Shrinkage

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Shrinkage

Discrepancy between a firm's actual inventory and its recorded inventory due to theft, deterioration, loss, or clerical problems.

Shrinkage

A reduction in inventory due to a loss, theft, deterioration, or accounting error. Deterioration is a normal part of trading perishable goods. For example, a grocery store selling milk will likely experience shrinkage due to some of the milk spoiling. Shrinkage can be a tax write-off for the company experiencing it.

shrinkage

The loss of inventory encountered in the regular course of business. A firm engaged in transporting grain can expect to lose part of its product to weather, careless handling, and various other factors.
References in periodicals archive ?
[[beta].sub.t] ([B.sub.max3]) = coefficient of tangential shrinkage of wood,
The characteristics of tangential shrinkage stresses of wood from drying under high temperature and high pressure superheated steam were investigated.
The reasons could be the fact that specimens near the pith have larger annual ring curvatures and a higher tangential shrinkage when comparing it to mature wood.
Both the volumetric and tangential shrinkage of sawn timber correlated significantly with basic density (p = 0.000) and weight density of dried timber (p = 0.000) (Table 3).
Radial and tangential shrinkage ranged from 3.17 to 4.30 percent and from 6.64 to 9.11 percent, respectively.
Tests of wood density, radial and tangential shrinkage, compression strength parallel to grain, bending strength, modulus of el asticity (MOE), and impact bending were carried out at 23[degrees]C [+ or -] 2[degrees]C and 65 percent ([+ or -] 5%) RH based on Turkish Standards (TSE) (31).
Greater MC, abnormally high radial and tangential shrinkage, and lower tension strength perpendicular to the grain were characteristics of wetwood-affected trees in Mississippi and South Carolina.
The combined effects of radial and tangential shrinkage can distort the shape of wood pieces because of the difference in shrinkage [5].
A reduction of tangential shrinkage by the RF/V drying process was higher than that in radial shrinkage, and the difference between tangential and radial shrinkage, therefore, represents a very low value.