Engineering:FOAK

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FOAK is an acronym for First of a Kind. It is used in engineering economics where the first item or generation of items using a new technology or design can cost significantly more than later items or generations, which are called NOAK an acronym for nth of a kind.[1]

References

  1. ↑ "NOAK - NTH of a Kind". https://www.abbreviations.com/term/1516384/nth-of-a-kind. 

See also




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