958 resultados para free cash flow model


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This study has as main objective to verify the effect of the tax and financial incentives granted by the brazilian states, specially in the reduction of ICMS on the investment decision of the entities, which in the last years led to the companies to decide new projects in based on the region that presented the better infrastructure beyond lesser tributary expense. For in such was made an economic valuation of the companies with focus in the beneficiary s optics using an adaptation of the Discounted Cash Flow method to measure the impact of the tax incentives in the value of the companies, this study selected the textile industry segment located in the State of Rio Grande do Norte, Brazil. The results indicated that such incentives created addition in the value of the companies, however the inexistence of incentives would not be enough to a negative decision of investment in the Rio Grande do Norte. The smallest difference between the value with and without incentive observed was 8.9%, and the biggest 31.7%, and the average of value aggregation with the tax incentives represented 18.9%

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Understanding the microscopic origin of the dielectric properties of disordered materials has been a challenge for many years, especially in the case of samples with more than one phase. For polar dielectrics, for instance, the Lepienski approach has indicated that the random free energy barrier model of Dyre must be extended. Here we analyse the dielectric properties of a polymer blend made up with the semiconducting poly(o-methoxyaniline) and poly( vinylidene fluoride-trifluorethylene) POMA/P(VDF-TrFE), and of a hybrid composite of POMA/P(VDF-TrFE)/Zn2SiO4:Mn. For the blend, the Lepienski model, which takes into account the rotation or stretching of electric dipoles, provided excellent fitting to the ac impedance data. Because two phases had to be assumed for the hybrid composite, we had to extend the Lepienski model to fit the data, by incorporating a second transport mechanism. The two mechanisms were associated with the electronic transport in the polymeric matrix and with transport at the interfaces between Zn2SiO4: Mn microparticles and the polymeric matrix, with the relative importance of the interfacial component increasing with the percentage of Zn2SiO4: Mn in the composite. The analysis of impedance data at various temperatures led to a prediction of the theoretical model of a change in morphology at 190 +/- 40 K, and this was confirmed experimentally with a differential scanning calorimetry experiment.

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The alternating conductivity, sigma*(f) = sigma'(f) + i sigma ''(f), of in situ polymerized polyaniline thin films doped with hydrochloric acid, deposited on top of an interdigitated gold line array previously deposited on glass substrates, were measured in the frequency (f) range between 0.1 Hz to 10 MHz and in the temperature range from 100 to 430 K. The results for sigma'(f) are typical of a disordered solid material: for frequencies lower than a certain hopping frequency gamma(hop), log[sigma'(f)] is frequency-independent rising almost linearly for in logf > gamma(hop). A master curve was thus obtained by plotting the real component of the conductivity using normalized scales sigma'(f)/sigma(dc) and f/gamma(hop) which is indicative of a single process operating in the whole frequency range. An expression encompassing the conduction through a disordered structure taken from previous random free energy barrier model for hopping carriers, as well a dielectric function to represent the capacitive behavior of the PAni was employed to fit the experimental results. The dielectric constant and activation energy for hopping carriers were obtained as function of the polymer doping level. (c) 2007 Elsevier B.V. All rights reserved.

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This paper is concerned with an overview of upwinding schemes, and further nonlinear applications of a recently introduced high resolution upwind differencing scheme, namely the ADBQUICKEST [V.G. Ferreira, F.A. Kurokawa, R.A.B. Queiroz, M.K. Kaibara, C.M. Oishi, J.A.Cuminato, A.F. Castelo, M.F. Tomé, S. McKee, assessment of a high-order finite difference upwind scheme for the simulation of convection-diffusion problems, International Journal for Numerical Methods in Fluids 60 (2009) 1-26]. The ADBQUICKEST scheme is a new TVD version of the QUICKEST [B.P. Leonard, A stable and accurate convective modeling procedure based on quadratic upstream interpolation, Computer Methods in Applied Mechanics and Engineering 19 (1979) 59-98] for solving nonlinear balance laws. The scheme is based on the concept of NV and TVD formalisms and satisfies a convective boundedness criterion. The accuracy of the scheme is compared with other popularly used convective upwinding schemes (see, for example, Roe (1985) [19], Van Leer (1974) [18] and Arora & Roe (1997) [17]) for solving nonlinear conservation laws (for example, Buckley-Leverett, shallow water and Euler equations). The ADBQUICKEST scheme is then used to solve six types of fluid flow problems of increasing complexity: namely, 2D aerosol filtration by fibrous filters; axisymmetric flow in a tubular membrane; 2D two-phase flow in a fluidized bed; 2D compressible Orszag-Tang MHD vortex; axisymmetric jet onto a flat surface at low Reynolds number and full 3D incompressible flows involving moving free surfaces. The numerical simulations indicate that this convective upwinding scheme is a good generic alternative for solving complex fluid dynamics problems. © 2012.

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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

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Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

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

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Pós-graduação em Agronomia (Energia na Agricultura) - FCA

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Um problema de grande relevância social na Amazônia é o fato das pequenas comunidades isoladas não serem contempladas pelos benefícios dos grandes empreendimentos hidrelétricos instalados na região. Uma solução alternativa a para este problema, é o aproveitamento da grande malha de pequenos rios e igarapés da região a partir da implantação de Centrais Geradoras Hidrelétricas – CGH’s (antigas mini e microcentrais).. Dentro deste contexto, o presente trabalho analisa e discute certos aspectos gerais inerentes à implantação das CGH’s, e principalmente, trazendo-os à realidade das pequenas bacias Amazônicas. Os aspectos a serem abordados neste trabalho dizem respeito às avaliações preliminares de terreno, aspectos hidrológicos, tecnológicos, ambientais e financeiros. Os aspectos são analisados de forma global para implantação de CGH’s e suas etapas, também analisados e aplicados a um estudo de caso – implantação da CGH irmã Dorothy na pequena bacia hidrográfica do Igarapé são João em Anapú-pa, onde foi possível a utilização de metodologia existente para um estudo aprimorado de implantação de CGH’s na Amazônia. No âmbito hidrológico, utilizou-se um modelo chuva-vazão desenvolvido por Blanco 2005 e aplicou a pequenas bacias da Amazônia que não possuem registros de vazão. Nos aspectos tecnológicos utilizou ferramentas computacionais para predição de desempenho de turbinas axiais de baixa queda adaptas ao relevo da região, e simulados para a turbina axial a ser implantada na CGH irmã Dorothy. No contexto ambiental atualmente há forte cobrança pelas autoridades competentes locais para realização do estudo ambiental inerente ao aproveitamento, e se tratando da região Amazônica, ambientalmente muita agredida pela ação do homem, os estudos devem ser bem definidos, apontando os possíveis impactos que podem ser causados pela CGH, descritos no RAS (Relatório Ambiental Simplificado) anexo deste trabalho. Desta forma foi desenvolvido um método para cálculo e simulação da área inundada para implantação de CGH’s na Amazônia, aplicado à CGH irmã Dorothy. No âmbito financeiro, são raras as informações referentes aos custos de implantação de CGH’s na Amazônia. Assim, foram levantados os custos referentes à implantação da CGH irmã Dorothy e comparados a custos de CGH’s e de geradores a diesel disponíveis na literatura.