Examlex
Define each of the symbols and explain the meaning of M
V = P
Y.
Unfit for Use
Refers to a condition where an item, equipment, or facility is not suitable or safe for its intended purpose.
Material Handling Expenses
Costs incurred in the process of moving, protecting, storing, and controlling materials and products throughout manufacturing, warehousing, distribution, consumption, and disposal.
Scrap Collection
The process of gathering waste materials or unwanted products for recycling or disposal.
Handling of Scrap
The management, processing, and recycling or disposal of waste materials or defective products produced by manufacturing processes.
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