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Raw materials are used to produce basic metal and chemical products, which are then used to produce finished goods. For example Bauxite is the basic raw material used to make aluminum ingot, which is then remelted, alloyed, and cast into products as varied as aluminum pistons, beer cans, aluminum wheels and hoods for your car, or many parts in airplanes.

Crude oil is another raw material with varied used; when refined in a 'cracking tower', it produces products ranging from kerosine to gasoline to heavy fuel to petrochemicals.

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What is the formula for raw materials?

The formula for raw materials typically refers to the quantity and cost of materials needed for production. It can be expressed as: Raw Materials Cost = Quantity of Raw Materials × Unit Cost of Raw Material. This formula helps businesses calculate the total expense incurred in acquiring the raw materials required for manufacturing their products. Additionally, in a broader context, raw materials can be categorized based on their types or sources, such as natural resources or processed inputs.


What is the ratio of raw materials to product called?

The ratio of raw materials to product is called the material yield ratio. It measures the efficiency of converting raw materials into finished products.


How are marketing process carry out for eg like raw materials what are the raw materials used in production and marketing and meaning of raw materials?

In the context of marketing, raw materials are elements or resources that are used to create a product or service. In the marketing process, raw materials can refer to data, content, imagery, or physical components that are essential for creating marketing materials such as advertisements, brochures, and social media content. Identifying, sourcing, and utilizing these raw materials effectively is crucial for developing successful marketing campaigns and strategies.


Are raw materials and product the same?

No. Raw materials are the materials that make up the product before anything is done to them; i.e. they are the materials that you start with. So for example, if I wanted to make a cake, the flour, sugar and eggs would be the raw materials; and the cake would be the product.


What are the different raw materials?

Raw materials: glucose and oxygen Products: carbon dioxide and water And, of course, energy.

Related Questions

What is the cost of building a car - the raw materials only?

I'm not sure but I was told it's $2000 for the materials and $4000 for labor and employee benefits.


What is the antonym for raw materials?

Raw materials


What are the benefits of a backward linkage?

there is reduced dependence on imported goods since local suppliers provide the raw materials for the producers.


What are raw materials of photosynthesis are?

the raw materials are water and carbon dioxide


What are the benefits of backward linkage in a business?

there is reduced dependence on imported goods since local suppliers provide the raw materials for the producers.


What are the benefits of choosing a raw aluminum bike over other materials for cycling enthusiasts?

Choosing a raw aluminum bike offers benefits such as being lightweight, durable, and affordable compared to other materials. Aluminum bikes provide a smooth ride, are resistant to rust, and are easy to maintain, making them a popular choice for cycling enthusiasts.


What are the raw materials for photosynethesis?

Water and Carbon dioxide are the raw materials in Photosynthesis


What are the Raw materials of silk pillows?

The raw materials that are made out of silk are polyster.


What are the raw materials use in food preservation?

what are the raw materials in food preservation


What are the materials that are made in a chemical reaction in photosynthesis?

We call them raw materials. Raw materials are H2O and CO2.


How can you describe raw materials?

Raw materials are materials that are used in the productions of goods and materials. They are the very basic materials and are feedstock for finished products.


What countries benefit from fair trade?

The trade fair benefits the LEDCs because they provide us with raw materials at very cheap rates.