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What Is the Payback Method and How Is It Used

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What is the payback method and how is it used?


Definitions:

Normally-open

Refers to a switch or valve that is in an open state, allowing passage or flow, when not actuated.

Energized-to-run

A condition where equipment needs electrical power applied to start operating.

Torque

A measure of rotational force, indicating the power an engine or motor generates to turn a shaft or wheel, crucial in determining a vehicle's acceleration and load-carrying capacity.

Output Split

Output Split is a term used in powertrain technology to describe a method of distributing power output between different pathways or components, such as in hybrid vehicles.

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