Counting Scale

Categories: Operation and Production,

—a special scale used to determine quantities (rather than just weight). The basic scale function is the same as other types of scales, however a counting scale will have functionality to calculate a piece weight based on a sample and then use that piece weight to count product based on total weight. The basic process with a counting scale is to place an empty container on the scale, press the tare button to zero out the scale, count out a sample and place it in the container, tell the scale the size of the sample, count another sample to verify accuracy, then dump the rest of the product into the container to get the full count. I cover the use of counting scales in more detail in my book inventory Accuracy: People, Processes, & Technology

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Financial Industry Regulation Authority

Categories: Finance,

A regulatory body that resulted from merging the NASD and the NYSE regulatory committees. From the 2011 FINRA website, "The financial industry regulatory authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA’s mission is to protect America’s investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees nearly 4,535 brokerage firms, about 163,620 branch offices and approximately 631,640 registered securities representatives. FINRA touches virtually every aspect of the securities business—from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms. We also perform market regulation under contract for the major U.S. stock markets, including the new york stock exchange, nyse arca, NYSE Amex, The nasdaq stock market and the international securities exchange."

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Counting Scale

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Financial Industry Regulation Authority

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