Whois & Analysis for bestbom.com

Automation describes a wide range of technologies that reduce human intervention in processes, mainly by predetermining decision criteria, subprocess relationships, and related actions, as well as embodying those predeterminations in machines.

Automation has been achieved by various means including mechanical, hydraulic, pneumatic, electrical, electronic devices, and computers, usually in combination.

Complicated systems, such as modern factories, airplanes, and ships typically use combinations of all of these techniques.

The benefit of automation includes labor savings, reducing waste, savings in electricity costs, savings in material costs, and improvements to quality, accuracy, and precision.

In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services.

A typical example is the machinery used in a factory.

At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year.".

Distribution is the process of making a product or service available for the consumer or business user who needs it, and a distributor is a business involved in the distribution stage of the value chain.

Distribution can be done directly by the producer or service provider or by using indirect channels with distributors or intermediaries.

Distribution (or place) is one of the four elements of the marketing mix: the other three elements being product, pricing, and promotion.