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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 most common plumbing fixtures are: Bathtubs; Bidets; Channel drains; Drinking fountains; Showers; Sinks; Tap (connections for water hoses) . Tapware - an industry term for that sub-category of plumbing fixtures consisting of tap valves, also called water taps (British English) or faucets (American English), and their accessories, such as water spouts and shower heads.
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Delta Faucet Company is a division owned by Masco, which was founded in Detroit in 1929 by Armenian immigrant Alex Manoogian.In 1952, an eager inventor brought Manoogian his latest invention, a one-handled faucet that mixed both hot and cold water with a ball-valve.
The cost for this efficiency improvement ranges from $10 per faucet to as much as $150 depending on the style selected. Smart faucets offer another option to reduce water use.
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