Download Kramer Electronics FC-5000 User's Manual
Transcript
.UDPHU(OHFWURQLFV/WG 86(50$18$/ 6WDQGDUGV&RQYHUWHU7%& 0RGHO )& ,03257$17%HIRUHSURFHHGLQJSOHDVHUHDGSDUDJUDSKHQWLWOHG 8QSDFNLQJDQG&RQWHQWV .5$0(5(/(&7521,&6/7' 7DEOH2I&RQWHQWV 6HFWLRQ 1DPH ,1752'8&7,21 *HQHUDO,QIRUPDWLRQ 813$&.,1*$1'&217(176 0$,166833/< 23(5$7,21 2QVFUHHQ*UDSKLFV'LVSOD\ ,13876 ,138767$1'$5' 6LJQDO3URFHVVLQJ 28738767$1'$5' *HQORFNLQJ )UHH]HILHOGIUDPH 7(673$77(516 )$'(5 *3,UHPRWHFRQWURO 26'0HQXV 3,&785($'-8670(176 9,'(2352&(66,1* &2/25&255(&7,21 0,6&(//$1(2866(783 ,1387VHWXS 287387VHWXS /2&.02'(VHWXS 0HPRU\&RQWURO 63(&,),&$7,216 26'0(186 (&'(&/$5$7,212)&21)250,7< 3DJH .5$0(5(/(&7521,&6/7' ,1752'8&7,21 7KH )& PXOWLVWDQGDUG 7%& KDV EHHQ GHVLJQHG IRU JHQHUDOSXUSRVH YLGHR SURFHVVLQJ DQG FDQ VWDELOL]H FRUUHFW DQG VWDQGDUGV FRQYHUW FRPSRVLWH &9%6 DQG <& VLJQDOV $ VHFRQG FKDQQHO RQVFUHHQ JUDSKLFV GLVSOD\ PHQX26'LVSURYLGHGIRURQOLQHFRQWURORIWKHV\VWHP7KH)&LV HQWLUHO\ VRIWZDUH GULYHQ HQVXULQJ WKDW XSJUDGHV DQG LPSURYHPHQWV FDQ EH HDVLO\XQGHUWDNHQ *(1(5$/,1)250$7,21 8QSDFNWKHSURGXFWFDUHIXOO\DQGUHWDLQDOOSDFNDJLQJLQFDVHWKH)&LV UHWXUQHGIRUVHUYLFLQJRUXSJUDGLQJ &ODLPVZLOOQRWEHDFFHSWHGDVUHVXOWRIGDPDJHWRWKH)&ZKHQEHLQJ UHWXUQHGGXHWRSRRURUXQVXLWDEOHWUDQVLWSDFNLQJ 8QSDFNLQJ$QG&RQWHQWV 7KHLWHPVFRQWDLQHGLQ\RXU.UDPHU6WDQGDUGV&RQYHUWHU7%&SDFNDJHDUH OLVWHGEHORZ c)&PDLQUDFN c0DLQVOHDG c,QVWUXFWLRQPDQXDO c5*%RXWSXWFDEOHZKHQFRPSRQHQWRXWSXWILWWHG 0DLQVVXSSO\ 7KH)&FDQRSHUDWHRQDVXSSO\YROWDJHEHWZHHQDQG9+] $&ZLWKRXWDGMXVWPHQW7KH)&PDLQVOHDGLVVXSSOLHGZLWKLQWKH8. ZLWK D PROGHG IXVHG DPS PDLQV FRQQHFWRU ZKLOVW H[SRUW YHUVLRQV DUH VXSSOLHGZLWKRXWSOXJ*UHDWFDUHVKRXOGEHWDNHQWRUHSODFHWKHIXVHRQERWK WKH)&PDLQVLQOHWDQGSOXJZLWKWKHVDPHW\SHDQGUDWLQJLIWKLVVKRXOG EHQHFHVVDU\)&UHDUSDQHOIXVHPP$DQWLVXUJHW\SH 23(5$7,21 2QVFUHHQJUDSKLFVGLVSOD\)&26'PHQXV#SDJH 7KH µRQVFUHHQ GLVSOD\¶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µWZLWWHU¶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c3,&785($'-8670(176 c9,'(2352&(66,1*:,7+12,6(5('8&7,21 c&2/285&255(&7,21 c0,6&(//$1(2866(783 c,13876(783 c2873876(783 c/2&.02'(6(783 c0(025<&21752/ c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µWZLWWHU¶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´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±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