Contribution margin is a measure of operating leverage: the higher the contribution margin is (the lower variable costs are as a percentage of total costs), the faster the profits increase with sales.
What is a snap switch also known as Snap Disc or snap action thermostat? Snap Disc, or snap switch thermostats are bimetal mechanical thermostats that function via the thermal expansion and contraction of a bimetal disc that âsnapsâ from a convex to a concave shape at a set temperature. When the disc âsnapsâ, it either completes or interrupts a circuit.
A network switch is a computer networking device that connects devices together on a computer network by using packet switching to receive, process, and forward data to the destination device. A network switch is a multiport network bridge that uses hardware addresses to process and forward data at the data link layer of the OSI model. Some switches can also process data at the network layer by additionally incorporating routing functionality. Such switches are commonly known as layer-3 switches