shelf life.
Explanation:
In Business, an inventory is a term used to describe a list of finished goods, goods still in the production line and raw materials that would be used for the manufacturing of more goods in a bid to meet the unending consumer demands.
Simply stated, an inventory can be classified into three (3) main categories; finished goods, work in progress, and raw materials.
An inventory is recorded as a current asset on the balance sheet because it's primarily the most important source of revenue for a business entity.
Also, the three (3) main cost concept associated with an inventory are;
1. First In First Out (FIFO).
2. Last In First Out (LIFO).
3. Weighted average cost.
Shelf life can be defined as a measure of the length of time that a particular product could be kept or stored without it getting bad or becoming unsuitable for use by the consumers. Thus, the shelf life of a product is largely dependent on its expiration date.
Hence, merchandise without an expiration date like electronics, tools and home goods typically have a longer shelf life.
Answer:
Plain Bearings and Rolling Element Bearings -
Explanation:
two different type of bearing are:
1) Plain Bearings - Plain bearings are the easiest form of bearings and consist of only the layer of the bearings without rolling components.
2)Rolling Element Bearings - Rolling element bearings use balls or rollers between two rings – allowing movement with little rotating and sliding friction. These type of bearings include bearings for balls and rollers.
Answer:
Racking is the term used for when buildings tilt as their structural components are forced out of plumb. This is most commonly caused by wind forces exerting horizontal pressure, but it can also be caused by seismic stress, thermal expansion or contraction, and so on.
Explanation: