A market in which goods can easily be secured and in which theeconomic forces of business tend to cause goods to be priced at the purchaser's estimate of value.
A material of value produced as a residual of or incidental to the production process. The ratio of by-product to primary product is usually predictable. By-products may be recycled, sold as-is, or us ed for other purposes. See: co-product....
The determination of usage of components or ingredients in a manufacturing process by multiplying the receipt quantity of a parent by the quantity per of each component or ingredient in the bill or re cipe, accommodating standard yields....