...-Lease vs. buy decision? Capital equipment is necessary for Granny’s Greenhouse to operate, the actual greenhouse. The greenhouse will have its own heating and cooling features to maintain a steady growing temperature. The cooling system works by running water down the glass panes that have fans blowing air on the water to evaporate, thus cooling the interior. (Priest, 2013) Additional equipment will include computers, pumps, tanks, etc. The total cost is $150 thousand financed at 6% which will fall under an operating budget expense. The financing is a 5 year lease with a zero buyout at the end; which is essentially a loan because even though it is structured as a lease, Granny’s Greenhouse will own the equipment at the end of the lease. (Priest, 2013) A net present value analysis was not conducted to make this decision. Necessity and high margins has given the owner and the bank reason to finance the equipment. However, Section 179 was the deal maker. Part of the “fiscal cliff” bill recently passed included the extension of Section 179 Deduction limits. (The section 179 deduction, 2013) Under Section 179 businesses can depreciate the purchase of capital equipment up to $2 million. (The section 179 deduction, 2013) This is a huge deduction and makes the deal an obvious one. -Do you require new personnel? Additional personnel will be necessary for Granny’s Greenhouse. Jobs will include a Greenhouse Technician, a yearly laborer and a seasonal laborer. The...
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...De Montfort University Design of a rotor blade for axial flow turbomachine ENGD3036 Plant Analysis and Sustainability Student number: P15235891 Student name: Haotian, Wu 10th of January, 2016 Lecturer: Professor Udai Singh Contents Abstract 1.0 Introduction ........................................................................................1 2.0 The plot of the blade ..........................................................................2 2.1 Data ..............................................................................................2 2.2procedure .......................................................................................3 3.0 The leading edge and trailing edge .....................................................5 4.0 Calculation of stagger angle at mid-height .........................................7 5.0 Discussion about calculation errors in design ....................................9 6.0 Realistic representation of the stage ..................................................12 7.0 Discussion about generation and effects of ‘shock’ ..........................14 7.1 The generation of the ‘shock’ ......................................................14 7.2 The effect of the ‘shock’ ..............................................................15 8.0 Stress pattern with a tangential load ..................................................16 8.1 3-D model creating ..........................................................
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...FIN 535 – International Finance COURSE DESCRIPTION Presents international financial tools, applications, and concepts used in formulating effective financial management strategies. Examines fundamental international financial relationships and transactions among firms, foreign exchange rate determination and forecasting, foreign exchange risk and exposure, balance of payment accounting, and evolution of the international monetary system. Analyzes special topics such as working capital management strategies, capital budgeting, cost of capital, and optimal capital structure in the context of international operations. INSTRUCTIONAL MATERIALS Required Resources Madura, J. (2012). International financial management (11th ed.). Mason, OH: South-Western, Cengage Learning. Supplemental Resources Al Nasser, O.M. (2010). How does foreign direct investment affect economic growth? The role of local conditions. Latin American Business Review 11, 111-139. Kornecki, L. & E. M. Ekanayake. (2011). Inward FDI stock in the U.S. economy and state based determinants. Advances in Management, 4(6), 13-24. Ranjan, V. & Agrawal, G. (2011). FDI inflow determinants in BRIC countries: A panel data analysis. International Business Research, 4(4), 255-263. United Nations. (2011). Foreign Direct Investments in LDCs: Lessons learned from the decade 20012010 and the way forward. United National Conference on Trade and Development. COURSE LEARNING OUTCOMES 1. Compare multinational financial management...
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...Institute of Management Technology, Nagpur PGDM 20010-12 International Financial Management Session 4& 5 / Class discussion / 6th & 10thJuly ‘11 All IFM students of PGDM are required to come prepared for a class discussion and participation exercise planned for the week as below: 6th Jul ’11 - Session 4 We conclude the previous topic Globalization & Multinational Business Finance including the Discussion Note: Managing for Value - Yahoo’s Decision to Expand internationally / Finance function in a global corporation; Case study: Ranger Supply Company; and start with, Topic 2 International Financial System, BoP and Foreign Exchange Markets- Government Policies Managing for Value: Impact of Trade Policies on Firm; and How Yahoo!is exposed to Exchange Rate Systems and Intervention. Case study: MapleLeaf Paper Co., Self-evaluation Exercises: Applications: Point Counter-point; Blades Inc. Case; and Small Business Dilemma Readings: Topic 2 & 6 from Jeff Madura; & Topic 2 from Readings in IFM Handout) 10th Jul ‘11 – Session 5 We conclude Topic 2A International Financial System & Government policies; and introduce: Topic 3 International Financial Markets: Foreign Exchange Markets. Discussion Note 1: Managing for value – Intel’s currency trading; 2. Foreign Exchange Markets - Don’t Blame Speculators for Falling Currencies!? Self-assessment: Blades Inc.& Small Business Dilemma. Readings: Topic 3 from Jeff Madura; & Topic 3 from Readings in IFM Handout) ...
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...whether the amount of blades on a pinwheel affects the amount of times the pinwheel will spin Hypothesis: More blades on a pinwheel will make it spin more than a pinwheel with fewer blades. Equipment: * 5 pins * 5 pencils * Scissors * 5 sheets of paper * Ruler * Pen * Utility knife * Electric fan Variables Independent Variables: The amount of blades on the pinwheel Dependant Variables: The amount of times the pinwheel spins Controlled Variables: -Pinwheel size -Angle blown -Amount of air blown with -Placing -Natural Wind -Type of paper -Type of pin Pinwheel Template 5-Bladed Pinwheel Template 5-Bladed Pinwheel Template 3-Bladed Pinwheel Template 3-Bladed Pinwheel Template 4-Bladed Pinwheel Template 4-Bladed Pinwheel Template 44 2-Bladed Pinwheel Template 2-Bladed Pinwheel Template 6-Bladed Pinwheel Template 6-Bladed Pinwheel Template Diagram for method: Fan Fan Pinwheel Pinwheel Method 1. Gather Materials 2. Make the pinwheels with the templates provided 3. Set up experiment like diagram 4. Blow the pinwheel for 2 seconds with the fan 5. Record the amount of time it spins 6. Repeat steps 4-5 for each pinwheel 3 times to get an average Results | 1st try | 2nd try | 3rd try | Average | Amount of Blades (blades) | Times spun | Times spun | Times spun | Times spun | 2 Blades | 2 | 1 | 1 | 1+1/3 | 3 Blades | 3 | 3 | 3 | 3 | 4 Blades | 4 | 4 | 4 | 4 | 5 Blades | 2 | 2 | 2...
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...is a smaller simpler version of a helicopter. The rotocopter displays two simple blades that are re shaped into a rectangle a circle and a triangle as the experiment is conducted. These results allow us to determine how the blade shape affects a rotocopter’s flight time. Although the helicopter looks to be complex and maculate the helicopter and the rotocopter have many similarities. Such as each depending on rotors and how the rotors are designed. The aircraft in its self is one of the most crucial part that a rotocopter requires. There are a large variety of designs to suit the conditions of the flight, and it absolutely vital the design meets the requirements needed for flight. Examples include the rotocopters...
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...University of Notre Dame Mendoza College of Business Department of Finance FIN 70500 – Multinational Financial Management Module 1, Fall, 2006 |Instructor: |Jerry G. Langley |Phone: |Office - (574) 631-6078 | | Office: |262 MCOB | |Home - (574) 234-1191 (before10PM) | |E-mail: |Jerry.Langley.3@nd.edu | | | | Office hours: I’m in my office most of the week, so stop by or call and set up a time to see me. | COURSE OBJECTIVES This course covers various aspects of the international side of finance, including organizational issues that impact the financial decision-making process. After an overview of the international financial environment companies operate in, we will learn how they organize themselves to do business internationally, the impact of volatile exchange rates and how they can be measured and managed to minimize effects on economic and reported results. In addition to looking at the theoretical underpinnings of international finance, we will also cover the practical side of financing decisions – how corporations actually use these tools to manage the potential impacts on their business that come from operating around the world. We’ll also...
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...Correcting a Balance of Trade Deficit Limitations of a Weak Home Currency Solution International Capital Flows Distribution of DFI by U.S. Firms Distribution of DFI in the U.S. Factors Affecting Direct Foreign Investment Factors Affecting International Portfolio Investment Agencies that Facilitate International Flows How Trade Affects an MNC’s Value Chapter Theme This chapter provides an overview of the international environment surrounding MNCs. The chapter is macro-oriented in that it discusses international payments on a country-by-country basis. This macro discussion is useful information for an MNC since the MNC can be affected by changes in a country’s current account and capital account positions. Topics to Stimulate Class Discussion 1. Is a current account deficit something to worry about? 2. If a government wants to correct a current account deficit, why can’t it simply enforce restrictions on imports? 3. Why don’t exchange rates always adjust to correct current account deficits? POINT/COUNTER-POINT: Should Trade Restrictions be Used to Influence Human Rights Issues? POINT: Yes. Some countries do not protect human rights in the same manner as the U.S. At times, the U.S. should...
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...International Journal of Materials, Mechanics and Manufacturing, Vol. 1, No. 2, May 2013 Hydro turbine Runner Design and Manufacturing Fatma Ayancik, Umut Aradag, Ece Ozkaya, Kutay Celebioglu, Ozgur Unver, and Selin Aradag Abstract—This research describes a methodology for the parametric design, computational fluid dynamics (CFD) aided analysis and manufacturing of a Francis type hydro turbine runner. A Francis type hydro turbine consists of five components which are volute, stay vanes, guide vanes, runner and draft tube. The hydraulic performance of the turbine depends on the shape of the components; especially on the shape of the runner blades. The design parameters for the other components are affected by the runner parameters directly. Runner geometry is more complex than the other parts of the turbine. Therefore; to obtain accurate results and meet hydraulic expectations, CFD analyses and advanced manufacturing tools are necessary for the design and manufacturing of the hydro turbine runner. The turbine runner design methodology developed is presented using an actual potential hydraulic power plant in Turkey. Index Terms—CFD, francis turbine, runner, design and manufacturing. I. INTRODUCTION Turbines are used for hydropower generation. There are basically two types of hydraulic turbines, the first one is impulse and the second one is reaction type turbines. Impulse turbines work based on momentum principle; while in the reaction type turbines, the flow is fully...
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...Hydraulic turbines—basic principles and state-of-theart computational fluid dynamics applications P Drtina* and M Sallaberger Sulzer Hydro AG, Zurich, Switzerland ¨ Abstract: The present paper discusses the basic principles of hydraulic turbines, with special emphasis on the use of computational fluid dynamics (CFD) as a tool which is being increasingly applied to gain insight into the complex three-dimensional (3D) phenomena occurring in these types of fluid machinery. The basic fluid mechanics is briefly treated for the three main types of hydraulic turbine: Pelton, Francis and axial turbines. From the vast number of applications where CFD has proven to be an important help to the design engineer, two examples have been chosen for a detailed discussion. The first example gives a comparison of experimental data and 3D Euler and 3D Navier–Stokes results for the flow in a Francis runner. The second example highlights the state-of-the-art of predicting the performance of an entire Francis turbine by means of numerical simulation. Keywords: hydraulic turbines, flow prediction, stage simulation, hill chart, Navier–Stokes and Euler computations NOTATION C, c E g h at h d H H s k K c K u K w n Q R, r T U, u W, w Z a b e f g absolute velocity (m/s) energy per unit mass (m2/s2) gravity (m/s2) atmospheric pressure head (m) vapour pressure head (m) turbine head (m) suction head (m) turbulent kinetic energy (m2/s2) normalized velocity normalized circumferential velocity normalized relative velocity...
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...Chapter III Result and Discussion The Fruit Juice Extractor was conceptualized by the researcher in their shop classes at the Electro-Mechanical Technology Shops, College of Technology, DON MARIANO MARCOS MEMORIAL STATE UNIVERSITY (DMMMSU), Mid La Union Campus, San Fernando City. It was a product if creativity of the researchers. The Fruit Juice Extractor is a machine used to extract juice. The design, fabrication and construction of the fruit juice extractor involved the following processes such as designing, measuring, cutting, assembling, mounting, connecting and testing the individual materials and devices to produce precise equipment. Figure 1 shows the perspective view of the Fruit Juice Extractor consisting of various parts that play an important role in the smooth and safe operation of the machine. The following are the main important parts of the Motorized Fruit Juice Extractor: (1) Base & Barrel / Carrier Assembly (2) Motor (3) Barrel / Cylindrical (4) Type of compactom (5) Body (6) Belt (7) Blade Assembly (8) Pulley ASSEMBLY DRAWING A. A. A A Legend A. Body B B B. PULEY C C C. ANGLE BAR D. BARREL / CYLINDRICAL D D E. FRAME F. PAN BELT G. MOTOR F F G. G. E E Fig. 1 Perspective View...
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...Origins and Development Standardizing Global Bank Regulations International Credit Market Syndicated Loans International Bond Market Eurobond Market Development of Other Bond Markets Comparing Interest Rates Among Currencies International Stock Markets Issuance of Foreign Stock in the U.S. Issuance of Stock in Foreign Markets Comparison of International Financial Markets How Financial Markets Affect an MNC’s Value Chapter Theme This chapter identifies and discusses the various international financial markets used by MNCs. These markets facilitate day-to-day operations of MNCs, including foreign exchange transactions, investing in foreign markets, and borrowing in foreign markets. Topics to Stimulate Class Discussion 1. Why do international financial markets exist? 2. How do banks serve international financial markets? 3. Which international financial markets are most important to a firm that consistently needs short-term funds? What about a firm that needs long-term funds? Critical debate Should firms that go public engage in international offerings? Proposition Yes. When a firm issues shares to the public for the first time in an initial public offering (IPO), it is naturally concerned about whether it can place all of its shares at a reasonable price. It will be able to issue its shares at a higher price by attracting more investors. It will increase its demand by spreading the shares...
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...School of Innovation, Design and Engineering Bachelor Thesis in Aeronautical Engineering 15 credits, Basic level 300 Investigation of Different Airfoils on Outer Sections of Large Rotor Blades Authors: Torstein Hiorth Soland and Sebastian Thuné Report code: MDH.IDT.FLYG.0254.2012.GN300.15HP.Ae Sammanfattning Vindkraft står för ca 3 % av jordens produktion av elektricitet. I jakten på grönare kraft, så ligger mycket av uppmärksamheten på att få mer elektricitet från vindens kinetiska energi med hjälp av vindturbiner. Vindturbiner har använts för elektricitetsproduktion sedan 1887 och sedan dess så har turbinerna blivit signifikant större och med högre verkningsgrad. Driftsförhållandena förändras avsevärt över en rotors längd. Inre delen är oftast utsatt för mer komplexa driftsförhållanden än den yttre delen. Den yttre delen har emellertid mycket större inverkan på kraft och lastalstring. Här är efterfrågan på god aerodynamisk prestanda mycket stor. Vingprofiler för mitten/yttersektionen ...
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...THE CHINESE UNIVERSITY OF HONG KONG Microwave Range Finder ERG 4920BD - Thesis II, 2006-2007 Microwave Range Finder Abstract In this project, I will concentrate on the system level design, includes deeply explanation of two modulation methods, they are Frequency Modulation Continuous Wave (FM-CW) radar and Moving Target Indication (MTI) radar; the general speaking of system design flow and how my project related. And then realize the Frequency Modulation Continuous Wave (FM-CW) radar system by building up the block diagram. Then explain how to build a component block by with simple circuitry and the cost summary. p.3 Acknowledgements I would like to give a special thank to my supervisor, Professor Cheng Kwok Keung, Michael (B.Sc., Ph.D. (London), MIEEE, AMIEE), for giving me the chance to work on this project. His suggestions and comments gave me a direction and improved the quality of my work a lot. I would like to thank Wong Fai Leung, Fred, for providing many useful suggestions regarding the system test, system block of the radar. p.4 Content 1. INTRODUCTION .................................................................................................................................. 7 1.1. CLASSIFICATION ................................................................................................................................ 7 1.2. APPLICATION.......................................................................
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...FUNDAMENTALS OF GAS TURBINE ENGINES INTRODUCTION The gas turbine is an internal combustion engine that uses air as the working fluid. The engine extracts chemical energy from fuel and converts it to mechanical energy using the gaseous energy of the working fluid (air) to drive the engine and propeller, which, in turn, propel the airplane. THE GAS TURBINE CYCLE The basic principle of the airplane turbine engine is identical to any and all engines that extract energy from chemical fuel. The basic 4 steps for any internal combustion engine are: 1. Intake of air (and possibly fuel). 2. Compression of the air (and possibly fuel). 3. Combustion, where fuel is injected (if it was not drawn in with the intake air) and burned to convert the stored energy. 4. Expansion and exhaust, where the converted energy is put to use. In the case of a piston engine, such as the engine in a car or reciprocating airplane engine, the intake, compression, combustion, and exhaust steps occur in the same place (cylinder head) at different times as the piston goes up and down. In the turbine engine, however, these same four steps occur at the same time but in different places. As a result of this fundamental difference, the turbine has engine sections called: 1. 2. 3. 4. The inlet section The compressor section The combustion section (the combustor) The turbine (and exhaust) section. The turbine section of the gas turbine engine has the task of producing usable output shaft power to drive the propeller...
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