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-Refer to the above figure. is the supply curve that includes only private costs.
is the supply curve that includes social costs. From this figure we know that
Forging Process
A manufacturing procedure where metal is shaped by localized compressive forces, often through hammering or pressing.
Lower Control Limit
The lowest value on a control chart that signals the process variation if the data falls below it.
Compressive Strength
Compressive strength is a measure of the ability of a material to withstand loads tending to reduce size, typically expressed in pounds per square inch (psi) or mega pascals (MPa).
Center Line
A reference line in a chart or graph that represents the average or median of the data points.
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