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The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
The concept of brake pads or disc brakes as an alternative to drum brakes had been around at least as early as a patent by F. W. Lanchester in 1902. [2] However, due to high cost and inefficiencies compared to drum brakes they were not commonly implemented until after World War II. [3]
The brake lining is that part of the brake pad which actually contacts the metal brake disc (rotor) when the brake is engaged. Using a typical bicycle brake as an example, the backing would be the metal shell which provides mechanical support, and the lining would be the rubbery portion which contacts the rims when the brakes are applied.
Drum brakes generally can be found on older car and truck models. However, because of their low production cost, drum brake setups are also installed on the rear of some low-cost newer vehicles. Compared to modern disc brakes, drum brakes wear out faster due to their tendency to overheat.
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