Crop Care Pesticides Store Officer Interview Questions, Process, and Tips

There are several types of valves used in various industries, each serving a specific purpose.

• Gate valve - used to fully open or close the flow of fluid

• Ball valve - uses a rotating ball to control flow

• Check valve - allows flow in one direction only

• Butterfly valve - uses a disc to control flow

• Needle valve - used for precise flow control

There are mainly three types of bearings: ball bearings, roller bearings, and plain bearings.

• Ball bearings: used in applications with light loads and high-speed rotation.

• Roller bearings: used in applications with heavier loads and lower speeds.

• Plain bearings: used in applications where there is no relative motion between parts.

FIFO stands for First In, First Out. It is a method of inventory management where the oldest stock is used or sold first.

• FIFO ensures that the oldest inventory items are used first before newer items.

• It helps in reducing the risk of inventory obsolescence.

• FIFO is commonly used in industries like food, pharmaceuticals, and manufacturing.

• Example: If a store follows FIFO, the products purchased first will be sold first.

LIFO stands for Last In, First Out. It is a method of inventory valuation where the last items purchased are the first ones sold.

• LIFO assumes that the most recently acquired items are sold first

• This method is commonly used in industries where the cost of inventory is increasing over time

• LIFO results in lower taxable income during periods of inflation

• Example: If a store purchases 100 units of a product at $10 each, then...read more

Last in First Out (LIFO) is a method of inventory management where the last items added to inventory are the first ones to be used or sold.

• LIFO is commonly used in industries where products have a limited shelf life, such as food or pharmaceuticals.

• It can help reduce the risk of obsolescence by ensuring that older inventory is used first.

• LIFO can also have tax implications for businesses, as it can affect the cost of g