Bank rate

Capital charges, 6% of fixed capital (bank rate 4%)... 

The viability of investment lies, sad to say, mainly in the hands of the economist and the financial expert, and it is important to realise that an increase of) per cent in the bank rate has probably far more effect on the profitability of a project than an increase of, say, 10 per cent in the... 

A sheet of (3.8 mm thick, 10 cm x 12 cm) amorphous PET is heated on both sides by a bank of quartz lamps (eight Fostoria T-3 quartz lamps per bank) rated at 500 watts with a peak filament temperature of 2250 °C at 120 volts. Formulate the equations and boundary and initial conditions which must be solved to find the time to heat the sheet up to... 

The higher the value of the DCFRR for a project, the more attractive it is. The minimum acceptable value of the DCFRR is the market interest rate. If the DCFRR is lower than market interest rate, it would be better to put money in the bank. For a DCFRR value greater than this, the project will show a profit for a lesser value, it will show a loss. 

Suppose you have to meet an obligation to pay a bill of 10,000 in 5 years time. If you could be guaranteed a compound interest rate in your bank of 7% per annum (after tax) over each of the next 5 years, then the sum which you would have to invest today to be able to meet the obligation in 5 years time would be ... 

If you were offered 7,130 today, or 10,000 in exactly 5 years time, you should be indifferent to the options, unless you could find an alternative investment opportunity which yielded a guaranteed interest rate better than the bank (in which case you should accept the money today and take the alternative investment opportunity). 

In the above example, the discount rate used was the annual compound interest rate offered by the bank. In business investment opportunities the appropriate discount rate is the cost of capital to the company. This may be calculated in different ways, but should always reflect how much it costs the oil company to borrow the money which it uses to invest in its projects. This may be a weighted average of the cost of the share capital and loan capital of a company. 

Market Size and Distribution. The market for PV modules has grown at an average annual rate of more than 15% since the 1980s to approximately 68 yr (1994) (45). With increased involvement of utilities and lending institutions, such as the World Bank, this rate is expected to... 

A web of molten plastic is pulled from the die into the nip between the top and middle roUs. At the nip, there is a very small rolling bank of melt. Pressure between the roUs is adjusted to produce sheet of the proper thickness and surface appearance. The necessary amount of pressure depends on the viscosity. For a given width, thickness depends on the balance between extmder output rate and the take-off rate of the pull roUs. A change in either the extmder screw speed or the puU-roU speed affects thickness. A constant thickness across the sheet requires a constant thickness of melt from the die. The die is equipped with bolts for adjusting the die-gap opening and with an adjustable choker bar or dam located inside the die a few centimeters behind the die opening. The choker bar restricts flow in the center of the die, helping to maintain a uniform flow rate across the entire die width. 

The design of the sludge-blanket clarifiers used primarily in the water industry is based on the jar test and a simple measurement of the blanket expansion and settling rate (12). Different versions of the jar test exist, but essentially it consists of a bank of stirred beakers used as a series flocculator to optimize the flocculant addition that produces the maximum floc-setfling rate. Visual floc-size evaluation is usually included. 

Use of such a data system is easy, provided that the permanent system data bank has entries for the components of interest. Thus it is often important to the user that the data bank is extensive and not restricted to a small class of compounds. However, the number of chemical species is enormous and expanding at a rapid rate. Accordingly, for wide appHcation it is necessary that the physical property system embodies faciUties for the use of user-supphed data. 

Banked Memory. Another characteristic of many vector supercomputers is banked memory. The main memory is usually divided into a small number of electronically separate banks. A given memory bank can absorb or supply operands at a much slower rate than the rate at which the central processing unit (CPU) can produce or use data. If the data can be spread across multiple memory banks, the effective memory bandwidth, or rate at which memory can absorb or supply data, is increased. For example, if a single memory bank can supply one operand every 16 clock cycles, then 16 memory banks would enable the entire memory subsystem to deflver one operand per clock cycle, assuming that the data come sequentially from different memory banks. 

The most common loop has stride = 1. Typically X(l) would be stored in memory bank 1, X(2) in memory bank 2, X(16) in memory bank 16, and X(17) in memory bank 1. In the loop in the example, if stride = 1, then the elements of X can be deflvered to the CPU at the maximum rate, one per clock cycle. 

Example 7 Radiation in Gases Flue gas containing 6 percent carbon dioxide and 11 percent water vapor by volume (wet basis) flows through the convection bank of an oil tube stiU consisting of rows of 0.102-m (4-in) tubes on 0.203-m (8-in) centers, nine 7.62-m (25-ft) tubes in a row, the rows staggered to put the tubes on equilateral triangular centers. The flue gas enters at 871°C (1144 K, 1600°F) and leaves at 538°C (811 K, 1000°F). The oil flows in a countercurrent direction to the gas and rises from 316 to 427°C (600 to 800°F). Tube surface emissivity is 0.8. What is the average heat-input rate, due to gas radiation alone, per square meter of external tube area ... 

Mass-Transfer Coefficient Denoted by /c, K, and so on, the mass-transfer coefficient is the ratio of the flux to a concentration (or composition) difference. These coefficients generally represent rates of transfer that are much greater than those that occur by diffusion alone, as a result of convection or turbulence at the interface where mass transfer occurs. There exist several principles that relate that coefficient to the diffusivity and other fluid properties and to the intensity of motion and geometry. Examples that are outlined later are the film theoiy, the surface renewal theoiy, and the penetration the-oiy, all of which pertain to ideahzed cases. For many situations of practical interest like investigating the flow inside tubes and over flat surfaces as well as measuring external flowthrough banks of tubes, in fixed beds of particles, and the like, correlations have been developed that follow the same forms as the above theories. Examples of these are provided in the subsequent section on mass-transfer coefficient correlations. 

If it is assumed that available interest rates offered by banks, government, etc., for no-risk investment of capital are 10 percent, then the maximum economic market price of 100 stock units in this hypothetical company is about 117. If all the debt is in bonds, etc., earnings on ordinaiy stock would be 10 cents per dollar of net worth, and the maximum economic price of the stock would be about 100 unless stock prices were expected to rise. 

Double-pipe exchangers are often piped in complex series-parallel arrangements on both sides. The MTD to be used has been derived for some of these arrangements and is reported in Kern (Process Heat Transfer, McGraw-Hill, New York, 1950). More complex cases may require trial-and-error balancing of the heat loads ana rate equations for subsections or even for individual exchangers in the bank. 

Coal is fed as a paste containing 25 wt % water, and sorbent is fed diy by a lock-hopper system with pneumatic conveying. The top size of each feedstock is 3 mm in). The latent heat lost evaporating the water fed with the paste is compensated by increased gas turbine power output resulting from the increased flue-gas mass flow rate. For the 80-MWe unit, there are six coal feed points (one per 4.5 m" [48 ft"]) and four sorbent feed points (one per 6.7 m" [72 ft"]), all entering beneath the tube bank along one wall. The bed depth is... 

To determine the basic parameters of a 6% series reactor and its capacitive compensation, consider Example 23.6 with 3000 kVAr banks (1000 kVAr per phase) rated for 33.4 kV ... 

The rating of the capacitor banks should be chosen for = 3000 + 180 = 3180 kVAr. 

Thus, for a single capacitor switching of a 60 kVAr bank, a rating of 125 A will be required for the switch, fuse and the contactor etc. 

If we are able to provide an inductance of this value with each capacitor bank of 60 kVAr the problem of excessive inrush transient current can be overcome and the component ratings as chosen above will be sufficient to switch a parallel circuit. 

In this case we have considered the switching device to be rated for 125 A for each bank. In an LT system the switching... 

If 3000 kVAr capacitor banks are required for a system of 33 kV + 7.5%, -5% and the capacitors are rated for 34/v 3 kV then the output of the capacitors at nominal voltage will reduce to... 

Consider Figure 23.29(a), where, the p.f. of a power circuit is to be improved from cos 0, to cos 02- If kVAri is the reactive component of power at p.f. cos 0, which is to be improved to kVAr2, at p.f. co.s 0i, through the reactive power coinpensation, then the reactive component of power compensated or kVAr rating of the required capacitor banks... 

For higher system voltages, it is common practice to use more than one lower voltage rating, identical capacitor units in series, to obtain the required voltage. With the use of a number of such series connected units in parallel, one can make any size and voltage capacitor banks. The following are a few more common practices ... 

With adjustment in the voltage rating of the 11 kV capacitor units, the bank may be made suitable for the required system... 

The factors discussed in Section 23.5.2 give rise directly to the current drawn by the capacitor unit and indirectly add to its rating. The relevant Standards on this device recommend a continuous overload capacity of 30% to account for all such factors. A capacitor can have a tolerance of up to -t-15% in its capacitance value (Section 26.3.1(1)). All current-carrying components such as breakers, contactors, switches, fuses, cables and busbar systems associated with a capacitor unit or its banks, must therefore be rated for at least 1.3 x 1.15/,., i.e. 1.54. For circuits where higher amplitudes of harmonics are envisaged, for reasons of frequent load variations or more... 

For a capacitor bank of 500 kVAr in 10 units of 50 kVAr each, for an automatic power factor correction the rating of components would be... 

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