The following image shows the Cisco ASR 1001 Router AC power supply standby switch.
Figure 216: Cisco ASR 1001 Router AC Power Supply Standby Switch
Cisco ASR 1001 Router Standby switch, which does not
disconnect power from the power source.
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Cisco ASR 1000 Series Router Hardware Installation Guide
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Cisco ASR 1001 Router Overview and Installation
Installing AC Input Power to Cisco ASR 1001 Router