Examlex
Preventive maintenance is generally scheduled on the basis of:
I.historical records.
II.predetermined number of operating hours.
III.planned inspections.
Purchased
A term referring to items or services acquired by a company or individual, typically in exchange for money.
Finished Goods Inventory
Represents products that have completed the manufacturing process but have not yet been sold to customers.
Cost of Goods Sold
The direct costs attributable to the production of the goods sold by a company, including material and labor costs.
Raw Materials
Basic materials that are used in the production process to manufacture goods and products.
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