Loss

• Loss of material is inherent during certain production processes.
• There are two types of material losses viz. (i) Normal Loss (ii) Abnormal Loss.
• Normal Loss: It is defined as the loss of material which is inherent in the nature of work. Such a loss can be reasonably anticipated from the nature of material, Nature of operation, the experience and technical data.
• Abnormal Loss: It is defined as the loss in excess of the pre determined loss. This type of loss may occur due to carelessness of workers, a bad plant design or operation etc.