5 resultados para Volatilidade dos Fluxos de Caixa

em Repositório Institucional da Universidade Estadual de São Paulo - UNESP


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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

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A gear Box in a Baja SAE vehicle is required due to the objectives of the SAE competitions, which the vehicles are challenged to pass through different obstacles. A powertrain system has as the main objective the extension of the torque for the traction shaft of the vehicle, when compared to that one available in the engine. The Objective of this thesis is the description of a gear box project for a Baja SAE vehicle of the Piratas do Vale Team of Unesp Guaratinguetá. In the development of the thesis, a flowchart, developed by the team, was used, which includes a theory part and also the choice of shelf components. In this Project, the type of gearbox was chosen, besides the calculation of axles, gears, bearings and sealers, and software simulations were done for the critical parts. The transmission, developed in this thesis, is more complex than the current one used by the team, but the new one shows improvements, as a new reverse gear with high torque

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The automobile industry shows relevance inside the Brazilian industrial scenario since it contributes with the development of a significant chain of supply, distributors, workshops, publicity agencies and insurance companies in the internal market, aside from being one of the five biggest worldwide market. Thereby, the federal government decreed in Dec, 17th 2012 by Law nº 12.715 the Inovar-Auto Program. As the Adjusted Present Value (APV) is highly recommended, although not yet widespread to public politics of tax reduction, this work intends to apply the APV method on the cash flow analysis of an automobile sector's company, which has recently installed in national territory and wants to rely with governmental incentives proposed by Inovar-Auto Program. The developed work evaluates the company's current cash flow stochastically from mathematical modeling of variables such as price, demand and interest rate through probability distributions with the assist of Crystal Ball software, a Microsoft Excel Add-in, generating different scenarios from Monte Carlo Simulation. As results probabilities situations have been evaluated until the end of the Inovar-Auto's conducted period, in 2017. Beside APV others indicator such as Internal Rate of Return (IRR) and payback period were estimated for the investment project. For APV a sampling distribution with only 0.057% of risk, IRR of 29% were obtained and estimated project payback period was 4.13 years

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The automobile industry has a growing importance in the Brazilian economic environment. The industry moves a huge chain that encompasses manufacturers, suppliers of raw materials, auto parts dealers, gas stations, insurance companies, repair shops, tire stores, media companies, advertising agencies, among others. Because of this importance in the current economic environment in Brazil, the federal government, through Law No. 12715 of 17 December 2012 established a Program for the Promotion of Innovation and Densification in the Productive Chain of Motor Vehicles called INOVAR-AUTO in order to support technological development, innovation, safety, environmental protection, energy efficiency and quality of cars, trucks, buses and auto parts. The specific purpose of this study, a simulation for discussion of the viability of the program implementation using the Monte Carlo Simulation combined with the Cash-Flow-at-Risk was performed. To this end, an exploratory and documentary literature on the subject was held as well as a case study in a automobile company of Japanese origin

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Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)