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The Fostoria Shade and Lamp Company was the largest manufacturer of glass lamps in the United States during the early 1890s. It began operations in Fostoria, Ohio , on May 17, 1890. The plant was run by Nicholas Kopp Jr., a former chemist at Hobbs, Brockunier and Company in West Virginia .
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The life span of an arc lamp averages 2000–5000 hours and the replacement cost for these range from $99 – 350, depending on the brand and model. Newer generations' units use LEDs or lasers which effectively eliminate this issue, although replacement LED chips could potentially be required over the extended lifespan of the television set.
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 ...
For example, if your coverage limit was up to $200,000, but the cost of rebuilding your home is $250,000, an extended replacement cost endorsement that covers up to 25 percent more than the policy ...
For example, if the replacement cost — not the amount that you paid for it originally, but the amount it would cost to replace it today — for your roof is $20,000, but the roof loses 5 percent ...
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