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  2. George Daniels (watchmaker) - Wikipedia

    en.wikipedia.org/wiki/George_Daniels_(watchmaker)

    George Daniels, CBE, FBHI, FSA, AHCI (19 August 1926 – 21 October 2011) was an English horologist, inventor of the coaxial escapement, author and a classic car collector. [ 1 ] He hand built 23 pocket watches and two wrist watches, as well as clocks.

  3. Replacement value - Wikipedia

    en.wikipedia.org/wiki/Replacement_value

    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 ...

  4. Interchangeable parts - Wikipedia

    en.wikipedia.org/wiki/Interchangeable_parts

    Ward Francillon, a horologist, concluded in a study that Terry had already accomplished interchangeable parts as early as 1800. The study examined several of Terry's clocks produced between 1800–1807. The parts were labelled and interchanged as needed. The study concluded that all clock pieces were interchangeable.

  5. Michael Pearson (horologist) - Wikipedia

    en.wikipedia.org/wiki/Michael_Pearson_(horologist)

    Michael Pearson (1936–2017) was an acknowledged expert on Kent clocks and clock-making. [1] He was born in Kent, England and educated at Dartford Grammar School.He served National Service with the Intelligence Corps, following which he returned to the private sector, working in sales, marketing and advertising.

  6. Parts Manufacturer Approval - Wikipedia

    en.wikipedia.org/wiki/Parts_Manufacturer_Approval

    For example, the CAR 3 authority for modification and replacement parts could be found in section 3.18 after 1952. In 1955, the Civil Aeronautics Board separated the parts authority out of the airworthiness standards, and placed it in a more general location so that one standard would apply to replacement and modification parts for all ...

  7. Historical cost - Wikipedia

    en.wikipedia.org/wiki/Historical_cost

    measuring profit on sale of inventory by reference to its replacement cost. If inventory with a historical cost of $100 is sold for $115 when it costs $110 to replace it, the profit recorded would be $5 only based on replacement cost, not $15; charging economic rent for assets, particularly property. If a business uses a 20-year-old property ...

  8. Non-recurring engineering - Wikipedia

    en.wikipedia.org/wiki/Non-recurring_engineering

    Non-recurring engineering (NRE) cost refers to the one-time cost to research, design, develop and test a new product or product enhancement. [1] When budgeting for a new product, NRE must be considered to analyze if a new product will be profitable. Even though a company will pay for NRE on a project only once, NRE costs can be prohibitively ...

  9. Field-replaceable unit - Wikipedia

    en.wikipedia.org/wiki/Field-replaceable_unit

    3.5" Floppy disk drive by Alps Electric with FRU number A field-replaceable unit (FRU) [1] is a printed circuit board, part, or assembly that can be quickly and easily removed from a computer or other piece of electronic equipment, and replaced by the user or a technician without having to send the entire product or system to a repair facility.

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