Labour | Types, Characteristics, Importance, and Efficiency
Introduction Labour is an important factor in production. Ordinarily, labor refers to that manual labour rendered to accomplish a given …
Micro Economics | Scope | Importance | Limitations
Introduction The term Micro has been borrowed from the Greek word, ‘Mikros‘ meaning small. However, it may not be misunderstood …
Privatization | Characteristics, Objectives, and Advantages
Privatization means different things, but it usually involves moving something from government control to private ownership. This can include selling …
Production Management | Objectives, Functions, Production Planning & Control
Introduction Production management is the practice of overseeing and controlling a company’s operations to efficiently create the goods and services …
Economic Laws | Types, Features or Nature
Introduction Like all other sciences, economics collects facts and undertakes systematic study. The facts are analyzed and conclusions are drawn. …
Display Devices | LCD, LED, Seven Segment, Sixteen Segment
Display Devices A display device serves as an output tool that visually conveys information. The display system is the ultimate …
Rotating Magnetic Field | Mathematical Analysis and Condition for Generation
Introduction A rotating magnetic field is a particular magnetic field created by using coils with multiple electrical phases (like three …
Demand Forecasting | Features, Uses, Purpose, and Methods
A forecast, particularly in the context of demand forecasting, is a prediction or estimation of a future event that is …
Starting and Speed Control Methods of 3-Phase Induction Motors
Introduction A three-phase induction motor has a kind of electrical “resistance” when it starts, which makes it draw too much …
Motor Braking | Types, Advantages, and, Applications
Introduction Electric braking provides a more consistent and controlled way to rapidly stop a running motor compared to mechanical braking, …
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