Industrial Engineering Essay Example | Topics and Well Written Essays - 2250 words

industrial Engineering - Essay Exampleess and set out its advantages and disadvantages d) touch on a comparison between the casting and powder metallurgy processes 2- Manufacturing Steps 2-1 Raw Materials 2-1-1 Raw materials comment Raw materials atomic number 18 used in industries as a starting material or reactant to piss overlaps. According to Oxford dictionary, a crude(a) material is the basic material from which a product is made. These materials are often natural resources such as embrocate, iron and wood but some time it whitethorn also be synthetic resources well. 2-1-2 Types of novel materials There are various types of raw material among them five different main types of raw material are following A. Fossil fuels (oil, natural gas, gasoline, etc) B. Precious metals (gold, silver, etc) C. Industrial metals (copper, iron, etc) D. Agricultural products (wheat, coffee, cotton, etc) E. Animal husbandry (pork bellies, cattle, etc) 2-1-3 How it send word be used The pro perties of raw materials can vary greatly and it count on upon the availability (season and storage) of raw material. Todd et al (1994, Pp. 36-42) claims that various raw materials can be similar to from each one other in their correlation, and differ in the inflation rate depend upon the demand and availability. The investors probably oil and gold are among the most sought after raw materials. To suffer a little firing into the darkness, we want to give below an overview of the various types of raw materials. We know that to make a company to a greater extent profitable is to increase the sales price, but to manage cost efficiently, which in conclusion depend the final take account of the product. In addition, Degarmo et al (2003 Pp. 123-132) argue that the cost and quality of the final product depends largely on raw material. Raw material are a part of the most burning(prenominal) aspects of a company and the... The properties of raw materials can vary greatly and it depend upon the availability (season and storage) of raw material. Todd et al claims that various raw materials can be similar to each other in their correlation, and differ in the inflation rate depend upon the demand and availability. The investors probably oil and gold are among the most sought after raw materials. To bring a little light into the darkness, we want to give below an overview of the various types of raw materials.We know that to make a company more profitable is to increase the sales price, but to manage cost efficiently, which ultimately depend the final value of the product. In addition, Degarmo et al argue that the cost and quality of the final product depends largely on raw material. Raw material are a part of the most important aspects of a company and the their cost. So the way forward is to be more efficient in managing costs.