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FOB Factory Denotes the Price of the Products at the Factory

question 177

True/False

F.O.b. factory denotes the price of the products at the factory. If the price is quoted as F.O.b. shipping, then shipping costs are paid by the seller.


Definitions:

Electric Brake

A device that uses electrical energy to apply mechanical resistance for slowing or stopping motion.

Servo Motor

A specialized motor designed to provide precise control of angular or linear position, velocity, and acceleration.

Control Valve

A valve used to regulate the flow of a fluid by varying the size of the flow passage as directed by a signal from a controller.

Derivative Action

In control systems, a component of a PID controller that predicts system behavior and acts proportionally to the rate of change of the error signal.

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