What are the factors affecting the intensity of rivalry in the industry in which your company is competing?

What are the factors affecting the intensity of rivalry in the industry in which your company is competing? A number of structural factors can affect industry rivalry: Numerous or equally balanced competitors. Slow industry growth. High fixed or storage costs. Lack of differentiation or switching costs. Capacity increased in large increments. Diverse competitors. High strategic […]

What is single point and multi point cutting tool?

What is single point and multi point cutting tool? Single point cutting tools contain only one main cutting edge in the cutter body. Multi point cutting tools contain more than one (even up to hundreds) cutting edges in the cutter body. While machining with multi point cutting tool, more than one cutting edges simultaneously engage […]

What is the purpose of JIT?

What is the purpose of JIT? Just-in-time (JIT) inventory is a stratagem that manufacturers utilize to increase efficiency and decrease waste by receiving goods only as they are needed in the manufacturing process, thereby reducing the cost of inventory. Importantly, manufacturers must forecast their requirements accurately. What JIT means? Just-in-time also known as JIT is […]

What is a pound of thrust?

What is a pound of thrust? Thrust is measured in “pounds of thrust” in the U.S. and in newtons in the metric system. 4.45 newtons of thrust equals 1 pound of thrust. A pound of thrust is how much thrust it would take to keep a one-pound object unmoving against the force of gravity on […]

What is the Maxwell model of viscoelasticity?

What is the Maxwell model of viscoelasticity? The Maxwell model predicts that stress decays exponentially with time, which is accurate for most polymers. One limitation of this model is that it does not predict creep accurately. The Maxwell model for creep or constant-stress conditions postulates that strain will increase linearly with time. Why are polymers […]

Is rate of decay constant?

Is rate of decay constant? The rate of decay remains constant throughout the decay process. There are three ways to show the exponential nature of half-life. What is a rate of decay? The rate of decay is often referred to as the activity of the isotope and is often measured in Curies (Ci), one curie […]

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