Industrial Processes

Continuous Production
Continuous production is a manufacturing process where raw materials are constantly fed into the production system to create a standardized product.
Mechanization
Mechanization refers to the process of performing tasks using machines, mechanical equipment, or mechanical aids. Unlike automation, mechanization does not typically include self-correcting feedback mechanisms.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.