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A cost index is the ratio of the actual price in a time period compared to that in a selected base period (a defined point in time or the average price in a certain year), multiplied by 100. Raw materials, products and energy prices, labor and construction costs change at different rates, and plant construction cost indexes are actually a ...
A compression fitting 15 mm isolating valve. A compression fitting is a fitting used in plumbing and electrical conduit systems to join two tubes or thin-walled pipes together. . In instances where two pipes made of dissimilar materials are to be joined (most commonly PVC and copper), the fittings will be made of one or more compatible materials appropriate for the connect
When an index has been normalized in this manner, the meaning of the number 112, for instance, is that the total cost for the basket of goods is 4% more in 2001 than in the base year (in this case, year 2000), 8% more in 2002, and 12% more in 2003.
Grease fitting on a bearing A grease nipple on the driver's door of a 1956 VW Beetle. A grease fitting, grease nipple, Zerk fitting, grease zerk, Alemite fitting, or divit is a metal fitting used in mechanical systems to feed lubricants, usually lubricating grease, into a bearing under moderate to high pressure using a grease gun.
An electric wire ferrule (sometimes electric end terminal) is a metal tube crimped over stranded wire to secure the strands within a screw terminal. Electrical insulation may be included to protect any exposed portion of the wire not completely inside the screw terminal post.
The upstream capital costs index (UCCI), formally known as IHS/CERA upstream capital costs index, is a proprietary index of the rate of inflation seen in the costs associated with the construction of a global portfolio of 28 upstream oil and gas projects.