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Voltas [8] is the largest air conditioning brand in India. It started manufacturing air conditioners in the 1960s under license from the Carrier Corporation. [9] Voltas produced India's first window air conditioner with DC-inverter-based variable-speed motors. [10]
Blue Star was founded in 1943 by Mohan T Advani as a reconditioning company. [4] [5] Soon after inception, Blue Star ventured into the manufacturing of ice candy machines and bottle coolers and began the design, execution of central air conditioning projects, followed by the manufacturing of water coolers.
An air conditioning system, or a standalone air conditioner, provides cooling and/or humidity control for all or part of a building. Air conditioned buildings often have sealed windows, because open windows would work against the system intended to maintain constant indoor air conditions.
Air conditioning can be achieved using a mechanical 'air conditioner' or by other methods, including passive cooling and ventilative cooling. [ 2 ] [ 3 ] Air conditioning is a member of a family of systems and techniques that provide heating, ventilation, and air conditioning (HVAC) . [ 4 ]
Cost plus fee: This contract provides payment for the contractor including the total cost of the project as well as a fixed fee or percentage of the total cost. This contract is beneficial to the contractor since any additional costs will be paid for, even though they were unexpected for the owner.
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In economics, average cost (AC) or unit cost is equal to total cost (TC) divided by the number of units of a good produced (the output Q): A C = T C Q . {\displaystyle AC={\frac {TC}{Q}}.} Average cost is an important factor in determining how businesses will choose to price their products.