Technician A says that a range shift is used to select high or low gear ratios within the transfer case is true while Technician B is false.
What is this shift about?A range shift is known to often take place when there is either high or low speed ratio of the given transfer case that is known to be selected.
Note that A range shift arrangement is known to be seen for moving a gear reduction unit that is found between a low-range operating speed and also that of a high-range operating speed.
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A company intends to market a new product and it estimates that there is a 20% chance that it will be first in the market
and this will give 2 million dollar revenue in its first year. However, if it is not the first in the market it will only be .5 million.
What is the EMV?
The EMV - Ending Market Value is given as:
$2,400,000.
The EMV is given as:
BMV x (i + r); Where
BMV is the Beginning Market Value; and
r is the interest rateor percentage given.
Hence the EMV = 2,000,000 x ( 1 + 20%)
= 2,000,000 x 1.2
= $ 2, 400,000.
It is to be noted that the BMV is the Beginning Market Value which is the value of an investment at the start of the business period.
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