Category: A

A hydrocarbon taken fro petroleum products that release a sweet odor. The common ones are benzene tolune, and xlene. They are used for solvents, additives, and feedstocks.

A fiber that gets hard with age and pollutes the environment with its fine particles. It causes illness and cancer. It is in ceiling tiles, insulation, patching compounds, shingles, paint, flooring, and

The cause and effect connection that is accepted. It is used in simulations. It can be dangerous if accepted without any real world proof. Refer to critical thinking and rule of thumb.

Data that reflects how a customer affects products and services offered. Surveys are used for this. Refer to demographic data.

Any iron that has carbon or facecentered crystaline structures. It is named after Sir W. C. Roberts Austen. Refer to martensite.

When auto manufacturers make a report of the montly sales. It shows how well the market is doing and are seasonally adjusted. The stock market may use this to curb spending habits.

Reinsurance that covers certain risks. Both parties must agree to this.

An extra item that is necessary for a machine to work.

The average quality expected of a product after it has been manufactured.

Merchandise that is valuable but is not freighted in that category.

To avoid a variable cost by taking a specific action. A fixed cost is not avoidable.

A price raise that occurs after a previous mark up. Done during christmas.

Also known as an adjustor, an employee of an insurance firm who examines a specific claim to determine the cost to the firm.

Parts needed before they can be used in production plans.

A witness who gives negative evidence against the party who called them as a witness. Refer to hostile witness.

The second hand market for parts to maintain equipment. Some are very large. AKA replacement market or secondary market.

A report describing the agency costs. The cost is usually incermental. If a client is in debt the cost is very low.

When one party convinces another to commit a crime getting that person arrested as well. Similar to accomplice.

Arranging the funds of a project so that more than one source of financing can be used.

A bill that is a receipt of goods and a contract to ship by air the goods. The terms and conditions are listed on it as well as a list of the