Examlex
Project analysis, beyond simply calculating NPV, includes the following procedures:
I.sensitivity analysis;
II.break-even analysis;
III.Monte Carlo simulation;
IV.scenario analysis
Physical Contact
The direct touching or connection between objects or components, often relevant in switches, sensors, and electrical circuits.
Electromechanical Relay
A switch operated by an electromagnet to open or close one or many sets of contacts, used in control systems.
Electromagnetism
The branch of physics concerned with the interaction of electric currents or fields and magnetic fields.
Fiber Optic Sensor
A sensing device that uses light guided through fibers to detect changes in a parameter, such as temperature or pressure.
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