industrial goods classification

These are goods that are used for manufacturing the product and used as an input.

• capital items

• business services

• material and parts

Material and parts are further classified as

• Raw material and manufactured material and parts

• equipment and installation

• operating supplies and maintenance services

Raw material can be further classified as

• agri product and natural product

• capital items and equipment

• business services

_______are renewable as they involve agricultural production. The______ products are very often limited and often available in great bulk and low unit value.

• convenience and specialty

• farm and natural

• capital items and equipment

glass, iron, plastic are examples of

• component material

• component part

• material and part

Further fabrication from aluminum, pig iron to steel and cloth from yarn is an example of

• Component part

• component material

• farm products

_______ enter the final product without being changed or modified.

• component material

• component part

• capital items

They are the goods used in producing the finished goods.

• Material and parts

• business services and operating supplies

• capital items

Capital items are further classified into :

• Installation and supplies

• Installation and equipment

• Equipment and computers

Equipment’s include:

• mainframe computers

• hand tools,laptop,desktop

• machinery