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____________ Is the Reduction in Toughness Due to a Metallurgical

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____________ is the reduction in toughness due to a metallurgical change that can occur in some low alloy steels as a result of long-term exposure in the temperature range of about 650º F to 1100º F.


Definitions:

Raw Material Inventory

The total stock of basic materials awaiting processing into finished goods within a manufacturing or production facility.

Finished Goods Inventory

The stock of completed products that are ready to be sold but have not yet been sold.

Predetermined Overhead Rate

A rate used to allocate overhead costs to products or services, based on estimated costs and activity levels.

Applied Overhead

Costs related to production that are not directly tied to a specific product but allocated based on a formula or measure.

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