Material removal is the process of removing excess material from a part using methods such as milling, drilling, grinding, backfilling, and planing. It is used in manufacturing for metal and woodworking projects to shape raw materials to match the design of the finished product. Material removal can be used in DIY projects at home or […]
“Build to stock” is a production system where products are made on a fixed schedule, rather than in response to demand. It is suitable for predictable or seasonal demand and when there are economies of scale. Fast food restaurants also use this approach during busy times. The alternative is “build to order,” which has no […]
OEM or standard tires are factory wheels that come with a vehicle, with materials and styling varying by automaker. Factors such as bolt pattern, spacing, width, and diameter determine the correct stock wheel for a specific vehicle. Hubcaps are a common decorative cover, but custom wheels offer a durable and decorative alternative to stock rims. […]
A die is a frame that helps keep cutting tools aligned to create uniform threads on screws, bolts, and pipes. It allows for even pressure and spacing, making mass production easier and more cost-effective. Advanced technology now allows for computer equipment to adjust the position of dies for ideal threads. Sometimes referred to as a […]
The Philadelphia Stock Exchange is the oldest stock exchange in the US, offering trading in index, stock, and currency options. It was sold to NASDAQ OMX in 2008, increasing its size and trading volume. Visitors can take tours of the exchange, and traders must comply with trading floor rules. The Philadelphia Stock Exchange is a […]
Rolling stock refers to all wheeled vehicles owned by a railroad or government that can be rolled on railroad tracks, including locomotives in some countries. There are four main types of railway rolling stock: revenue-generating cargo and passenger cars, non-revenue cars used by the railway itself, and military cars. All railway cars are built to […]
Make-to-stock is a production approach that matches production with anticipated consumer demand to minimize inventory costs. Accurate demand forecasting is crucial, and businesses can minimize expenses by adjusting raw material purchases and labor scheduling. However, inaccurate demand forecasts can lead to lost sales or high inventory costs. Make-to-stock is a type of production approach that […]
Inventory turnover measures how many times a company sells its inventory, with high turnover indicating high demand. Accountants can use two formulas to calculate turnover and track it over time to evaluate efficiency and compare to industry standards. High inventory levels can increase costs, so companies aim to improve turnover to increase sales and reduce […]
Monetary policy and the stock market are closely related as a government’s attempts to control the money supply can affect equity investors. The relationship between the two depends on how investors view the news, and most movements are anticipated by investors in advance. The stock market often acts as an indicator of how the public […]
Inventory turnover rate calculates how many times a company replaces its inventory to generate sales in a given period. It helps manage inventory levels and determine how much cash should be tied up in inventory. Calculating the rate allows a business to determine the smallest amount of inventory needed and how many times it needs […]
The Stock Market Crash of 1929 saw huge drops in US stock markets, beginning on October 24 and culminating on Black Tuesday, October 29. After the crash, stock prices continued to fall for three years, leading to the Great Depression. Rising stock values drew many Americans into the market, but despite concerns, many believed prices […]
Bar stock is a raw material used in metalworking or manufacturing. It consists of metal or plastic rods in various sizes and materials. It can be cut, shaped, or melted to make various products. The choice of material should be based on the specific needs of each project. Bar stock is a form of raw […]
MIA is a term used to describe a person whose whereabouts are unknown, commonly used for military personnel missing during war or missions. Reasons for going MIA include becoming a POW, being wounded or killed, or deserting. Identification techniques and search methods are improving, but families of missing personnel may never know what happened. Agencies […]
Gluten-free chicken broth is made without gluten, a protein found in wheat and other grains. It is available in various forms and can also be dairy and soy-free. Shoppers should still read the ingredients list, as some processed products may contain extra ingredients. Gluten-free chicken broth is chicken stock or chicken broth that doesn’t include […]
Chicken stock is a liquid used in cooking, made by boiling chicken with herbs and vegetables. Low-sodium chicken broth is a healthier option, with less than 6% of the recommended daily intake of sodium. Commercial versions can have high sodium content, so it’s important to check labels. Homemade broth can be made low-sodium by controlling […]
A stock clerk is an entry-level retail worker who takes inventory and arranges merchandise in a store’s stockroom. The job requires physical labor, and a drug test may be required. Good performance can lead to promotions and higher salaries. A stock clerk typically works in a grocery store, department store, or large “big box” store […]
Stock traders buy and sell shares for investment firms, brokerage firms, and financial institutions. They must hold a securities license and may receive commission or base salaries. Traders also work for mutual funds and arrange IPOs for privately held companies. Stock traders buy and sell shares or shares owned by publicly traded companies. Many trading […]
Chicken stock gravy can be made with a small amount of fat, a thickening agent, and added seasonings. The easiest way is to combine chicken stock with cornstarch and cook until thick. Leftover fat from cooked chicken can also be used, along with chicken stock and seasonings. Fresh ingredients are important for the best flavor. […]
Digital stock photos are available for use under license agreements, with varying fees and terms. Photographers can specialize in stock photography or license their work. Instant accessibility and lower costs are benefits, but originality may be a concern. Exclusive licenses are more expensive. A digital stock photo is an image file that is available for […]
A stock trader conducts transactions involving stocks and derivatives, often for publicly traded companies, and may use technical or fundamental analysis. They may work for a company or be self-employed, and need experience and a degree, as well as a license to work in the industry. In essence, a stock trader carries out various transactions […]
