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Nominal comparator

It is true that the very recent history has been of low and relatively stable inflation, and if we look at the relationship between the first 30-year US Treasury Inflation-Indexed bond issued and an appropriate nominal comparator of similar date, the implied US inflation rate has ranged between a low of 1.2% and a high of 2.6%. However, inflation at those bounds would mean that US 100 paid in 30 years time... [Pg.231]

Although there is no formal break-even calculation convention, or way of selecting the best nominal comparator for that matter, historically break-even inflation in the United Kingdom has been calcnlated in a slightly more complicated way. Because UK real yields require an inflation assumption—3% is the market convention— there wonld be an inconsistency between the break-even inflation (BEI) rate and the inflation assumption used. The market tends to use the last formula above to arrive at a first cut BEI, then it uses that BEI rate as the new inflation assumption to calculate a new real yield. This is done iteratively nntil the assumed inflation rate and the BEI rate converge on a final cnt BEI. [Pg.261]

There are companies that will analyze your fuel. They can filter out dirt, water, and debris that can rob your engine of power. The cost of additives and fuel filtering is nominal compared to the cost of new fuel plus hazardous material disposal charges for old fuel. Older fuel tanks can spring leaks that either introduce water into the fuel, or introduce you to a costly hazardous materials clean up project, your tank will be out of service while it is being replaced, and fuel carrying dirt or water can stop the engine. [Pg.2396]

The risk-based assessments are performed several times, using ground motions selected and scaled to match conditional spectra, where the conditioning period used for these calculations is varied from 0.45 to 5.0 s (i.e., the building s third-mode structural period up to approximately twice the first-mode period). For each case, the risk-based assessment results are found to be similar (Fig. 4). The similarity of the results stems from the fact that the careful record selection ensures that the distributions of response spectra at all periods are nominally comparable, so the distribution of resulting structural responses should also be comparable (to the extent that response spectra describe the relationship between the ground motions and structural responses). [Pg.469]

Note that this relationship is in conPadiction to the well known equation for the calculation of the thickness resolving power given by Halmshaw in 111. The relationship in 111 requires explicit knowledge about built-up factors for scatter correction and the film contrast factory (depending on D) and is only valid for very small wall thickness changes compared to the nominal wall thickness. [Pg.563]

Acetyl chloride can be used as a substitute for acetic anhydride in many reactions. Whereas the anhydride requites a mineral acid catalyst for acetylation, acetyl chloride does not. Acetyl chloride is utilized in a wide range of reactions wherein its comparatively high price is offset by convenience. Should its nominal cost be lowered, acetyl chloride would be a powerhil competitor for acetic anhydride in large scale manufacturing. [Pg.82]

Accuracies of the flow meters discussed herein are specified as either a percentage of the full-scale flow or as a percentage of the actual flow rate. It may be convenient in some appHcations to compare the potential inaccuracies in actual volumetric flow rates. For example, in reading two Hters per minute (LPM) on a flow meter rated for five LPM, the maximum error for a 1% of full-scale accuracy specification would be 0.01 x 5 = 0.05 LPM. If another flow meter of similar range, but having 1% of actual flow rate specification, were used, the maximum error would be 0.01 x 2 = 0.02 LPM. To minimize errors, meters having full-scale accuracy specifications are normally not used at the lower end of their range. Whenever possible, performance parameters should be assessed for the expected installation conditions, not the reference conditions that are the basis of nominal product performance specifications. [Pg.56]

A 99.5% Cu—0.5% Te alloy has been on the market for many years (78). The most widely used is alloy No. CA145 (number given by Copper Development Association, New York), nominally containing 0.5% tellurium and 0.008% phosphorous. The electrical conductivity of this alloy, in the aimealed state, is 90—98%, and the thermal conductivity 91.5—94.5% that of the tough-pitch grade of copper. The machinahility rating, 80—90, compares with 100 for free-cutting brass and 20 for pure copper. [Pg.392]

Equation (9-113) shows that Eq. (9-114) is only approximately true and should be used, if at all, solely for low interest rates. Let us consider the case of a nominal (DCFRR) of 5 percent and an inflation rate of 3 percent. Equation (9-14) yields an approximate effective return rate of 2 percent, compared with the real effective rate of 1.94 percent given by Eq. (9-113) i.e., there is an error of 3.1 percent. Now let us consider the case of a nominal (DCFRR) of 2.5 percent and an inflation rate of 23 percent. Equation (9-114) yields an approximate effective return rate of 2 percent, compared with 1.63 percent from Eq. (9-113) in this case, the error that results is 22.7 percent. [Pg.833]

Compared with elbow fittings, bends with a centerhne radius of three or five nominal pipe diameters save the cost of joints and reduce pressure drop. Such bends are not suited for instaUation in a bank of pipes of unequal size when the bends are in the same plane as the bank. [Pg.961]

A difference between tank cars and most pressure vessels is that tank cars are designed in terms of the theoretical ultimate or bursting strength of the tank. The test pressure is usually 40 percent of the bursting pressure (sometimes less). The safety valves are set at 75 percent of the test pressure. Thus, the maximum operating pressure is usually 30 percent of the bursting pressure. This gives a nominal factor of safety of 3.3, compared with 4.0 for Division 1 of the ASME Pressure Vessel Code. [Pg.1020]

Work in connection with desahnation of seawater has shown that specially modified surfaces can have a profound effect on heat-transfer coefficients in evaporators. Figure 11-26 (Alexander and Hoffman, Oak Ridge National Laboratory TM-2203) compares overall coefficients for some of these surfaces when boiling fresh water in 0.051-m (2-in) tubes 2.44-m (8-ft) long at atmospheric pressure in both upflow and downflow. The area basis used was the nominal outside area. Tube 20 was a smooth 0.0016-m- (0.062-in-) wall aluminum brass tube that had accumulated about 6 years of fouhng in seawater service and exhibited a fouling resistance of about (2.6)(10 ) (m s K)/ J [0.00015 (fF -h-°F)/Btu]. Tube 23 was a clean aluminum tube with 20 spiral corrugations of 0.0032-m (lA-in) radius on a 0.254-m (10 -in)... [Pg.1046]

Figure 8-5 shows the main circuit diagram of a potential control rectifier provided with magnetic amplifiers (transducers). The chosen potential is set at the nominal value with a potentiometer. The actual potential is compared with this value, which corresponds to the voltage between a reference electrode and the protected object. [Pg.234]

Rectifiers working according to the control diagram in Fig. 8-6 are used for anodic corrosion protection in passivatable systems that go spontaneously from the passive to the active state when the protection current is switched off [12]. The predetermined nominal voltage between reference electrode and protected object is compared with the actual voltage f/j in a differential display unit D. The difference AU = is amplified in a voltage amplifier SV to VqAU. This... [Pg.235]

The characterization of PIC (products of incomplete combustion) from the combustion of wood treated with pentachlorophenol (penta) is more widely documented in the open literature than creosote alone. However, both products are similar in chemical composition and likely result in comparable forms and concentrations of PIC. Literature reported studies on the combustion of these chemicals and wood treated by them, and the PIC generated are based upon optimal conditions. Optimal conditions are defined as those in which the fuel burns at the designed heat release rate with nominally 160% excess air and a low level (< 100 ppm) of carbon monoxide (CO) emissions in combustion (flue) gases. [Pg.335]

Perhaps the simplest way to assess the reliability of a system is to count the active parts, flic 1C liability estimate is the product of the number of parts and some nominal failure rate for the parts. Ill the design phase, two competing designs may be compared on the basis of the numbei of parts but several cautions are in order. [Pg.98]

Unlike radioisotope generators, nuclear reactors utilize the much more intense process of nuclear chain reaction. Since this process is controlled in the reactor, the energy output could be regulated depending on the system s requirements. It actually could produce twice its nominal power, if necessai"y. Nuclear reactors can pro dde greater electrical output than radioisotope generators using the same types of thermal converters. This output is comparable to that of fuel cells and solar arrays, while nuclear reactors are more durable and compact. [Pg.1079]

IPS), nominal inside diameter. One example of dimensional comparison for IPS pipe for Schedules 5 and 10 are compared to one standard scale of tubing in Table 2-1. The tubing conforms to ANSI/ASTM A-403-78 Class CR (stainless) or MSS Manufacturers Standard Society SP-43, Sch 5S. [Pg.62]

Comparing trays at 24-in. tray spacing with a state-of-the-art 2-2.5-in. (nominal) random packing, and with a state-of-the-art structured packing of 67 ft /ft specific surface area, all optimally designed, we found that ... [Pg.274]

The discussion so far has been limited to the structure of pure metals, and to the defects which exist in crysteds comprised of atoms of one element only. In fact, of course, pure metals are comparatively rare and all commercial materials contain impurities and, in many cases also, deliberate alloying additions. In the production of commercially pure metals and of alloys, impurities are inevitably introduced into the metal, e.g. manganese, silicon and phosphorus in mild steel, and iron and silicon in aluminium alloys. However, most commercial materials are not even nominally pure metals but are alloys in which deliberate additions of one or more elements have been made, usually to improve some property of the metal examples are the addition of carbon or nickel and chromium to iron to give, respectively, carbon and stainless steels and the addition of copper to aluminium to give a high-strength age-hardenable alloy. [Pg.1270]

Another important parameter for describing a secondary electrochemical cell is the achievable number of cycles or the lifetime. For economic and ecological reasons, systems with a high cycle life are preferred. The number of cycles indicates how often a secondary battery can be charged and discharged repeatedly before a lower limit (defined as a failure) of the capacity is reached. This value is often set at 80 percent of the nominal capacity. To compare different battery systems, besides the number of cycles, the depth of discharge must be quoted. [Pg.18]

Glaser and Litt (G4) have proposed, in an extension of the above study, a model for gas-liquid flow through a b d of porous particles. The bed is assumed to consist of two basic structures which influence the fluid flow patterns (1) Void channels external to the packing, with which are associated dead-ended pockets that can hold stagnant pools of liquid and (2) pore channels and pockets, i.e., continuous and dead-ended pockets in the interior of the particles. On this basis, a theoretical model of liquid-phase dispersion in mixed-phase flow is developed. The model uses three bed parameters for the description of axial dispersion (1) Dispersion due to the mixing of streams from various channels of different residence times (2) dispersion from axial diffusion in the void channels and (3) dispersion from diffusion into the pores. The model is not applicable to turbulent flow nor to such low flow rates that molecular diffusion is comparable to Taylor diffusion. The latter region is unlikely to be of practical interest. The model predicts that the reciprocal Peclet number should be directly proportional to nominal liquid velocity, a prediction that has been confirmed by a few determinations of residence-time distribution for a wax desulfurization pilot reactor of 1-in. diameter packed with 10-14 mesh particles. [Pg.99]


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