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Name One of the Earliest Machine Tools Used to Cut

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Short Answer

Name one of the earliest machine tools used to cut material by turning cylindrically shaped objects. The material to be turned is held between two rigid supports, called centers, or in a holding device called a chuck or collet.


Definitions:

Net Annual Cash Inflow

The difference between the total cash inflows and outflows of a business over a one-year period.

Internal Rate of Return

A metric used in finance to estimate the profitability of potential investments, calculating the rate of return where the net present value of all cash flows is equal to zero.

Cash Inflows

Funds entering a business from various sources like sales, financing, and investments.

Minimum Required Rate

The lowest rate of return or yield that an investor expects or requires from an investment.

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