Download Print this page
Siemens 7UM515 Instruction Manual
Siemens 7UM515 Instruction Manual

Siemens 7UM515 Instruction Manual

Nunerical machine protection

Advertisement

Quick Links

1XPHULFDO 0DFKLQH 3URWHFWLRQ
80
9
,QVWUXFWLRQ 0DQXDO
 2YHUIOX[ SURWHFWLRQ
 9ROWDJH SURWHFWLRQ
 6WDWRU HDUWK IDXOW 
 (DUWK IDXOW SURWHFWLRQ
)LJXUH 
,OOXVWUDWLRQ RI WKH QXPHULFDO PDFKLQH SURWHFWLRQ 80 LQ KRXVLQJ IRU VXUIDFH PRXQWLQJ
. 6LHPHQV $*  
8I!
8!
SURWHFWLRQ
5
(
8
!

2UGHU 1R &*&
 )UHTXHQF\ SURWHFWLRQ
 ,QWHUWXUQ IDXOW SURWHFWLRQ
 5RWRU HDUWK IDXOW SURWHFWLRQ
I!
8
!
,7
5

(

Advertisement

loading

Summary of Contents for Siemens 7UM515

  • Page 1 1XPHULFDO 0DFKLQH 3URWHFWLRQ 80 9 ,QVWUXFWLRQ 0DQXDO 2UGHU 1R &*&  2YHUIOX[ SURWHFWLRQ 8I!  )UHTXHQF\ SURWHFWLRQ  9ROWDJH SURWHFWLRQ  ,QWHUWXUQ IDXOW SURWHFWLRQ  6WDWRU HDUWK IDXOW  SURWHFWLRQ  5RWRU HDUWK IDXOW SURWHFWLRQ  (DUWK IDXOW SURWHFWLRQ )LJXUH  ,OOXVWUDWLRQ RI WKH QXPHULFDO PDFKLQH SURWHFWLRQ 80 LQ KRXVLQJ IRU VXUIDFH PRXQWLQJ .
  • Page 2 80 &RQIRUPLW\ &RQIRUPLW\ 7KLV SURGXFW LV LQ FRQIRUPLW\ ZLWK WKH GLUHFWLYH RI WKH &RXQFLO RI WKH (XURSHDQ &RPPXQLWLHV RQ WKH DSSUR[LPD WLRQ RI WKH ODZV RI WKH 0HPEHU 6WDWHV UHODWLQJ WR HOHFWURPDJQHWLF FRPSDWLELOLW\ (0& &RXQFLO 'LUHFWLYH ((& DQG FRQFHUQLQJ HOHFWULFDO HTXLSPHQW IRU DSSOLFDWLRQ ZLWKLQ VSHFLILHG YROWDJH OLPLWV /RZYROWDJH GLUHFWLYH  ((&  &RQIRUPLW\ LV SURYHG E\ WHVWV WKDW KDG EHHQ SHUIRUPHG DFFRUGLQJ WR DUWLFOH  RI WKH &RXQFLO 'LUHFWLYH LQ DFFRU GDQFH ZLWK WKH JHQHULF VWDQGDUGV (1  DQG (1  IRU (0&...
  • Page 3 80 &RQWHQWV &RQWHQWV ,QWURGXFWLRQ                                                                        $SSOLFDWLRQ                                                                           )HDWXUHV...
  • Page 4 80 &RQWHQWV ,QWHUWXUQ IDXOW SURWHFWLRQ 8                                                        5RWRU HDUWK IDXOW SURWHFWLRQ 5                                                      ...
  • Page 5 80 &RQWHQWV 2SHUDWLQJ LQVWUXFWLRQV                                                         6DIHW\ SUHFDXWLRQV                                                                  'LDORJ ZLWK WKH UHOD\...
  • Page 6 80 &RQWHQWV &RPPLVVLRQLQJ XVLQJ SULPDU\ WHVWV                                                   *HQHUDO DGYLFHV                                                                    ...
  • Page 7 80 ,QWURGXFWLRQ ,QWURGXFWLRQ $SSOLFDWLRQ )HDWXUHV 7KH 80 LV D QXPHULFDO PDFKLQH SURWHFWLRQ XQLW  3URFHVVRU V\VWHP ZLWK SRZHUIXO ELW PLFUR IURP WKH k1XPHULFDO 0DFKLQH 3URWHFWLRQ VHULHV SURFHVVRU 80l DQG SURYLGHV D SUDFWLFDO FRPELQDWLRQ RI SURWHFWLRQ IXQFWLRQV IRU HOHFWULFDO PDFKLQHV RU SRZ  FRPSOHWH GLJLWDO PHDVXUHG YDOXH SURFHVVLQJ DQG HU VWDWLRQ EORFNV FRQWURO IURP GDWD DFTXLVLWLRQ DQG GLJLWL]LQJ RI WKH...
  • Page 8 80 ,QWURGXFWLRQ 80 80 8QGHUH[FLWDWLRQ SURWHFWLRQ 2YHUYROWDJH SURWHFWLRQ DQG IUHTXHQF\ GH 2YHUYROWDJH SURWHFWLRQ WZRVWDJH SHQGHQW XQGHUYROWDJH SURWHFWLRQ 8QGHUYROWDJH SURWHFWLRQ (DUWK IDXOW SURWHFWLRQ 8 ! , ! GLUHFWLRQDO 6WDWRU HDUWK IDXOW SURWHFWLRQ 8 )UHTXHQF\ SURWHFWLRQ WZRVWDJH )UHTXHQF\ SURWHFWLRQ IRXUVWDJH 6LQJOHSKDVH SRZHU SURWHFWLRQ )RUZDUG SRZHU VXSHUYLVLRQ 8QEDODQFHG ORDG SURWHFWLRQ 5HYHUVH SRZHU SURWHFWLRQ...
  • Page 9 80 ,QWURGXFWLRQ ,PSOHPHQWHG IXQFWLRQV 7KH SURWHFWLYH DQG VXSHUYLVRU\ IXQFWLRQV RI WKH QX  PHDVXUHPHQW RI WKH GLVSODFHPHQW YROWDJH ZLWK PHULFDO PDFKLQH SURWHFWLRQ XQLW FDQ EH LQGLYLGXDOO\ IXQGDPHQWDO ZDYH ILOWHUV IRU PDFKLQHV LQ EORFN VZLWFKHG WR EH RSHUDWLYH RU LQRSHUDWLYH 7KH XQLW FRQQHFWLRQ FRPSULVHV WKH IROORZLQJ IXQFWLRQV )UHTXHQF\ SURWHFWLRQ...
  • Page 10 80 ,QWURGXFWLRQ &RXSOLQJ RI H[WHUQDO ELQDU\ VLJQDOV ,QWHJUDWHG WULSSLQJ PDWUL[  IRU SURFHVVLQJ RU UHWUDQVPLWWLQJ RI H[WHUQDO VLJ  ZLWK  WULS UHOD\V HDFK ZLWK  12 FRQWDFWV IRU XS QDOV RU FRPPDQGV WR  SURWHFWLRQ FRPPDQGV  FRQQHFWLRQ WR VLJQDO UHOD\V /('V DQG YLD VHULDO ,QWHJUDWHG WULS WHVW LQWHUIDFH WR ORFDOL]HG VXEVWDWLRQ FRQWURO DQG PRQL WRULQJ IDFLOLW\ HJ /6$ ...
  • Page 11 80 'HVLJQ 'HVLJQ $UUDQJHPHQWV  804 4&444 LQ KRXVLQJ ;3 IRU $OO SURWHFWLRQ IXQFWLRQV LQFOXGLQJ GFGF FRQYHUWHU SDQHO IOXVK PRXQWLQJ RU 804 4(444 IRU DUH DFFRPPRGDWHG RQ WZR SOXJLQ PRGXOHV RI FXELFOH LQVWDOODWLRQ 'RXEOH (XURSD )RUPDW 7KHVH PRGXOHV DUH LQVWDOOHG LQ D KRXVLQJ ;3 7ZR GLIIHUHQW W\SHV RI KRXVLQJV FDQ EH GHOLYHUHG 7KH KRXVLQJ KDV IXOO VKHHWPHWDO FRYHUV DV ZHOO...
  • Page 12 80 'HVLJQ ' & & 9ROWDJH FRQQHFWRU +HDY\ FXUUHQW FRQQHFWRU HJ % HJ $ KRUL]RQWDO SRVLWLRQ YHUWLFDO SRVLWLRQ FRQVHFXWLYH FRQQHFWLRQ QXPEHU )LJXUH  &RQQHFWLRQ SOXJV UHDU YLHZ  KRXVLQJ IRU IOXVK PRXQWLQJ  H[DPSOH &*&...
  • Page 13 80 'HVLJQ 'LPHQVLRQV )LJXUHV  DQG  VKRZ WKH GLPHQVLRQV RI WKH YDULRXV W\SHV RI KRXVLQJV DYDLODEOH 80 +RXVLQJ IRU SDQHO VXUIDFH PRXQWLQJ ;3     ,QWHUIDFH IRU RSWL  FDO ILEUH EHORZ 5HVHW DQG SDJLQJ EXWWRQV (DUWKLQJ WHUPLQDO  0D[  WHUPLQDOV IRU FURVVVHFWLRQ PD[  PP 2SWLFDO ILEUH FRQQHFWRUV 0D[ WRUTXH YDOXH  1P RU  LQOE...
  • Page 14 80 'HVLJQ 80 +RXVLQJ IRU SDQHO IOXVK PRXQWLQJ RU FXELFOH LQVWDOODWLRQ ;3  0RXQWLQJ SODWH & 5HVHW DQG SDJ &RQQHFWRU PRGXOHV LQJ EXWWRQV +HDY\ FXUUHQW FRQQHFWRUV 6FUHZHG WHUPLQDO IRU PD[  PP 7ZLQ VSULQJ FULPS FRQQHFWRU LQ SDUDOOHO IRU PD[  PP  RU 0 PD[ WRUTXH  1P RU  LQOE )XUWKHU FRQQHFWRUV...
  • Page 15 80 'HVLJQ 2UGHULQJ GDWD 1XPHULFDO 0DFKLQH 3URWHFWLRQ          8 0    $X[LOLDU\ YROWDJH  9 GF                                               9 GF                                          9 GF...
  • Page 16 80 'HVLJQ $FFHVVRULHV 7KH PHDVXUHPHQW LQSXW IRU WKH QHXWUDO GLVSODFH 7KH EDQG  SDVV ILOWHU ;7 LV WXQHG WR  +] PHQW YROWDJH PHDVXUHPHQW RI WKH HDUWK IDXOW SURWHF DQG PXVW EH ORFDWHG LQ WKH FLUFXLWU\ EHWZHHQ WKH WLRQ 8 LV GLPHQVLRQHG IRU D UDWHG YROWDJH RI  9 $  +] JHQHUDWRU DQG WKH ORDG UHVLVWRU 5HIHU WR )LJ XUH  IRU VFKHPDWLF FLUFXLW GLDJUDP DQG WR )LJXUH...
  • Page 17 80 'HVLJQ WR WKH IURP ORDGLQJ  +] JHQHUDWRU UHVLVWRU 5  8  8 9ROWDJH GLYLGHU  8 )LJXUH  6FKHPDWLF GLDJUDP RI  +] EDQGSDVV ILOWHU W\SH ;7 $ VXSSO\ YROWDJH FRQWURO 5()  9  WR 80 WR WKH FRXSOLQJ XQLW ;5 PHDV 5()
  • Page 18 80 'HVLJQ 6XUIDFH PRXQWLQJ FDVH )OXVK PRXQWLQJ FDVH FRQWURO 5() WR 80 WR WKH FRXSOLQJ XQLW ;5 WR JHQHUDWRU VKDIW VXSSO\ YROWDJH   9 PHDV 5() WR 80 )LJXUH  6FKHPDWLF GLDJUDP RI FRQWUROOHU XQLW ;7r $ WR FRQWUROOHU XQLW ;7  N8  N8  N8...
  • Page 19 80 'HVLJQ 'ULSSURRI URRI 6SDFH UHTXLUHG IRU UHPRYLQJ WKH FRYHU &RYHU 33 ZLWK GHJUHH RI SURWHFWLRQ ,3  ,3  ZLWK GULSSURRI URRI 'LPHQVLRQV LQ PP 7\SH 33   [  33   [      )LJXUH  'LPHQVLRQV RI 33 33 IRU YROWDJH GLYLGHU 33&=  9 9 DQG  9 9 ...
  • Page 20 80 'HVLJQ  0RXQWLQJ SODWH &RQQHFWRU PRGXOHV &RQQHFWRUV  RU 0 6FUHZHG WHUPLQDO IRU PD[  PP 7ZLQ VSULQJ FULPS FRQQHFWRU LQ SDUDO OHO IRU PD[  PP 3DQHO FXWRXW 'LPHQVLRQV LQ PP           )LJXUH  'LPHQVLRQV RI  +] JHQHUDWRU W\SH ;7 $ IRU SDQHO IOXVK PRXQWLQJ RU...
  • Page 21 80 'HVLJQ  0RXQWLQJ SODWH 6HW VTXDUH 'LPHQVLRQV LQ PP    ‘ [   )RU SDQHO IOXVK PRXQWLQJ  VHW VTXDUHV & $& DUH QHFHVVDU\ VLQFH WKH PRXQWLQJ UDLOV RI WKH GHYLFH DUH QRW VXIILFLHQW IRU WKH KLJK ZHLJKW RI WKH GHYLFH 0 [ )L[ WKH VHW VTXDUHV WR WKH SDQHO XV LQJ  VWDQGDUG VFUHZV VL]H 0 DF...
  • Page 22 80 'HVLJQ  'LPHQVLRQV LQ PP )LJXUH  'LPHQVLRQV RI LQWHUPHGLDWH FXUUHQW WUDQVIRUPHU W\SH 1& 7 HUPLQDO ZLWK PD[  PP FURVVVHFWLRQ FRQQHFWRU (DUWKLQJ VFUHZ 0 'LPHQVLRQV LQ PP )LJXUH  'LPHQVLRQV RI FRQWUROOHU XQLW W\SH ;7% &*&...
  • Page 23 80 'HVLJQ UHFRPPHQGHG VSDFH WR WKH QH[W XQLW  +HDY\ FXUUHQW FRQQHFWRUV WHUPLQDOV  WR   9LHZ QRW XVHG LQ ;7 9ROWDJH FRQQHFWRUV WHUPLQDOV  WR   (DUWKLQJ LVRODWHG ULQJ FDEOH OXJ IRU EROWV  PP GLDPHWHU VFUHZV PD[ PDMRU GLDPHWHU  PP W\SH HJ 3,'* RI 0HVVUV $03 IRU FRSSHU ZLUHV ZLWK FURVVrVHFWLRQ  PP...
  • Page 24 80 'HVLJQ  0RXQWLQJ SODWH &RQQHFWRU WHUPLQDOV +HDY\ FXUUHQW FRQQHFWRUV WHUPLQDOV  WR   QRW XVHG LQ ;7 9ROWDJH FRQQHFWRUV WHUPLQDOV  WR    RU 0 LVRODWHG ULQJ FDEOH OXJ IRU EROWV  PP GLDPHWHU PD[ PDMRU GLDPHWHU  PP W\SH HJ 3,'* RI 0HVVUV $03 IRU FRSSHU ZLUHV ZLWK FURVVrVHFWLRQ  PP...
  • Page 25 80 7HFKQLFDO GDWD 7HFKQLFDO GDWD *HQHUDO GDWD  ,QSXWVRXWSXWV 0HDVXULQJ FLUFXLWV 5DWHG YROWDJH 8  9 WR  9 VHWWDEOH 5DWHG IUHTXHQF\ I  +] +] VHWWDEOH 3RZHU FRQVXPSWLRQ YROWDJH SDWK DW  9   9$ SHU SKDVH 3RZHU FRQVXPSWLRQ FXUUHQW SDWK ,   9$ DW  $  +]   9$ DW $  +] ,QSXW UHVLVWDQFH GF LQSXW...
  • Page 26 80 7HFKQLFDO GDWD +HDY\ GXW\ FRPPDQG FRQWDFWV &RPPDQG WULS UHOD\V QXPEHU &RQWDFWV SHU UHOD\V  [  12 DQG  [  12 6ZLWFKLQJ FDSDFLW\ 0$.(  :9$ %5($. :9$ 6ZLWFKLQJ YROWDJH 3HUPLVVLEOH FXUUHQW $ FRQWLQXRXV $ IRU  V 6LJQDO FRQWDFWV 6LJQDODODUP UHOD\V ...
  • Page 27 80 7HFKQLFDO GDWD  (OHFWULFDO WHVWV ,QVXODWLRQ WHVWV 6WDQGDUGV ,(&   +LJK YROWDJH WHVW URXWLQH WHVW  N9 UPV   +] H[FHSW GF YROWDJH VXSSO\ LQSXW  +LJK YROWDJH WHVW URXWLQH WHVW  N9 GF RQO\ GF YROWDJH VXSSO\ LQSXW  ,PSXOVH YROWDJH WHVW W\SH WHVW  N9 SHDN   NV  -  SRVLWLYH DOO FLUFXLWV FODVV ,,,...
  • Page 28 80 7HFKQLFDO GDWD  0HFKDQLFDO VWUHVV WHVWV 9LEUDWLRQ DQG VKRFN GXULQJ RSHUDWLRQ 6WDQGDUGV ,(&  DQG ,(&   9LEUDWLRQ VLQXVRLGDO ,(&  FODVV   +] WR  +]   PP DPSOLWXGH ,(&   +] WR  +]  J DFFHOHUDWLRQ VZHHS UDWH  RFWDYHPLQ  F\FOHV LQ  RUWKRJRQDO D[HV  6KRFN...
  • Page 29 80 7HFKQLFDO GDWD  3HUPLVVLEOH KXPLGLW\ PHDQ YDOXH SHU \HDU {  UHODWLYH KXPLGLW\ RQ  GD\V SHU \HDU  UHODWLYH KXPLGLW\ &RQGHQVDWLRQ QRW SHUPLVVLEOH :H UHFRPPHQG WKDW DOO XQLWV DUH LQVWDOOHG VXFK WKDW WKH\ DUH QRW VXEMHFWHG WR GLUHFW VXQOLJKW QRU WR ODUJH WHPSHUDWXUH IOXFWXDWLRQV ZKLFK PD\ JLYH ULVH WR FRQGHQVDWLRQ  6HUYLFH FRQGLWLRQV...
  • Page 30 80 7HFKQLFDO GDWD 2YHUIOX[ SURWHFWLRQ 8I! 6HWWLQJ UDQJHVVWHSV 2YHUIOX[ UDWLR  WR  VWHSV  7LPH GHOD\ 7 ZDUQLQJ VWDJH  V WR  V VWHSV  V :DUQ 7LPH GHOD\ 7 VWHSSHG FKDUDFWHULVWLF  V WR  V VWHSV  V RU * 5HVHW GHOD\ 7  V WR  V VWHSV  V ...
  • Page 31 80 7HFKQLFDO GDWD  3DUDPHWHU WLPH PXOWLSOLHU 7 )LJXUH  7ULSSLQJ WLPH FKDUDFWHULVWLFV RI WKHUPDO UHSOLFD RI WKH RYHUIOX[ SURWHFWLRQ SUHVHWWLQJV WPV     )LJXUH  7ULSSLQJ WLPH FKDUDFWHULVWLF RI WKH XQGHUYROWDJH SURWHFWLRQ SUHVHWWLQJV &*&...
  • Page 32 80 7HFKQLFDO GDWD 8QGHUYROWDJH SURWHFWLRQ 8 6HWWLQJ UDQJHVVWHSV ,QYHUVH WLPH XQGHUYROWDJH  9 WR  9 VWHSV  9 7 8  V WR  V VWHSV  V RU * 5HVHW GHOD\V  V WR  V VWHSV  V 3LFNXS WLPH  XQGHUYROWDJH DSSUR[  PV...
  • Page 33 80 7HFKQLFDO GDWD 2YHUYROWDJH SURWHFWLRQ 8! 8!! 6HWWLQJ UDQJHVVWHSV 2YHUYROWDJH 8! 8!!  9 WR  9 VWHSV  9 7LPH GHOD\V 7 8!  7 8#  V WR  V VWHSV  V RU * 5HVHW GHOD\V 7  V WR  V VWHSV  V 3LFNXS WLPHV  RYHUYROWDJH 8! 8#...
  • Page 34 80 7HFKQLFDO GDWD 6WDWRU HDUWK IDXOW  SURWHFWLRQ 5 6HWWLQJ UDQJHVVWHSV :DUQLQJ VWDJH 5  8 WR  8 VWHSV  8 7ULSSLQJ VWDJH 5  8 WR  8 VWHSV  8 &XUUHQW VWDJH ,!!  $ WR  $ VWHSV  $  +] YROWDJH IDLOXUH VXSHUYLVLRQ %/2&.
  • Page 35 80 7HFKQLFDO GDWD (DUWK IDXOW SURWHFWLRQ 8 6HWWLQJ UDQJHVVWHSV 'LVSODFHPHQW YROWDJH 8  9 WR  9 VWHSV  9 7LPH GHOD\ 7  V WR  V VWHSV  V RU * 5HVHW WLPH 7U  V WR  V VWHSV  V 3LFNXS WLPH  GLVSODFHPHQW YROWDJH 8...
  • Page 36 80 7HFKQLFDO GDWD )UHTXHQF\ SURWHFWLRQ I! 6HWWLQJ UDQJHVVWHSV 1XPEHU RI IUHTXHQF\ VWDJHV  DGMXVWDEOH I! RU I 3LFNXS YDOXH I! RU I  +] WR  +] VWHSV  +] 1XPEHU RI UHSHDWHG PHDVXUHPHQW IRU I! I  WR  VWHSV   DF SHULRGV SHU PHDVXUHPHQW 8QGHUYROWDJH ORFNRXW IRU I! I...
  • Page 37 80 7HFKQLFDO GDWD ,QWHUWXUQ IDXOW SURWHFWLRQ 8 6HWWLQJ UDQJHVVWHSV 'LVSODFHPHQW YROWDJH 8  9 WR  9 VWHSV  9 7LPH GHOD\ 7  V WR  V VWHSV  V RU * 5HVHW WLPH 7  V WR  V VWHSV  V 3LFNXS WLPH  GLVSODFHPHQW YROWDJH 8...
  • Page 38 80 7HFKQLFDO GDWD 5RWRU HDUWK IDXOW SURWHFWLRQ 5  ,QWHUQDO PHDVXUHPHQW SURFHGXUH 6HWWLQJ UDQJHVVWHSV :DUQLQJ VWDJHV 5( :$51 DQG 5( 7(67  N8 WR  N8 VWHSV  N8 7ULSSLQJ VWDJHV 5(" 75,3 DQG 5(" 7(67  N8 WR  N8 VWHSV  N8 3LFNXS YDOXH RI PHDV FLUFXLW VXSHUYLVLRQ 4F  P$V WR  P$V...
  • Page 39 80 7HFKQLFDO GDWD  3URFHVVLQJ RI PHDVXUHG VLJQDOV RI DQ H[WHUQDO URWDWLQJ URWRU HDUWK IDXOW SURWHFWLRQ 6HWWLQJ UDQJHVVWHSV :DUQLQJ VWDJHV 5( :$51 DQG 5( 7(67  N8 WR  N8 VWHSV  N8 7ULSSLQJ VWDJHV 5(" 75,3 DQG 5(" 7(67  N8 WR  N8 VWHSV  N8 7LPH GHOD\V 7...
  • Page 40 80 7HFKQLFDO GDWD             8 )LJXUH  $VVLJQPHQW EHWZHHQ LQSXW OHYHO DQG URWRU HDUWK UHVLVWDQFH 5 &*&...
  • Page 41 80 7HFKQLFDO GDWD  $QFLOODU\ IXQFWLRQV ([WHUQDO WULS FRPPDQGV YLD ELQDU\ LQSXW 6HWWLQJ UDQJHVVWHSV 7LPH GHOD\V 7  V WR  V VWHSV  V RU * 'URSRII GHOD\ 7  V WR  V VWHSV  V 7LPHV RSHUDWLQJ WLPH GHSHQGHQW RQ IUHTXHQF\ DSSUR[  PV DW  +] +] 'URSRII WLPHV...
  • Page 42 80 7HFKQLFDO GDWD 2SHUDWLRQDO PHDVXUHG YDOXHV PHDVXUHPHQW WUDQVIRUPDWLRQ  2SHUDWLRQDO YROWDJH YDOXHV LQ N9 SULPDU\ DQG LQ 9 VHFRQGDU\ /    1 /    1 /    1 0HDVXUHPHQW UDQJH  9 WR  9 7ROHUDQFH {  9  0D[LPXP YROWDJH YDOXH SKDVHWRSKDVH ...
  • Page 43 80 7HFKQLFDO GDWD  &KDUJH RQ SRODULW\ UHYHUVDO 0HDVXUHPHQW UDQJH  P$V WR  P$V 7ROHUDQFH {  P$V  5RWRU HDUWK UHVLVWDQFH 0HDVXUHPHQW UDQJH  N8 WR  N8 7ROHUDQFH RU  N8 IRU 5 {  N8 DQG & {  N) {  RU  N8 IRU 5...
  • Page 44 80 7HFKQLFDO GDWD 'DWD VWRUDJH IRU IDXOW UHFRUGLQJ RSWLRQDOO\ LQVWDQWDQHRXV YDOXHV RU UPV YDOXHV ,QVWDQWDQHRXV YDOXHV 6WRUDJH SHULRG SLFNXS RU WULS FRPPDQG  PV PD[  V VHOHFWDEOH SUHWULJJHU DQG SRVWIDXOW WLPH 6DPSOLQJ UDWH  LQVWDQWDQHRXV YDOXH SHU  PV DW  +]  LQVWDQWDQHRXV YDOXH SHU  PV DW  +] SKDVH YROWDJH /    1...
  • Page 45 80 7HFKQLFDO GDWD  2SHUDWLQJ UDQJHV RI WKH SURWHFWLRQ IXQFWLRQV 2SHUDW FRQG  2SHUDWLQJ FRQGLWLRQ  2SHUDW FRQG  3URWHFWLRQ IXQFWLRQ I {  +] {I+]{ {I+]{ I |  +] 2YHUIOX[ SURWHFWLRQ GHILQLWH WLPH LQDFWLYH DFWLYH DFWLYH LQDFWLYH 2YHUIOX[ SURWHFWLRQ WKHUPDO VWDJH LQDFWLYH DFWLYH DFWLYH...
  • Page 46 80 0HWKRG RI RSHUDWLRQ 0HWKRG RI RSHUDWLRQ 2SHUDWLRQ RI FRPSOHWH XQLW 7KH QXPHULFDO PDFKLQH SURWHFWLRQ 80 LV 7KH WUDQVGXFHUV RI WKH PHDVXUHG YDOXH LQSXW VHF HTXLSSHG ZLWK D SRZHUIXO DQG SURYHQ ELW PLFUR WLRQ 0( WUDQVIRUP WKH FXUUHQWV DQG YROWDJHV IURP WKH SURFHVVRU 7KLV SURYLGHV IXOO\ GLJLWDO SURFHVVLQJ RI PHDVXUHPHQW WUDQVIRUPHUV RI WKH VZLWFKJHDU DQG DOO IXQFWLRQV IURP GDWD DFTXLVLWLRQ RI PHDVXUHG YDO...
  • Page 47 80 0HWKRG RI RSHUDWLRQ ILOWHUV KDYH EHHQ RSWLPL]HG ZLWK UHJDUG WR EDQGZLGWK %LQDU\ LQSXWV DQG RXWSXWV WR DQG IURP WKH SURFHVVRU DQG SURFHVVLQJ VSHHG WR VXLW WKH PHDVXUHG YDOXH DUH FKDQQHOOHG YLD WKH LQSXWRXWSXW HOHPHQWV )URP SURFHVVLQJ 7KH PDWFKHG DQDORJ YDOXHV DUH WKHQ WKHVH WKH SURFHVVRU UHFHLYHV LQIRUPDWLRQ IURP WKH SDVVHG WR WKH DQDORJ LQSXW VHFWLRQ $( VZLWFKJHDU HJ UHPRWH UHVHWWLQJ RU IURP RWKHU...
  • Page 48 80 0HWKRG RI RSHUDWLRQ 2YHUIOX[ SURWHFWLRQ 8I! 7KH RYHUIOX[ SURWHFWLRQ LV XVHG WR GHWHFW LPSHUPLVVL  WKHUPDO LURQ WLPH FRQVWDQW RI WKH SUR EOH RYHUIOX[ FRQGLWLRQV ZKLFK FDQ HQGDQJHU WUDQV WHFWHG REMHFW IRUPHUV 6XFK FRQGLWLRQV DUH FDXVHG E\ DQ LQFUHDVH 4  UHIHUUHG WKHUPDO ORVVHV FRUUHVSRQG WR LQ YROWDJH DQGRU UHGXFWLRQ LQ IUHTXHQF\ WKH WHPSHUDWXUH ULVH DIWHU WKHUPDO HTXLOLE...
  • Page 49 8I! ZDUQ 8I WK ZDUQ 8 / 8 / 8I WK 7ULS 8 PD[ 8 / 50 WKHUP UHSO 5HVHW PHPRU\ 7ULS PDWUL[ IRU WKHUPDO UHSOLFD 8I! )DXOW 78I! 8I! 8I! 7ULS %ORFN 7 5(6(7 !8I EORFN 8I SURWHFWLRQ $QQXQFLDWLRQV %ORFN RI 7ULS VLJQDO...
  • Page 50 80 0HWKRG RI RSHUDWLRQ 8QGHUYROWDJH SURWHFWLRQ 8 7KH XQGHUYROWDJH SURWHFWLRQ PDLQO\ SURWHFWV FRQ 7KH XQGHUYROWDJH SURWHFWLRQ SURYLGHV D YROWDJH GH VXPHUV LQGXFWLRQ PDFKLQHV IURP WKH FRQVH SHQGHQW WULSSLQJ WLPH FKDUDFWHULVWLF 7KLV LV FRP TXHQFHV RI GDQJHURXV YROWDJH GURSV LQ LVODQG QHW SRVHG RI VL[ SDLUV RI YROWDJH YDOXHV ZLWK DVVRFLDWHG ZRUNV DQG SUHYHQWV LPSHUPLVVLEOH RSHUDWLQJ FRQGL WLPH GHOD\V )LJXUH  LOOXVWUDWHV WKH WULSSLQJ WLPH...
  • Page 51 80 0HWKRG RI RSHUDWLRQ )1R  8 7ULS 7ULS PDWUL[ )1R  8 )DXOW 7 5(6(7 %ORFN RI WULS VLJQDO )1R  %ORFN 8 )XQFWLRQ QXPEHU 8 EORFN $QQXQFLDWLRQV )LJXUH  /RJLF GLDJUDP RI XQGHUYROWDJH SURWHFWLRQ &*&...
  • Page 52 80 0HWKRG RI RSHUDWLRQ 2YHUYROWDJH SURWHFWLRQ 8! 8!! 2YHUYROWDJH SURWHFWLRQ KDV WKH WDVN RI SURWHFWLQJ WKH WKH KLJKHVW RI WKH WKUHH SKDVHWRSKDVH YROWDJHV HOHFWULFDO PDFKLQH DQG WKH DVVRFLDWHG HOHFWULFDO FDOFXODWHG IURP WKH SKDVHWRHDUWK YROWDJHV  7LPH SODQW FRQQHFWHG WR LW IURP WKH HIIHFWV RI LPSHUPLVVL VWDJHV DUH SURYLGHG WR EULGJH RXW VKRUW YROWDJH EOH YROWDJH LQFUHDVHV 2YHUYROWDJHV FDQ EH FDXVHG ULVHV $ ODUJH RYHUYROWDJH LQLWLDWHV D IDVW WULS E\ WKH...
  • Page 53 80 0HWKRG RI RSHUDWLRQ 6WDWRU HDUWK IDXOW  SURWHFWLRQ 5 7KH VWDWRU HDUWK IDXOW  SURWHFWLRQ GHWHFWV HDUWK 7KH  +] ELDV YROWDJH SURGXFHG E\ DQ H[WHUQDO IDXOWV LQ WKH VWDWRU ZLQGLQJV RI WKUHHSKDVH PD  +] JHQHUDWRU *  LV ILOWHUHG ) DQG FDXVHV D YROW FKLQHV ZKLFK DUH FRQQHFWHG YLD D EORFN XQLW WUDQV DJH GURS DFURVV WKH ORDGLQJ UHVLVWRU 5 ,W LV FRQ IRUPHU WR WKH V\VWHP...
  • Page 54 80 0HWKRG RI RSHUDWLRQ 0HDVXUHPHQW DFFXUDF\ FDQ EH LPSURYHG E\ LQWHUQDO SURFHVVHV WKH WRWDO HDUWK FXUUHQW LH XQILOWHUHG ,I FRPSHQVDWLRQ RI WKH SKDVH DQJOH HUURU RI WKH PHD ZLWK DQ HDUWK IDXOW QHDU WKH PDFKLQH WHUPLQDOV WKH VXULQJ WUDQVIRUPHUV LH WKH HDUWKLQJ WUDQVIRUPHU LQ HDUWK IDXOW FXUUHQW H[FHHGV WKH OLPLW RI WKLV FXUUHQW WHUPHGLDWH FW DV ZHOO DV WKH LQSXW WUDQVIRUPHUV ZLWK VWDJH HDUWK IDXOW LV GHWHFWHG HYHQ ZLWKRXW UHVLVWDQFH...
  • Page 55 8  IDLOXUH !8 IDLOXUH 8    V )DLOXUH 6() ,   8 6() 6() 8  QXP 75 6() ZDUQ ILOWHU 6() , 6() 6() )DXOW ,  6() 7ULS 75 7ULS PDWUL[  +] 75(6(7 %ORFN RI 6() 7ULS VLJQDO...
  • Page 56 80 0HWKRG RI RSHUDWLRQ (DUWK IDXOW SURWHFWLRQ 8 7KH HDUWK IDXOW SURWHFWLRQ PHDVXUHV WKH GLVSODFH 7KH GLVSODFHPHQW YROWDJH FDQ EH PHDVXUHG YLD WKH PHQW YROWDJH ZKLFK RFFXUV LQ FDVH RI DQ HDUWK IDXOW HQ ZLQGLQJ RSHQ GHOWD ZLQGLQJ RI D YROWDJH WUDQV 7KH HDUWK IDXOW SURWHFWLRQ LQ 80 LV DOVR VXLWDEOH IRUPHU VHW RU WKH PHDVXUHPHQW ZLQGLQJ RI D OLQH FRQ WR GHWHFW HDUWK IDXOWV EHWZHHQ JHQHUDWRU LVRODWRU DQG...
  • Page 57 80 0HWKRG RI RSHUDWLRQ )UHTXHQF\ SURWHFWLRQ )UHTXHQF\ SURWHFWLRQ LV XVHG WR GLVFRQQHFW HOHFWUL UDWHO\ IRU D QXPEHU ZKLFK FDQ EH VHW DV kPHDVXUH FDO PDFKLQHV IURP WKH QHWZRUN LQ WKH HYHQW RI DQ LP PHQW UHSHWLWLRQVl %\ WKLV ZD\ WULS GHOD\ LV GHWHU SHUPLVVLEOH XQGHUIUHTXHQF\ RU RYHUIUHTXHQF\ FRQ PLQHG E\ WKH VHW QXPEHU RI PHDVXUHPHQW UHSHWL GLWLRQ...
  • Page 58 80 0HWKRG RI RSHUDWLRQ ,I WKH RYHUIUHTXHQF\ SURWHFWLRQ FRXQWHU KDV DOUHDG\ ,I RYHUIUHTXHQF\ LV QRW GHWHFWHG EHIRUH WKH kRSHUDW FRXQWHG WR  RU KLJKHU DQG WKH IUHTXHQF\ KDV EHHQ LQJ FRQGLWLRQ l KDV GLVDSSHDUHG RU LI QRQH RI WKH KLJKHU WKDQ  +] ZKHQ kRSHUDWLQJ FRQGLWLRQ l GLV WKUHH YROWDJHV LV SUHVHQW RI VXIILFLHQW PDJQLWXGH WKH DSSHDUV WKH FRXQWHU LV LQFUHPHQWHG HYHU\ WKUHH DF FRXQWHU LV GHFUHPHQWHG XQWLO ]HUR LV UHDFKHG WKH...
  • Page 59 80 0HWKRG RI RSHUDWLRQ )1R  )1R  I  7ULS I  )DXOW %ORFN I )1R  !I EORFN )1R  )1R  I  7ULS I  )DXOW %ORFN I )1R  !I EORFN 7ULS PDWUL[ )1R  )1R  I  7ULS I  )DXOW...
  • Page 60 80 0HWKRG RI RSHUDWLRQ ,QWHUWXUQ IDXOW SURWHFWLRQ 8 7KH LQWHUWXUQ IDXOW LQ DQ HOHFWULFDO PDFKLQH LV GH ,I DQ LQWHUWXUQ VKRUWFLUFXLW RFFXUV WKH FHQWUH SRLQW RI WHFWHG E\ PHDVXULQJ WKH GLVSODFHPHQW YROWDJH 8 WKH YROWDJH WULDQJOH LV GLVSODFHG E\ D GLVSODFHPHQW RFFXUULQJ ZLWK WKLV NLQG RI IDXOW YROWDJH ZKLFK VKRXOG EH FDOOHG 8  7KLV GLVSODFH...
  • Page 61 80 0HWKRG RI RSHUDWLRQ 5RWRU HDUWK IDXOW SURWHFWLRQ 5 5RWRU HDUWK IDXOW SURWHFWLRQ LV XVHG WR GHWHFW KLJK 7KH GF LQWHUIHUHQFH LV HOLPLQDWHG E\ WKH IROORZLQJ DQG ORZRKPLF HDUWK IDXOWV LQ WKH H[FLWDWLRQ FLUFXLW RI PHWKRG 7KH SRODULW\ RI WKH ELDV GF YROWDJH 8 V\QFKURQRXV PDFKLQHV 2QH HDUWK IDXOW LQ WKH H[FL FRQVHFXWLYHO\ UHYHUVHG DQG UHSHDWHG PHDVXUH WDWLRQ ZLQGLQJ GRHV QRW FDXVH LPPHGLDWH GDPDJH...
  • Page 62 80 0HWKRG RI RSHUDWLRQ ;5 ;7 80 & &    &RXSOLQJ UHVLVWDQFH    0HDVXUHPHQW VKXQW    %LDV YROWDJH    &XUUHQW FDXVHG E\ 8 &    &RQWURO YROWDJH    0HDVXUHG YROWDJH &...
  • Page 63 80 0HWKRG RI RSHUDWLRQ )1R  )DLOXUH 5() ×GW  V )1R  5() RSHQ & & )1R  7    :$51    5 5() :DUQ & 7ULS )1R  )1R  5() )DXOW 5() 7ULS PDWUL[ 7    75,3    5 5(...
  • Page 64 80 0HWKRG RI RSHUDWLRQ  ([WHUQDO URWRU HDUWK IDXOW SURWHFWLRQ 507 80 FDQ SURFHVV WKH PHDVXUHG YDOXHV RI DQ H[ 7KH RSHUDWLQJ UDQJH  WR  P$ WUDQVPLWWHU RXWSXW WHUQDO URWRU HDUWK IDXOW SURWHFWLRQ GHYLFH ZKLFK IRU RU  WR  9 UHOD\ LQSXW DOORZV FRQWLQXRXV PRQLWRU H[DPSOH URWDWHV RQ WKH URWRU VKDIW URWDWLQJ PHD LQJ RI WKH WUDQVPLVVLRQ OLQN YDOXHV VPDOOHU WKDQ  9 VXUHG YDOXH WUDQVPLVVLRQ 507  7KH PHDVXUHG YDO...
  • Page 65 80 0HWKRG RI RSHUDWLRQ  ([WHUQDO WULS FRPPDQGV YLD ELQDU\ LQSXWV 8S WR IRXU GHVLUHG VLJQDO IURP H[WHUQDO SURWHFWLRQ RU 7KH VWDWXV RI WKH DVVLJQHG LQSXWV LV FKHFNHG LQ F\ VXSHUYLVLRQ XQLWV FDQ EH LQFRUSRUDWHG LQWR WKH SUR FOLF LQWHUYDOV $OWHUDWLRQ RI WKH LQSXW VWDWXV LV FRQVLG FHVVLQJ RI 80 7KH VLJQDOV DUH FRXSOHG DV k([ HUHG RQO\ DIWHU WZR VXEVHTXHQW VWDWXV FKHFNV ZLWK WHUQDO VLJQDOl YLD ELQDU\ LQSXWV /LNH WKH LQWHUQDO SUR...
  • Page 66 80 0HWKRG RI RSHUDWLRQ  6ZLWFKRYHU RI WKH SKDVH URWDWLRQ 7KH UHOD\ SURYLGHV WKH IDFLOLW\ WR FKDQJH WKH SKDVH 'XULQJ kRSHUDWLQJ FRQGLWLRQ l WKH SKDVH URWDWLRQ LV URWDWLRQ YLD HQHUJL]DWLRQ RI D ELQDU\ LQSXW 7KLV DO GHWHUPLQHG E\ WKH VWDWH RI WKH DVVLJQHG ELQDU\ LQSXW ORZV WR XVH DOO SURWHFWLRQ IXQFWLRQV LQ FDVH WKH SKDVH IRU SKDVH URWDWLRQ SURYLGHG WKH VWDWXV FKDQJH RI WKH URWDWLRQ LV FRXQWHUFORFNZLVH ZLWKRXW LQWHUFKDQJLQJ...
  • Page 67 80 0HWKRG RI RSHUDWLRQ  7ULS PDWUL[  7ULS FLUFXLW VXSHUYLVLRQ 7KH QXPHULFDO PDFKLQH SURWHFWLRQ 80 LQFOXGHV 7KH QXPHULFDO PDFKLQH SURWHFWLRQ 80 LQFOXGHV DQ LQWHJUDWHG WULS PDWUL[ 7KH WULS PDWUL[ UHSUHVHQWV WZR WULS FLUFXLW VXSHUYLVLRQ IXQFWLRQV 7ZR WULS FLUFXLWV WKH VZLWFKLQJ FHQWUH RI WKH SURWHFWLRQ 7KH FURVVEDU FDQ EH VXSHUYLVHG 7ZR ELQDU\ LQSXWV PXVW EH UH GLVWULEXWRU EHWZHHQ WKH SURWHFWLRQ WULS VLJQDOV DQG VHUYHG IRU HDFK WULS FLUFXLW VXSHUYLVLRQ 7KH\ KDYH WR...
  • Page 68 80 0HWKRG RI RSHUDWLRQ 80 %, 75 80 k)DLOXUH 7ULS FLUFXLWl %, 7&    7ULS UHOD\ RI 80    %LQDU\ LQSXW RI 80 RSHQ FORVHG 7&    &LUFXLW EUHDNHU FRLO &% DX[LOLDU\ FRQWDFWV VKRZQ IRU FORVHG EUHDNHU 7&...
  • Page 69 80 0HWKRG RI RSHUDWLRQ  $QFLOODU\ IXQFWLRQV 7KH DQFLOODU\ IXQFWLRQV RI WKH QXPHULFDO PDFKLQH 6RPH LQGLFDWRUV DQG UHOD\V LQGLFDWH FRQGLWLRQV LW LV SURWHFWLRQ 80 LQFOXGH QRW DSSURSULDWH WKDW WKHVH VKRXOG EH VWRUHG (TXDOO\ WKH\ FDQQRW EH UHVHW XQWLO WKH RULJLQDWLQJ FULWHULRQ  3URFHVVLQJ RI DQQXQFLDWLRQV KDV EHHQ UHPRYHG 7KLV PDLQO\ FRQFHUQV IDXOW LQGL FDWLRQV VXFK DV kDX[LOLDU\ YROWDJH IDXOWl HWF...
  • Page 70 80 0HWKRG RI RSHUDWLRQ $IWHU D IDXOW IRU H[DPSOH LPSRUWDQW LQIRUPDWLRQ FRQ FDQ EH VDPSOHG DW LQWHUYDOV RI  YDOXHV SHU DF SH FHUQLQJ LWV KLVWRU\ VXFK DV SLFNXS DQG WULSSLQJ FDQ ULRG DQG VWRUHG LQ D FLUFXODWLQJ VKLIW UHJLVWHU ,Q FDVH EH FDOOHG XS RQ WKH GLVSOD\ RI WKH GHYLFH 7KH IDXOW RI D IDXOW WKH GDWD DUH VWRUHG RYHU D VHOHFWDEOH WLPH LQFHSWLRQ LV LQGLFDWHG ZLWK WKH DEVROXWH WLPH RI WKH...
  • Page 71 80 0HWKRG RI RSHUDWLRQ  2SHUDWLQJ PHDVXUHPHQWV DQG RYHUIOX[ 88  8I FRQYHUVLRQ  8I WK WKH FDOFXODWHG WHPSHUDWXUH ULVH RI )RU ORFDO UHFDOO RU WUDQVPLVVLRQ RI GDWD WKH WUXH UPV RYHUIOX[ SURWHFWLRQ LQ RI WKH WULS YDOXHV RI WKH YROWDJHV WKH SRVLWLYH VHTXHQFH FRP WHPSHUDWXUH ULVH SRQHQW RI WKH YROWDJHV WKH PD[LPXP SKDVHWR SKDVH YROWDJH DV ZHOO DV WKH GLVSODFHPHQW YROWDJHV...
  • Page 72 80 0HWKRG RI RSHUDWLRQ ,Q WKH YROWDJH SDWK WKHUH DUH IRXU LQSXW FRQYHU  0HPRU\ PRGXOHV WHUV WKUHH FRQQHFWHG WR HDFK SKDVHHDUWK YROW DJH RQH IXUWKHU FDQ EH FRQQHFWHG WR WKH GLV 7KH PHPRU\ PRGXOHV DUH SHULRGLFDOO\ FKHFNHG SODFHPHQW YROWDJH 8  $ IDXOW LQ WKH YROWDJH FLU IRU IDXOW E\ FXLWV ZLOO EH UHFRJQL]HG ZKHQ...
  • Page 73 80 0HWKRG RI RSHUDWLRQ  9ROWDJH V\PPHWU\  3KDVH URWDWLRQ ,Q KHDOWK\ RSHUDWLRQ LW FDQ EH H[SHFWHG WKDW WKH 6LQFH FRUUHFW IXQFWLRQLQJ RI WKH SURWHFWLRQ IXQF YROWDJHV ZLOO EH DSSUR[LPDWHO\ V\PPHWULFDO WLRQV UHOLHV XSRQ D FORFNZLVH VHTXHQFH RI WKH 7KHUHIRUH WKH GHYLFH FKHFNV WKH WKUHH SKDVHWR SKDVH YROWDJHV V\PPHWULFDO FRPSRQHQWV  WKH SKDVH YROWDJHV IRU V\PPHWU\ 0RQLWRULQJ RI WKH GLUHFWLRQ RI URWDWLRQ LV PRQLWRUHG...
  • Page 74 80 0HWKRG RI RSHUDWLRQ 0RQLWRULQJ )DLOXUH FRYHUHG UHDFWLRQ  3ODXVLELOLW\ FKHFN RI YROWDJHV SKDVHHDUWK 5HOD\ IDLOXUHV LQ WKH VLJQDO DFTXLVLWLRQ FLUFXLWV  8SK8GHOWD [ X GHOD\HG DODUP k)DLOXUH 58SHl 6808WKUHV  680)DFW 8 [ 8 9ROWDJH XQEDODQFH SKDVHSKDVH 6KRUWFLUFXLW RU LQWHUUXSWLRQ SKDVH SKDVH LQ YW VHFRQGDU\ FLUFXLWV  6<0)DFW8 XQEDODQFHG YROWDJH RQ WKH V\VWHP...
  • Page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
  • Page 76 80 ,QVWDOODWLRQ LQVWUXFWLRQV  0RXQWLQJ DQG FRQQHFWLRQV  &KHFNLQJ WKH UDWHG GDWD  0RGHO 804 4%444 IRU SDQHO VXU 7KH UDWHG GDWD RI WKH XQLW PXVW EH FKHFNHG DJDLQVW WKH SODQW GDWD 7KLV DSSOLHV LQ SDUWLFXODU WR WKH DX[LO IDFH PRXQWLQJ LDU\ YROWDJH  6HFXUH WKH XQLW ZLWK IRXU VFUHZV WR WKH SDQHO )RU GLPHQVLRQV UHIHU WR )LJXUH ...
  • Page 77 ,QVWDOODWLRQ LQVWUXFWLRQV 80 Y!" 7vh…’ vƒˆ‡ ) T‚yqr… i…vqtr Y! 7vh…’ vƒˆ‡ ! ) T‚yqr… i…vqtr Y!! 7vh…’ vƒˆ‡ " ) T‚yqr… i…vqtr Y!" 7vh…’ vƒˆ‡ # ) T‚yqr… i…vqtr Y!# A‚… …h‡rq ‰‚y‡htr† !##'% W    ) T‚yqr…...
  • Page 78 80 ,QVWDOODWLRQ LQVWUXFWLRQV  ,QVHUWLQJ WKH EDFNXS EDWWHU\ 7KH GHYLFH DQQXQFLDWLRQV DUH VWRUHG LQ 19 5$0V VHUWHG EHIRUH WKH UHOD\ LV LQVWDOOHG 6HFWLRQ  H[ $ EDFNXS EDWWHU\ LV DYDLODEOH VR WKDW WKH\ DUH UH SODLQV LQ GHWDLO KRZ WR UHSODFH WKH EDFNXS EDWWHU\ WDLQHG HYHQ ZLWK D ORQJHU IDLOXUH RI WKH GF VXSSO\ -RLQ WKLV VHFWLRQ DFFRUGLQJO\ ZKHQ LQVHUWLQJ WKH EDW YROWDJH 7KH EDFNXS EDWWHU\ LV DOVR UHTXLUHG IRU WKH...
  • Page 79 ,QVWDOODWLRQ LQVWUXFWLRQV 80 ,I GDWD FDEOHV DUH XVHG WKH FRQQHFWLRQV DUH PDUNHG UHFHLYH FRQQHFWRU DUH GHVLJQDWHG ZLWK WKH V\PEROV LQ V\PSDWK\ ZLWK ,62  DQG ',1  IRU WUDQVPLW RXWSXW DQG IRU UHFHLYH LQ SXW 7UDQVPLW OLQH RI WKH UHVSHFWLYH XQLW )UDPH UHIHUHQFH IRU WKH WUDQVPLW OLQH 7KH QRUPDO VLJQDO SRVLWLRQ IRU WKH GDWD WUDQVPLVVLRQ LV IDFWRU\ SUHVHW DV kOLJKW RIIl 7KLV FDQ EH FKDQJHG...
  • Page 80 80 ,QVWDOODWLRQ LQVWUXFWLRQV /LQH FRQQHFWHG tr HDUWKLQJ WUDQVIRUPHU  9 /RDG UHVLVWRU  9 9ROWDJH GLYLGHU  9 80 )LJXUH  &RQQHFWLRQV IRU HDUWK IDXOW SURWHFWLRQ 8  H[DPSOH Irˆ‡…hy rh…‡uvt ‡…h†s‚…€r…  9 /RDG UHVLVWRU 5 ! C“ ihq ƒh††...
  • Page 81 ,QVWDOODWLRQ LQVWUXFWLRQV 80 tr +LJK YROWDJH FDEOH  9 80 )LJXUH  &RQQHFWLRQV IRU LQWHUWXUQ IDXOW SURWHFWLRQ 7KUHH WZRSKDVHLQVXODWHG YROWDJH WUDQVIRUPHUV 7KH PHDVXUHG YROWDJH LV FRXSOHG WR WKH H[FLWDWLRQ PXVW EH XVHG IRU WKH LQWHUWXUQ SURWHFWLRQ 7KH SUL FLUFXLW YLD WKH FRXSOLQJ XQLW ;5 RU ;5 RU PDU\ ZLQGLQJV RI WKH YWV DUH VWDU FRQQHFWHG DQG WKH ;5 7KUHH PRGHOV DUH DYDLODEOH 0RGHO VHFRQGDU\ ZLQGLQJV DUH RSHQGHOWD FRQQHFWHG 7KH...
  • Page 82 80 ,QVWDOODWLRQ LQVWUXFWLRQV / / / p‚‡…‚y 80  8 €rh† €rh† )LJXUH  &RQQHFWLRQ RI DQ H[WHUQDO URWRU HDUWK IDXOW SURWHFWLRQ 507 &RQWUROOHU XQLW / / / ;7 &RXSOLQJ XQLW ;5 RU ;5 p‚‡…‚y 80 €rh† HDUWKLQJ RI WKH JHQHUD WRU VKDIW )LJXUH  &RQQHFWLRQV IRU URWRU HDUWK IDXOW SURWHFWLRQ ZLWK FRQWUROOHU XQLW ;7% ...
  • Page 83 ,QVWDOODWLRQ LQVWUXFWLRQV 80 &RQWUROOHU XQLW / / / ;7 &RXSOLQJ XQLW ;5 80 p‚‡…‚y HDUWKLQJ RI WKH JHQHUDWRU VKDIW €rh† )LJXUH  &RQQHFWLRQV IRU URWRU HDUWK IDXOW SURWHFWLRQ ZLWK FRQWUROOHU XQLW ;7 $ &*&...
  • Page 84 80 ,QVWDOODWLRQ LQVWUXFWLRQV  &KHFNLQJ WKH FRQQHFWLRQV - $UH WKH FRQQHFWLRQV RI WKH GLVSODFHPHQW YROW DJH IRU LQWHUWXUQ IDXOW SURWHFWLRQ 8 FRUUHFW UH :DUQLQJ IHU WR )LJXUH  " 6RPH RI WKH IROORZLQJ WHVW VWHSV DUH FDUULHG - $UH WKH FRQQHFWLRQV EHWZHHQ FRQWUROOHU XQLW RXW LQ SUHVHQFH RI KD]DUGRXV YROWDJHV 7KH\ VKDOO EH SHUIRUPHG E\ TXDOLILHG SHU FRXSOLQJ XQLW DQG SURWHFWLRQ UHOD\ IRU URWRU...
  • Page 85 ,QVWDOODWLRQ LQVWUXFWLRQV 80 &RQILJXUDWLRQ RI RSHUDWLRQ DQG PHPRU\ IXQFWLRQV  2SHUDWLRQDO SUHFRQGLWLRQV DQG JHQHUDO )RU PRVW RSHUDWLRQDO IXQFWLRQV WKH LQSXW RI D FRGH WRU FDQ FDUU\ RXW VSHFLILF VHWWLQJV ZKLFK DUH W\SLFDO ZRUG LV QHFHVVDU\ 7KLV DSSOLHV IRU DOO HQWULHV YLD WKH IRU QRUPDO RSHUDWLRQ FRQGLWLRQV PHPEUDQH NH\ERDUG RU IURQW LQWHUIDFH ZKLFK FRQ FHUQ WKH RSHUDWLRQ RQ WKH UHOD\ IRU H[DPSOH...
  • Page 86 80 ,QVWDOODWLRQ LQVWUXFWLRQV 7KH GRXEOH DUURZ NH\ Â VZLWFKHV RYHU WR WKH ILUVW FRGHZRUG HQWU\ DUH ORVW 7KXV HUURQHRXV DOWHUDWLRQV FRQILJXUDWLRQ EORFN VHH EHORZ  8VH WKH NH\  WR FDQ EH PDGH LQHIIHFWLYH ILQG WKH DGGUHVV  7KH GLVSOD\ VKRZV WKH IRXU ,I RQH WULHV WR OHDYH WKH VHWWLQJ UDQJH IRU WKH FRQILJX GLJLW DGGUHVV QXPEHU LH EORFN DQG VHTXHQFH QXP UDWLRQ EORFNV LH DGGUHVV EORFNV  WR  ZLWK NH\V...
  • Page 87 ,QVWDOODWLRQ LQVWUXFWLRQV 80 7KH GDWH LQ WKH GLVSOD\ LV SUHVHW WR WKH (XURSHDQ IRUPDW     ' $ 7 ( ) 2 5 0 $ 7 'D\0RQWK<HDU 6ZLWFKRYHU WR WKH $PHULFDQ IRUPDW ' '  0 0  < < < < 0RQWK'D\<HDU LV DFKLHYHG E\ GHSUHVVLQJ WKH k1RlNH\ 1 WKHQ FRQILUP ZLWK WKH HQWU\ NH\ ( WZR ILJXUHV IRU WKH GD\...
  • Page 88 80 ,QVWDOODWLRQ LQVWUXFWLRQV  &KDQJLQJ WKH FRGHZRUGV  DGGUHVV EORFN  7KH FRGHZRUGV FDQ EH FKDQJHG LQ DGGUHVVHV  LWV 7KHQ WKH\ KDYH WR EH HQWHUHG ZLWK H[DFWO\ WKH WR  IRU DOO IRXU DYDLODEOH FRGH OHYHOV 7KLV DOORZV D VDPH QXPEHU RI GLJLWV IRU HDFK FRGH ZRUG HQWU\ GRZQJUDGLQJ RI WKH RSHUDWLQJ DXWKRUL]DWLRQ ,I WKH XVHU GRHV QRW FKDQJH WKH FRGHZRUGV WKHQ WKH...
  • Page 89 ,QVWDOODWLRQ LQVWUXFWLRQV 80  &RQILJXUDWLRQ RI WKH VHULDO LQWHUIDFHV  DGGUHVV EORFN  7KH GHYLFH SURYLGHV WZR VHULDO LQWHUIDFHV RQH 3& LQ 7KHVH GDWD DUH HQWHUHG WR WKH UHOD\ LQ DGGUHVV EORFN WHUIDFH IRU RSHUDWLRQ E\ PHDQV RI D RSHUDWRU WHUPLQDO  &RGHZRUG LQSXW RI FRGH OHYHO  LV QHFHVVDU\ UH RU SHUVRQDO FRPSXWHU LQ WKH IURQW DQG D IXUWKHU V\V IHU WR 6HFWLRQ   7KH GDWD PXVW EH FRRUGLQDWHG...
  • Page 90 80 ,QVWDOODWLRQ LQVWUXFWLRQV $GGUHVVHV  WR  DUH YDOLG IRU WKH RSHUDWLQJ DQG GLIIHUHQFHV RI WKH %DXGUDWH :LWK JRRG WUDQV 3& LQWHUIDFH RQ WKH IURQW RI WKH UHOD\ PLVVLRQ TXDOLW\  V LV DGHTXDWH 7KH YDOXH VKRXOG EH LQFUHDVHG ZKHQ WUDQVPLVVLRQ TXDOLW\ LV QRW VR 1RWH )RU RSHUDWRU SDQHO ;5 WKH 3&LQWHUIDFH JRRG ,W PXVW EH QRWHG WKDW *$36 PXVW EH VPDOOHU WKDQ WKH VHWWLQJ RI kUHDFWLRQ WLPH SURWHFWLRQ UHOD\l LQ...
  • Page 91 ,QVWDOODWLRQ LQVWUXFWLRQV 80 $GGUHVVHV  WR  DUH YDOLG IRU WKH V\VWHP /6$ LQWHUIDFH 'DWD IRUPDW IRU WKH V\VWHP /6$ LQWHUIDFH     6 < 6 , 1 7 ( 5 )  GDWD LQ DFFRUGDQFH ZLWK ,(&  DQG 9'(: 9 ' ( : ( ;...
  • Page 92 80 ,QVWDOODWLRQ LQVWUXFWLRQV  6HWWLQJV IRU IDXOW UHFRUGLQJ  DGGUHVV EORFN  7KH PDFKLQH SURWHFWLRQ UHOD\ LV HTXLSSHG ZLWK D 1RWH 7KH VHW WLPHV DUH UHODWHG RQ D V\VWHP IUHTXHQ IDXOW GDWD VWRUH VHH 6HFWLRQ   'LVWLQFWLRQ F\ RI  +] 7KH\ DUH WR EH PDWFKHG DFFRUGLQJO\ IRU PXVW EH PDGH EHWZHHQ WKH UHIHUHQFH LQVWDQW DQG GLIIHUHQW IUHTXHQFLHV WKH VWRUDJH FULWHULRQ DGGUHVV   1RUPDOO\ WKH...
  • Page 93 ,QVWDOODWLRQ LQVWUXFWLRQV 80 3RVWIDXOW WLPH DIWHU WKH VWRUDJH FULWHULRQ GLVDSSHDUV     7  3 2 6 7 6PDOOHVW VHWWLQJ YDOXH  V     /DUJHVW VHWWLQJ YDOXH  V 7KH WLPHV DUH PXOWLSOLHG E\  LQ FDVH RI VWRUDJH RI UPV YDOXHV FI DGGUHVV  7KH VWRUHG IDXOW YDOXHV VKRXOG EH    ...
  • Page 94 80 ,QVWDOODWLRQ LQVWUXFWLRQV &RQILJXUDWLRQ RI WKH SURWHFWLYH IXQFWLRQV  ,QWURGXFWLRQ 7KH GHYLFH 80 LV FDSDEOH RI SURYLGLQJ D VHULHV k1RlNH\ 1 DQ DOWHUQDWLYH WH[W WKHQ DSSHDUV HJ k121 (;,67l  7KHUH PD\ EH RWKHU DOWHUQDWLYHV RI SURWHFWLRQ DQG VXSSOHPHQWDU\ IXQFWLRQV 7KH ZKLFK FDQ WKHQ EH GLVSOD\HG E\ UHSHDWHG GHSUHV VFRSH RI WKH KDUG DQG ILUPZDUH LV PDWFKHG WR WKHVH IXQFWLRQV )XUWKHUPRUH LQGLYLGXDO IXQFWLRQV FDQ EH...
  • Page 95 ,QVWDOODWLRQ LQVWUXFWLRQV 80  3URJUDPPLQJ WKH VFRSH RI IXQFWLRQV  DGGUHVV EORFN  7KH DYDLODEOH SURWHFWLYH DQG DGGLWLRQDO IXQFWLRQV IXQFWLRQV OLPLW YDOXHV ZLOO QRW EH UHTXHVWHG GXULQJ FDQ EH SURJUDPPHG DV H[LVWLQJ RU QRW H[LVWLQJ )RU VHWWLQJ 6HFWLRQ   ,Q FRQWUDVW VZLWFKRII RI D VRPH IXQFWLRQV LW PD\ DOVR EH SRVVLEOH WR VHOHFW EH IXQFWLRQ PHDQV WKDW WKH IXQFWLRQ ZLOO EH SURFHVVHG WZHHQ PXOWLSOH DOWHUQDWLYHV...
  • Page 96 80 ,QVWDOODWLRQ LQVWUXFWLRQV ([WHUQDO WULS IDFLOLWLHV YLD ELQDU\ LQSXW ,QWHUWXUQ IDXOW SURWHFWLRQ     ( ; 7  7 5 , 3     ,  7 3 5 2 7  ( ; , 6 7 ( ;...
  • Page 97 ,QVWDOODWLRQ LQVWUXFWLRQV 80  6HWWLQJ WKH GHYLFH FRQILJXUDWLRQ  DGGUHVV EORFN  7KH FRQILJXUDWLRQ DIIHFWV WKH LQWHUDFWLRQ RI WKH SUR FLDOO\ WKH SURFHVVLQJ PHWKRG RI WKH URWRU HDUWK IDXOW WHFWLYH DQG DGGLWLRQDO IXQFWLRQV IRU 80 HVSH SURWHFWLRQ     ' ( 9 , &...
  • Page 98 80 ,QVWDOODWLRQ LQVWUXFWLRQV 0DUVKDOOLQJ RI ELQDU\ LQSXWV ELQDU\ RXWSXWV DQG /(' LQGLFDWRUV  ,QWURGXFWLRQ 7KH IXQFWLRQV RI WKH ELQDU\ LQSXWV DQG RXWSXWV UHSUH FDO LQSXW PRGXOH DQG VKRXOG LQLWLDWH D ORJLFDO IXQF VHQWHG LQ WKH JHQHUDO GLDJUDPV $SSHQGL[ $ UHODWH WLRQ QDPHO\ EORFNLQJ 7KH FRUUHVSRQGLQJ TXHVWLRQ WR WKH IDFWRU\ VHWWLQJV 7KH DVVLJQPHQW RI WKH LQSXWV WR WKH RSHUDWRU LV WKHQ :KLFK VLJQDO IURP D SK\VL...
  • Page 99 ,QVWDOODWLRQ LQVWUXFWLRQV 80 ( ,PPHGLDWHO\ WKH DVVRFLDWHG LGHQWLILFDWLRQ RI WKH 2QH FDQ SURFHHG WKURXJK WKH PDUVKDOOLQJ EORFNV ZLWK WKH NH\ Â RU JR EDFN ZLWK WKH NH\ Ä  :LWKLQ D IXQFWLRQ DSSHDUV IRU FKHFNLQJ SXUSRVHV 7KLV FDQ EORFN RQH JRHV IRUZDUGV ZLWK  RU EDFNZDUGV ZLWK EH DOWHUHG HLWKHU E\ HQWHULQJ D GLIIHUHQW IXQFWLRQ  (DFK IRUZDUG RU EDFNZDUG VWHS OHDGV WR GLVSOD\ RI QXPEHU RU E\ SDJLQJ WKURXJK WKH SRVVLEOH IXQF...
  • Page 100 80 ,QVWDOODWLRQ LQVWUXFWLRQV  0DUVKDOOLQJ RI WKH ELQDU\ LQSXWV  DGGUHVV EORFN  7KH XQLW FRQWDLQV  ELQDU\ LQSXWV ZKLFK DUH GHVLJ :LWK GLUHFW LQSXW RI WKH IXQFWLRQ QXPEHU OHDGLQJ ]HU QDWHG ,1387  WR ,1387  7KH\ FDQ EH PDUVKDOOHG RV QHHG QRW EH XVHG 7R LQGLFDWH WKH FRQWDFW PRGH LQ DGGUHVV EORFN  7KH DGGUHVV EORFN LV UHDFKHG WKH IXQFWLRQ QXPEHU FDQ EH H[WHQGHG E\ D GHFLPDO...
  • Page 101 ,QVWDOODWLRQ LQVWUXFWLRQV 80    , 1 3 8 7 1R IXUWKHU IXQFWLRQV DUH LQLWLDWHG E\ ELQDU\ LQSXW  Q R W D O O R F D W H G /HDYH WKH VHOHFWLRQ OHYHO ZLWK NH\ FRPELQDWLRQ )  <RX FDQ JR WKHQ WR WKH QH[W ELQDU\ LQSXW ZLWK WKH DUURZ NH\ $EEUHYLDWLRQ 'HVFULSWLRQ QRW DOORFDWHG...
  • Page 102 80 ,QVWDOODWLRQ LQVWUXFWLRQV $GGU VW GLVSOD\ OLQH QG GLVSOD\ OLQH 5HPDUNV +HDGLQJ RI WKH DGGUHVV EORFN  0$56+$//,1* %,1$5< ,13876 $FNQRZOHGJH DQG UHVHW RI VWRUHG /(' DQG GLV  %,1$5< ,1387  SOD\ LQGLFDWLRQV /(' WHVW ,1387  !/(' UHVHW  %,1$5<...
  • Page 103 ,QVWDOODWLRQ LQVWUXFWLRQV 80  0DUVKDOOLQJ RI WKH VLJQDO RXWSXW UHOD\V  DGGUHVV EORFN  7KH XQLW FRQWDLQV  VLJQDO RXWSXWV DODUP UHOD\V  JUDPPHG RXW kGHFRQILJXUHGl  UHIHU WR 6HFWLRQ 2QH VLJQDO UHOD\ LV SHUPDQHQWO\ DVVLJQHG DQG DQ   QXQFLDWHV WKH UHDGLQHVV IRU RSHUDWLRQ RI WKH XQLW7KH RWKHU VLJQDO UHOD\V DUH GHVLJQDWHG 6,*1$/ 5(/$<...
  • Page 104 80 ,QVWDOODWLRQ LQVWUXFWLRQV $EEUHYLDWLRQ 'HVFULSWLRQ 1R DQQXQFLDWLRQ DOORFDWHG QRW DOORFDWHG 6\QFKURQL]H LQWHUQDO UHDO WLPH FORFN !7LPH 6\QFKUR 6WDUW IDXOW UHFRUGLQJ IURP H[WHUQDO FRPPDQG YLD ELQDU\ LQSXW !6WDUW )OW5HF 5HVHW /(' LQGLFDWRUV !5HVHW /(' 3DUDPHWHU VHW VHOHFWLRQ  LQ FRQQHFWLRQ ZLWK  !3DUDP6HOHF 3DUDPHWHU VHW VHOHFWLRQ  LQ FRQQHFWLRQ ZLWK  !3DUDP6HOHF...
  • Page 105 ,QVWDOODWLRQ LQVWUXFWLRQV 80 $EEUHYLDWLRQ 'HVFULSWLRQ 2SHUDWLQJ FRQGLWLRQ  VXLWDEOH PHDVXUHG YDOXHV DUH SUHVHQW  2SHUDW &RQG  !3KDVH URWDW 3KDVH URWDWLRQ LV UHYHUVHG WR FRXQWHUFORFNZLVH &ORFNZLVH SKDVH URWDWLRQ  &ORFNZLVH &RXQWHUFORFNZLVH SKDVH URWDWLRQ  &RXQWHUFORFN %ORFN VWDWRU HDUWK IDXOW SURWHFWLRQ 8  !8! EORFN 6WDWRU HDUWK IDXOW SURWHFWLRQ 8...
  • Page 106 80 ,QVWDOODWLRQ LQVWUXFWLRQV $EEUHYLDWLRQ 'HVFULSWLRQ  5() )DXOW 5RWRU HDUWK IDXOW SURWHFWLRQ )DXOW GHWHFWLRQ  5() 7ULS 5RWRU HDUWK IDXOW SURWHFWLRQ 7ULS  )DLOXUH 507 )DLOXUH URWDWLQJ PHDVXULQJ YDOXH WUDQVPLVVLRQ  7HVW 5() ZDUQ 5RWRU HDUWK IDXOW SURWHFWLRQ :DUQLQJ VWDJH GXULQJ WHVW RSHUDWLRQ  7HVW 5() 7ULS 5RWRU HDUWK IDXOW SURWHFWLRQ 7ULS GXULQJ WHVW RSHUDWLRQ...
  • Page 107 ,QVWDOODWLRQ LQVWUXFWLRQV 80 $GGU VW GLVSOD\ OLQH QG GLVSOD\ OLQH 5HPDUNV  0$56+$//,1* 6,*1$/ 5(/$<6 +HDGLQJ RI WKH DGGUHVV EORFN  6,*1$/ 5(/$<  5(/$<  6() 7ULS  7ULS E\ VWDWRU HDUWK IDXOW SURWHFWLRQ  6,*1$/ 5(/$<  5(/$<  5() 7ULS  7ULS E\ URWRU HDUWK IDXOW SURWHFWLRQ...
  • Page 108 80 ,QVWDOODWLRQ LQVWUXFWLRQV  0DUVKDOOLQJ RI WKH /(' LQGLFDWRUV  DGGUHVV EORFN  7KH XQLW FRQWDLQV  /('V IRU RSWLFDO LQGLFDWLRQV  HVVDU\ WR LQSXW WKH OHDGLQJ ]HURV 7R LQGLFDWH ZKHWK HU WKH VWRUHG RU XQVWRUHG PRGH VKDOO EH HIIHFWLYH WKH RI ZKLFK FDQ EH PDUVKDOOHG 7KH\ DUH GHVLJQDWHG IXQFWLRQ QXPEHU FDQ EH H[WHQGHG E\ D GHFLPDO /('  WR /('  DQG FDQ EH PDUVKDOOHG LQ DGGUHVV...
  • Page 109 ,QVWDOODWLRQ LQVWUXFWLRQV 80 $IWHU LQSXW RI DOO DQQXQFLDWLRQ IXQFWLRQV IRU /('  FKDQJHEDFN WR WKH PDUVKDOOLQJ OHYHO LV FDUULHG RXW ZLWK )      / ( ' $OORFDWLRQV IRU /('  0HDQLQJ k)DLOXUH LQ RQH RI WKH LQWHUQDO GF VXSSO\ FLUFXLWVl $GGU VW GLVSOD\ OLQH QG GLVSOD\ OLQH...
  • Page 110 80 ,QVWDOODWLRQ LQVWUXFWLRQV  0DUVKDOOLQJ RI WKH FRPPDQG WULS UHOD\V  DGGUHVV EORFN  7KH XQLW FRQWDLQV  WULS UHOD\V ZKLFK DUH GHVLJQDWHG 7DEOH  VKRZV WKH OLVW RI DOO WKH FRPPDQG IXQFWLRQV 75,3 5(/$<  WR 75,3 5(/$<  7KH WULS UHOD\V FDQ ZLWK WKHLU DVVRFLDWHG IXQFWLRQ QXPEHU )1R ,QSXW EH PDUVKDOOHG LQ WKH DGGUHVV EORFN  7KH EORFN LV IXQFWLRQV QDWXUDOO\ KDYH QR HIIHFW LI WKH FRUUHVSRQG...
  • Page 111 ,QVWDOODWLRQ LQVWUXFWLRQV 80 7ULS UHOD\  KDV EHHQ SUHVHW IRU    7 5 , 3 5 ( /  WK 7ULS E\ VWDWRU HDUWK IDXOW SURWHFWLRQ 8 8  ! 7 U L S )1R  7ULS UHOD\  KDV EHHQ SUHVHW IRU    7 5 , 3 5 ( / ...
  • Page 112 80 ,QVWDOODWLRQ LQVWUXFWLRQV $GGU VW GLVSOD\ OLQH QG GLVSOD\ OLQH 5HPDUNV  0$56+$//,1* 75,3 5(/$<6 +HDGLQJ RI WKH DGGUHVV EORFN  75,3 5(/$<  75,3 5(/  7HVW 7ULS   75,3 5(/  6() 7ULS  75,3 5(/  8I! 7ULS  75,3 5(/ ...
  • Page 113 ,QVWDOODWLRQ LQVWUXFWLRQV 80       AI‚  36ˆp AI‚  ! 36ˆp ! AI‚  " 36ˆp " AI‚  # 36ˆp # AI‚ #$"& @‘‡ BrU…ƒ @‘‡ ! BrU…ƒ AI‚ #$$& @‘‡ " BrU…ƒ AI‚ #$&& @‘‡...
  • Page 114 80 2SHUDWLQJ LQVWUXFWLRQV 2SHUDWLQJ LQVWUXFWLRQV 6DIHW\ SUHFDXWLRQV 7KH NH\ERDUG FRPSULVHV  NH\V ZLWK QXPEHUV :DUQLQJ <HV1R DQG FRQWURO EXWWRQV 7KH VLJQLILFDQFH RI WKH NH\V LV H[SODLQHG LQ GHWDLO LQ WKH IROORZLQJ $OO VDIHW\ SUHFDXWLRQV ZKLFK DSSO\ IRU ZRUN LQ HOHFWULFDO LQVWDOODWLRQV DUH WR EH REVHUYHG 1XPHULFDO NH\V IRU WKH LQSXW RI QXPHUDOV GXULQJ WHVWV DQG FRPPLVVLRQLQJ 'LJLWV  WR  IRU QXPHULFDO LQSXW...
  • Page 115 80 2SHUDWLQJ LQVWUXFWLRQV &RQILUPDWLRQ NH\  2SHUDWLRQ ZLWK D SHUVRQDO FRP SXWHU (QWHU RU FRQILUPDWLRQ NH\ HDFK QX PHULFDO LQSXW RU FKDQJH YLD WKH <HV 1R NH\V PXVW EH FRQILUPHG E\ WKH $ SHUVRQDO FRPSXWHU DOORZV MXVW DV WKH RSHUDWRU HQWHU NH\ RQO\ WKHQ GRHV WKH GH SDQHO DOO WKH DSSURSULDWH VHWWLQJV LQLWLDWLRQ RI WHVW YLFH DFFHSW WKH FKDQJH 7KH HQWHU...
  • Page 116 80 2SHUDWLQJ LQVWUXFWLRQV  5HSUHVHQWDWLRQ RI WKH UHOD\ IURQW YLHZ 5HDGLQHVV LQGLFDWLRQ 8QLW IDXOW LQGLFDWLRQ JUHHQ UHG /('  WR  UHG  FDQ EH PDUVKDOOHG SUHVHWWLQJV EHORZ %HWULHE6HUYLFH 6WÐUXQJ%ORFNHG 7ZR OLQH GLVSOD\ /&' ZLWK  0DVFKLQHQVFKXW] FKDUDFWHUV HDFK *HQHUDWRU 3URWHFWLRQ 212)) VZLWFK IRU LQWHJUDWHG SRZHU VXSSO\...
  • Page 117 80 2SHUDWLQJ LQVWUXFWLRQV 6HWWLQJ WKH IXQFWLRQDO SDUDPHWHUV  ,QWURGXFWLRQ  $GGUHVVHV ZKLFK UHTXLUH WH[W LQSXW  3DUDPHWHUL]LQJ SURFHGXUH 7KH GLVSOD\ VKRZV WKH IRXUGLJLW DGGUHVV LH )RU VHWWLQJ WKH IXQFWLRQDO SDUDPHWHUV LW LV QHFHVVDU\ EORFN DQG VHTXHQFH QXPEHU HJ  IRU EORFN WR HQWHU WKH FRGHZRUG RI FRGH OHYHO  VHH 6HFWLRQ  VHTXHQFH QXPEHU   %HKLQG WKH EDU DSSHDUV   :LWKRXW FRGHZRUG HQWU\ SDUDPHWHUV FDQ EH...
  • Page 118 80 2SHUDWLQJ LQVWUXFWLRQV ,I RQH WULHV WR OHDYH WKH VHWWLQJ UDQJH IRU WKH IXQFWLRQ $OO SDUDPHWHU VHWV FDQ EH DFFHVVHG LQ D VLPLODU PDQ DO SDUDPHWHU EORFNV LH DGGUHVV EORFNV  WR  QHU ZLWK NH\V Â Ä WKH GLVSOD\ VKRZV WKH TXHVWLRQ k(1' - .H\ FRPELQDWLRQ )  2) &2'(:25' 23(5$7,21 "l 3UHVV WKH k1Rl DFFHVV WR SDUDPHWHU VHW $...
  • Page 119 80 2SHUDWLQJ LQVWUXFWLRQV )ROORZLQJ FRS\LQJ RQO\ VXFK SDUDPHWHUV QHHG EH &RS\ FKDQJHG ZKLFK DUH WR EH GLIIHUHQW IURP WKH VRXUFH $GGU IURP SDUDPHWHU VHW  25,*6(7 6(7 $ 3DUDPHWHUL]LQJ PXVW EH WHUPLQDWHG IRU HDFK SDUDP HWHU VHW DV GHVFULEHG LQ 6HFWLRQ   25,*6(7 6(7 %...
  • Page 120 80 2SHUDWLQJ LQVWUXFWLRQV  ,QLWLDO GLVSOD\V  DGGUHVV EORFNV  DQG  :KHQ WKH UHOD\ LV VZLWFKHG RQ ILUVWO\ WKH DGGUHVV  DQG WKH W\SH LGHQWLILFDWLRQ RI WKH UHOD\ DSSHDUV $OO 6LHPHQV UHOD\V KDYH DQ 0/)% PDFKLQH UHDGDEOH W\SH QXPEHU  :KHQ WKH GHYLFH LV RSHUDWLYH DQG GLVSOD\V D TXLHVFHQW PHVVDJH DQ\ GHVLUHG DGGUHVV FDQ EH UHDFKHG HJ E\ SUHVVLQJ WKH GLUHFW DGGUHVV NH\ '$ IROORZHG E\ WKH DGGUHVV QXPEHU 7KH UHOD\ LQWURGXFHV LWVHOI E\ JLYLQJ LWV W\SH QXP...
  • Page 121 80 2SHUDWLQJ LQVWUXFWLRQV 7KH LQVWUXPHQW WUDQVIRUPHU GDWD DUH HQWHUHG LQ EORFN      , 1 6 7 5 8 0 ( 1 7 %HJLQQLQJ RI EORFN 7 5 $ 1 6 ) 2 5 0 ( 5 ' $ 7 $ k,QVWUXPHQW WUDQVIRUPHU GDWDl 3ULPDU\ UDWHG YROWDJH RI YROWDJH WUDQVIRUPHUV...
  • Page 122 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU RYHUIOX[ SURWHFWLRQ  DGGUHVV EORFN      2 9 ( 5 ) / 8 ; %HJLQQLQJ RI WKH EORFN k2YHUIOX[ SURWHFWLRQ IXQFWLRQ 8Il 3 5 2 7 ( & 7 , 2 1 8  I     8  I...
  • Page 123 80 2SHUDWLQJ LQVWUXFWLRQV 5HVHW GHOD\ DIWHU WULS VLJQDO KDV EHHQ LQLWLDWHG     7  5 ( 6 ( 7 6HWWLQJ UDQJH  V WR  V     7KHUPDO ZDUQLQJ WHPSHUDWXUH ULVH LQ RI WULSSLQJ WHP     : $ 5 1 7 + ( 5 0...
  • Page 124 80 2SHUDWLQJ LQVWUXFWLRQV     7  8  I  7LPH GHOD\ 7 RI QG FKDUDFWHULVWLF YDOXH 6HWWLQJ UDQJH  V WR  V     8  I  UG FKDUDFWHULVWLF YDOXH RI RYHUIOX[ 8I 6HWWLQJ UDQJH  WR     ...
  • Page 125 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU XQGHUYROWDJH SURWHFWLRQ  DGGUHVV EORFN      %HJLQQLQJ RI WKH EORFN k8QGHUYROWDJH SURWHFWLRQl 8 1 ' ( 5 9 2 / 7 $ * (     8 1 ' ( 5 9 2 / 7  6ZLWFK 2)) RI WKH XQGHUYROWDJH SURWHFWLRQ 2 ) ) 6ZLWFK 21 RI WKH XQGHUYROWDJH SURWHFWLRQ...
  • Page 126 80 2SHUDWLQJ LQVWUXFWLRQV VW FKDUDFWHULVWLF YDOXH 8 RI XQGHUYROWDJH GHSHQ      GHQW WLPH FKDUDFWHULVWLF 6HWWLQJ UDQJH  9 WR  9 7LPH GHOD\ 7 RI VW FKDUDFWHULVWLF YDOXH     7  8   6HWWLQJ UDQJH  V WR  V...
  • Page 127 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU RYHUYROWDJH SURWHFWLRQ  DGGUHVV EORFN      2 9 ( 5 %HJLQQLQJ RI WKH EORFN k2YHUYROWDJH SURWHFWLRQl 9 2 / 7 $ * (     2 9 ( 5 9 2 / 7  6ZLWFK 2)) RI WKH RYHUYROWDJH SURWHFWLRQ 2 ) ) 6ZLWFK 21 RI WKH RYHUYROWDJH SURWHFWLRQ...
  • Page 128 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU VWDWRU HDUWK IDXOW  SURWHFWLRQ  DGGUHVV EORFN      6 7 $ 7 2 5 (  ) %HJLQQLQJ RI WKH EORFN k6WDWRU HDUWK IDXOW  SURWHFWLRQl    3 5 2 7 ( &...
  • Page 129 80 2SHUDWLQJ LQVWUXFWLRQV ([DFW FDOFXODWLRQ RI WKH VWDWRU HDUWK UHVLVWDQFH WDNHV :LWK D GHVLUHG SURWHFWLRQ UDQJH RI  RI WKH VWDWRU D UHODWLYHO\ ORQJ LQKHUHQW RSHUDWLRQ WLPH RI WKH HDUWK ZLQGLQJV IRU WKH HDUWK FXUUHQW VWDJH WKLV VWDJH PXVW IDXOW  SURWHFWLRQ EHFDXVH RI WKH LQWHJUDWLRQ SLFN XS DW RI WKH IXOO GLVSODFHPHQW YROWDJH WKH...
  • Page 130 80 2SHUDWLQJ LQVWUXFWLRQV  N9 HJ  9 O&7 ,&7    ,QWHUPHGLDWH FXUUHQW WUDQVIRUPHU HJ  $ $    /RDGLQJ UHVLVWRU    9ROWDJH GLYLGHU  9 9    0HDVXUHG YROWDJH DW UHOD\ LQSXW    0HDVXUHG FXUUHQW DW UHOD\ LQSXW     +] EDQG SDVV ILOWHU  +]     +] JHQHUDWRU...
  • Page 131 80 2SHUDWLQJ LQVWUXFWLRQV     6  (  ) , ! ! 3LFNXS YDOXH RI FXUUHQW WULSSLQJ VWDJH 6HWWLQJ UDQJH  $ WR  $         7  5 ( 6 ( 7 5HVHW GHOD\ DIWHU WULS VLJQDO KDV EHHQ LQLWLDWHG 6HWWLQJ UDQJH  V WR  V...
  • Page 132 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU VWDWRU HDUWK IDXOW SURWHFWLRQ 8 !  DGGUHVV EORFN      %HJLQQLQJ RI WKH EORFN k(DUWK IDXOW SURWHFWLRQ 8 ( $ 5 7 + ) $ 8 / 7 8  !     6 ( ) 3 5 2 7 ...
  • Page 133 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU IUHTXHQF\ SURWHFWLRQ  DGGUHVV EORFN      2 9 ( 5  8 1 ' ( 5 %HJLQQLQJ RI WKH EORFN k2YHUIUHTXHQF\ DQG XQGHUIUHTXHQF\ SURWHFWLRQl ) 5 ( 4 8 ( 1 & <     6ZLWFK 2)) RI WKH IUHTXHQF\ SURWHFWLRQ 2 ) )
  • Page 134 80 2SHUDWLQJ LQVWUXFWLRQV 1XPEHU RI PHDVXUHPHQW UHSHWLWLRQV  DF SHULRGV     0 ( $  5 ( 3  I  HDFK IRU IUHTXHQF\ VWDJH I 6HWWLQJ UDQJH  WR  3LFNXS YDOXH RI WKH IUHTXHQF\ VWDJH I     6 7 $ * ( 6HWWLQJ UDQJH...
  • Page 135 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU PHDVXUHG YDOXH PRQLWRULQJ  DGGUHVV EORFN  7KH GLIIHUHQW PRQLWRULQJ IXQFWLRQV RI WKH SURWHFWLYH 7KH VHQVLWLYLW\ RI WKH PHDVXUHG YDOXH PRQLWRULQJ FDQ UHOD\ DUH GHVFULEHG LQ 6HFWLRQ  7KH\ SDUWO\ EH FKDQJHG LQ EORFN  7KH IDFWRU\ VHWWLQJV DUH VXI PRQLWRU WKH UHOD\ LWVHOI SDUWO\ WKH VWHDG\VWDWH PHD ILFLHQW LQ PRVW FDVHV ,I SDUWLFXODUO\ KLJK RSHUDWLRQDO VXUHG YDOXHV RI WKH WUDQVIRUPHU FLUFXLWV...
  • Page 136 80 2SHUDWLQJ LQVWUXFWLRQV  &RXSOLQJ H[WHUQDO WULS VLJQDOV  DGGUHVV EORFNV  WR  8S WR IRXU GHVLUHG VLJQDOV IURP H[WHUQDO SURWHFWLRQ RU WLRQ DQG VXSHUYLVLRQ VLJQDOV WKH\ FDQ EH DQQXQ VXSHUYLVLRQ XQLWV FDQ EH LQFOXGHG LQWR WKH SURFHVV FLDWHG DV k([WHUQDO WULSl WLPH GHOD\HG DQG WUDQV LQJ RI 80 7KH VLJQDOV DUH FRXSOHG DV k([WHUQDO PLWWHG WR WKH WULS PDWUL[ VLJQDOVl YLD ELQDU\ LQSXWV /LNH WKH LQWHUQDO SURWHF...
  • Page 137 80 2SHUDWLQJ LQVWUXFWLRQV     ( ; 7 ( 5 1 $ / %HJLQQLQJ RI WKH EORFN k,QFOXGLQJ RI DQ H[WHUQDO WULS 7 5 , 3 ) 8 1 & 7 , 2 1 IXQFWLRQ l     ( ;...
  • Page 138 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU LQWHUWXUQ IDXOW SURWHFWLRQ  DGGUHVV EORFN      , 1 7 ( 5 7 8 5 1 %HJLQQLQJ RI WKH EORFN k,QWHUWXUQ IDXOW SURWHFWLRQl ) $ 8 / 7 3 5 2 7 ( & 7 , 2 1     , 1 7 ( 5 7 8 5 1 6ZLWFK 2)) RI LQWHUWXUQ IDXOW SURWHFWLRQ...
  • Page 139 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU URWRU HDUWK IDXOW SURWHFWLRQ  DGGUHVV EORFN      5 2 7 2 5 %HJLQQLQJ RI WKH EORFN k5RWRU HDUWK IDXOW SURWHFWLRQl ( $ 5 7 + ) $ 8 / 7     5 2 7 2 5 (  )
  • Page 140 80 2SHUDWLQJ LQVWUXFWLRQV     7  5 ( 6 ( 7 5HVHW WLPH DIWHU WULS VLJQDO KDV EHHQ LQLWLDWHG 6HWWLQJ UDQJH  V WR  V     7KH URWRU HDUWK IDXOW SURWHFWLRQ FDQ EH WHVWHG GXULQJ  LV SURGXFHG ZKHQ WKH WHVW WKUHVKROG 5( RSHUDWLRQ $ ELQDU\ LQSXW k!7HVW 5()l )1R 7(67 DGGUHVV  LV UHDFKHG DQG WKH DQQXQFL...
  • Page 141 80 2SHUDWLQJ LQVWUXFWLRQV  6HWWLQJV IRU WULS FLUFXLW VXSHUYLVLRQ  DGGUHVV EORFN  %LQDU\ LQSXWV RI WKH GHYLFH FDQ EH XVHG IRU WKH WZR 7KH WULS FLUFXLWV DUH FKHFNHG DSSUR[ WZR WR WKUHH WULS FLUFXLW VXSHUYLVLRQ IXQFWLRQV UHIHU 6HFWLRQ   WLPHV SHU VHFRQG $ODUP GHOD\ LV GHWHUPLQHG E\ WKH (DFK WULS FLUFXLW VXSHUYLVLRQ QHHGV WZR ELQDU\ LQ QXPEHU RI PHDVXUHPHQW UHSHWLWLRQV DGGUHVV...
  • Page 142 80 2SHUDWLQJ LQVWUXFWLRQV $QQXQFLDWLRQV  ,QWURGXFWLRQ $IWHU D IDXOW DQQXQFLDWLRQV DQG PHVVDJHV SURYLGH D  3UHVV NH\ 06 0 VWDQGV IRU kPHVVDJHVl 6 IRU VXUYH\ RI LPSRUWDQW IDXOW GDWD DQG WKH IXQFWLRQ RI WKH kVLJQDOVl  WKHQ WKH DGGUHVV  DSSHDUV DXWR UHOD\ DQG VHUYH IRU FKHFNLQJ VHTXHQFHV RI IXQFWLRQ PDWLFDOO\ DV WKH EHJLQQLQJ RI WKH DQQXQFLDWLRQ DO VWHSV GXULQJ WHVWLQJ DQG FRPPLVVLRQLQJ )XUWKHU...
  • Page 143 80 2SHUDWLQJ LQVWUXFWLRQV  2SHUDWLRQDO DQQXQFLDWLRQV  DGGUHVV EORFN  2SHUDWLRQDO DQG VWDWXV DQQXQFLDWLRQV FRQWDLQ LQIRU $IWHU VHOHFWLRQ RI WKH DGGUHVV  E\ GLUHFW VHOHF WLRQ ZLWK '$     ( DQGRU SDJLQJ ZLWK Â RU Ä PDWLRQ ZKLFK WKH XQLW SURYLGHV GXULQJ RSHUDWLRQ DQG DQG IXUWKHU VFUROOLQJ  RU WKH RSHUDWLRQDO DQQXQFL DERXW WKH RSHUDWLRQ 7KH\ EHJLQ DW DGGUHVV  DWLRQV DSSHDU 7KH ER[HV EHORZ VKRZ DOO DYDLODEOH...
  • Page 144 80 2SHUDWLQJ LQVWUXFWLRQV ! ( [ W W U L S ([WHUQDO WULS VLJQDO  YLD ELQDU\ LQSXW &* &KDQJHRYHU WR FRXQWHUFORFNZLVH SKDVH URWDWLRQ YLD ! 3 K D V H U R W D W  ELQDU\ LQSXW .* %ORFN IUHTXHQF\ SURWHFWLRQ VWDJH I YLD ELQDU\ LQSXW ! I ...
  • Page 145 80 2SHUDWLQJ LQVWUXFWLRQV ) O W  5 H F ' D W ' H O )DXOW UHFRUGLQJ GDWD GHOHWHG & ) O W  5 H F  Y L D % , )DXOW UHFRUGLQJ WULJJHUHG YLD ELQDU\ LQSXW & ) O W  5 H F  Y L D .
  • Page 146 80 2SHUDWLQJ LQVWUXFWLRQV ) D L O X U H )DLOXUH LQ LQWHUQDO VXSSO\ YROWDJH  9 &* ) D L O X U H )DLOXUH LQ RIIVHW YROWDJH  9 &* ) D L O  7 U L S 5 H O )DLOXUH RQ WULS UHOD\ &* / 6 $ G L V U X S W H G...
  • Page 147 80 2SHUDWLQJ LQVWUXFWLRQV 2SHUDWLRQDO DQQXQFLDWLRQV RI RYHUYROWDJH SURWHFWLRQ R  Y R I I 2YHUYROWDJH SURWHFWLRQ LV VZLWFKHG RII &* R  Y E O N 2YHUYROWDJH SURWHFWLRQ LV EORFNHG &* R  Y D F W L Y H 2YHUYROWDJH SURWHFWLRQ LV DFWLYH &* 2SHUDWLRQDO DQQXQFLDWLRQV RI VWDWRU HDUWK IDXOW  SURWHFWLRQ...
  • Page 148 80 2SHUDWLQJ LQVWUXFWLRQV 2SHUDWLRQDO DQQXQFLDWLRQV RI LQWHUWXUQ IDXOW SURWHFWLRQ ,  7 R I I ,QWHUWXUQ IDXOW SURWHFWLRQ LV VZLWFKHG RII &* ,  7 E O R F N H G ,QWHUWXUQ IDXOW SURWHFWLRQ LV EORFNHG &* ,  7 D F W L Y H ,QWHUWXUQ IDXOW SURWHFWLRQ LV DFWLYH &* 2SHUDWLRQDO DQQXQFLDWLRQV RI URWRU HDUWK IDXOW SURWHFWLRQ...
  • Page 149 80 2SHUDWLQJ LQVWUXFWLRQV ( [ W R I I ([WHUQDO WULS IXQFWLRQ  LV VZLWFKHG RII &* ( [ W E O R F N H G ([WHUQDO WULS IXQFWLRQ  LV EORFNHG &* ( [ W D F W L Y H ([WHUQDO WULS IXQFWLRQ  LV DFWLYH &* ( [ W R I I...
  • Page 150 80 2SHUDWLQJ LQVWUXFWLRQV  )DXOW DQQXQFLDWLRQV  DGGUHVV EORFNV  WR  7KH DQQXQFLDWLRQV ZKLFK RFFXUUHG GXULQJ WKH ODVW FDQ SDJH WKH LQGLYLGXDO DQQXQFLDWLRQV IRUZDUGV RU WKUHH IDXOWV FDQ EH UHDG RII RQ WKH IURQW SDQHO RU YLD EDFNZDUGV (DFK DQQXQFLDWLRQ LV DVVLJQHG ZLWK D WKH RSHUDWLQJ LQWHUIDFH 7KH LQGLFDWLRQV DUH UH VHTXHQFH LWHP QXPEHU FRUGHG LQ WKH VHTXHQFH IURP WKH \RXQJHVW WR WKH...
  • Page 151 80 2SHUDWLQJ LQVWUXFWLRQV *HQHUDO IDXOW DQQXQFLDWLRQV RI WKH GHYLFH ) O W  % X I I  2 Y H U )DXOW DQQXQFLDWLRQV ORVW EXIIHU RYHUIORZ 6 \ V W H P ) O W 6\VWHP IDXOW ZLWK FRQVHFXWLYH QXPEHU ) D X O W %HJLQQLQJ RI IDXOW ' H Y L F H...
  • Page 152 80 2SHUDWLQJ LQVWUXFWLRQV )DXOW DQQXQFLDWLRQV RI VWDWRU HDUWK IDXOW  SURWHFWLRQ )DXOW GHWHFWLRQ RI VWDWRU HDUWK IDXOW  SURWHFWLRQ 6  (  ) ) D X O W 6  (  ) 7 U L S 7ULS E\ VWDWRU HDUWK IDXOW  SURWHFWLRQ )DXOW DQQXQFLDWLRQV RI VWDWRU HDUWK IDXOW SURWHFWLRQ 8 8  !
  • Page 153 80 2SHUDWLQJ LQVWUXFWLRQV )DXOW DQQXQFLDWLRQV RI LQWHUWXUQ IDXOW SURWHFWLRQ ,  7 ) D X O W )DXOW GHWHFWLRQ RI LQWHUWXUQ IDXOW SURWHFWLRQ ,  7 7 U L S ,QWHUWXUQ IDXOW SURWHFWLRQ 7ULS )DXOW DQQXQFLDWLRQV RI URWRU HDUWK IDXOW SURWHFWLRQ 5  (  ) ) D X O W )DXOW GHWHFWLRQ RI WKH URWRU HDUWK IDXOW SURWHFWLRQ...
  • Page 154 80 2SHUDWLQJ LQVWUXFWLRQV 7KH GDWD RI WKH VHFRQG WR ODVW IDXOW FDQ EH IRXQG XQGHU DGGUHVV  7KH DYDLODEOH DQQXQFLDWLRQV DUH WKH VDPH DV IRU WKH ODVW IDXOW %HJLQQLQJ RI WKH EORFN k)DXOW DQQXQFLDWLRQV RI      Q G / $ 6 7 WKH VHFRQG WR ODVW IDXOWl ) $ 8 / 7...
  • Page 155 80 2SHUDWLQJ LQVWUXFWLRQV  5HDGRXW RI RSHUDWLRQDO PHDVXUHG YDOXHV  DGGUHVV EORFNV  WR  7KH VWHDG\ VWDWH UPV RSHUDWLQJ YDOXHV FDQ EH UHDG FRUUHFW SULPDU\ YDOXHV WKH UDWHG GDWD PXVW EH HQ RXW DW DQ\ WLPH XQGHU WKH DGGUHVV EORFNV  WR  WHUHG WR WKH GHYLFH XQGHU DGGUHVV EORFN  DV GH 7KH ILUVW DGGUHVV EORFN FDQ EH FDOOHG XS GLUHFWO\ XV VFULEHG LQ 6HFWLRQ ...
  • Page 156 80 2SHUDWLQJ LQVWUXFWLRQV     0 ( $ 6  9 $ / 8 ( 'LVSODFHPHQW YROWDJH IURP HDUWK IDXOW SURWHFWLRQ        0 ( $ 6  9 $ / 8 ( 7KH SHUFHQWDJH LV UHIHUUHG WR WKH SKDVHWRSKDVH YROW 8 S R V  V H T   ...
  • Page 157 80 2SHUDWLQJ LQVWUXFWLRQV 3HULRG RI WKH SXOVHG ELDV YROWDJH RI URWRU HDUWK IDXOW     0 ( $ 6  9 $ / 8 ( SURWHFWLRQ LQWHUQDO PHDVXUHPHQW  ZLWK H[WHUQDO PHDVXUHPHQW URWDWLQJ PHDVXUHG YDOXH WUDQVPLV    VLRQ  4444 DUH GLVSOD\HG $PSOLWXGH RI WKH SXOVHG ELDV YROWDJH RI URWRU HDUWK    ...
  • Page 158 80 2SHUDWLQJ LQVWUXFWLRQV 2SHUDWLRQDO FRQWURO IDFLOLWLHV 'XULQJ RSHUDWLRQ RI WKH SURWHFWLRQ UHOD\ LW PD\ EH GH VKDOOHG WR WKH FRUUHVSRQGLQJ VZLWFKLQJ IXQFWLRQV VLUHG WR LQWHUYHQH LQ IXQFWLRQV RU DQQXQFLDWLRQV PDQ GXULQJ LQVWDOODWLRQ RI WKH GHYLFH DQG WKDW WKH\ KDYH XDOO\ RU IURP V\VWHP FULWHULD 80 FRPSULVHV ID EHHQ FRQQHFWHG UHIHU 6HFWLRQ  0DUVKDOOLQJ RI FLOLWLHV HJ WR UHDGMXVW WKH UHDO WLPH FORFN WR HUDVH WKH ELQDU\ LQSXWV ...
  • Page 159 80 2SHUDWLQJ LQVWUXFWLRQV  (UDVLQJ VWRUHG DQQXQFLDWLRQV  DGGUHVV EORFN  7KH DQQXQFLDWLRQV DQG WKH VWDWXV RI WKH /(' PHPR HQWU\ LV QHFHVVDU\ FRGH OHYHO  WR HUDVH WKH VWRUHG ULHV DUH VWRUHG LQ 19 5$0V DQG WKXV VDYHG SUR LWHPV 5HVHW LV VHSDUDWH IRU WKH GLIIHUHQW JURXSV RI YLGHG WKH EDFNXS EDWWHU\ LV LQVWDOOHG 7KHVH VWRUHV PHPRULHV DQG DQQXQFLDWLRQV 2QH UHDFKHV WKH LQGL...
  • Page 160 80 2SHUDWLQJ LQVWUXFWLRQV  ,QIRUPDWLRQ WR /6$ GXULQJ WHVW RSHUDWLRQ  DGGUHVV EORFN  :KHQ WKH UHOD\ LV FRQQHFWHG WR D FHQWUDO VWRUDJH GH )1R  !6\V00EORFN IRU EORFNLQJ DOO PHV VDJHV DQG PHDVXUHG YDOXHV YLFH RU ORFDOL]HG VXEVWDWLRQ DXWRPDWLRQ V\VWHP DQG WKH SURWRFRO DFFRUGLQJ ,(&...
  • Page 161 80 2SHUDWLQJ LQVWUXFWLRQV  6HOHFWLRQ RI SDUDPHWHU VHWV  DGGUHVV EORFN  8S WR  GLIIHUHQW VHWV RI SDUDPHWHUV FDQ EH VHOHFWHG 7KH FRUUHVSRQGLQJ SURFHGXUH LV XVHG IRU WKH RWKHU IRU WKH IXQFWLRQDO SDUDPHWHUV LH WKH DGGUHVVHV SDUDPHWHU VHWV DERYH  DQG EHORZ  7KHVH SDUDPHWHU VHWV FDQ EH VZLWFKHG RYHU GXULQJ RSHUDWLRQ ORFDOO\ XVLQJ - .H\ FRPELQDWLRQ )  DFFHVV WR SDUDPHWHU VHW $...
  • Page 162 80 2SHUDWLQJ LQVWUXFWLRQV $GGUHVV  VKRZV WKH DFWXDOO\ DFWLYH SDUDPHWHU VHW     $ & 7 , 9 3 $ 5 $ 0 6 ( 7 8VH WKH k1RlNH\ 1 WR SDJH WKURXJK WKH DOWHUQDWLYH     $ &...
  • Page 163 80 2SHUDWLQJ LQVWUXFWLRQV 7HVWLQJ DQG FRPPLVVLRQLQJ  *HQHUDO 3UHUHTXLVLWH IRU FRPPLVVLRQLQJ LV WKH FRPSOHWLRQ RI '$1*(5 WKH SUHSDUDWLRQ SURFHGXUHV GHWDLOHG LQ &KDSWHU  6HFRQGDU\ FRQQHFWLRQV RI WKH FXUUHQW WUDQVIRUPHUV PXVW EH VKRUWFLUFXLWHG EHIRUH WKH FXUUHQW OHDGV WR WKH UHOD\ DUH LQWHUUXSWHG :DUQLQJ ,I D WHVW VZLWFK LV LQVWDOOHG ZKLFK DXWRPDWL...
  • Page 164 80 2SHUDWLQJ LQVWUXFWLRQV 'XULQJ DOO WKH WHVWV LW LV LPSRUWDQW WR HQVXUH WKDW WKH DFWXDO IUHTXHQF\ 7KLV H[SODLQV WKH ZLGH IUHTXHQF\ FRUUHFW FRPPDQG WULS FRQWDFWV FORVH WKDW WKH UDQJH DQG WKH VPDOO IUHTXHQF\ LQIOXHQFH +RZHYHU LW SURSHU LQGLFDWLRQV DSSHDU DW WKH /('V DQG WKH RXW UHTXLUHV WKDW PHDVXUHPHQW YDOXHV EH SUHVHQW EH IRUH D G\QDPLF WHVW FDQ WDNH SODFH VR WKDW WKH IUH SXW UHOD\V IRU UHPRWH VLJQDOOLQJ ,Q WKH WHVWLQJ KLQWV...
  • Page 165 80 2SHUDWLQJ LQVWUXFWLRQV 1RWH 'XULQJ YROWDJH WHVWLQJ D YROWDJH RI DW OHDVW  k 7KH RSHUDWLRQDO PHDVXUHG YDOXHV & XQGHU DGGUHVV VKRXOG EH DSSOLHG WR DQ\ GHVLUHG SKDVH UHIHU EORFN  VKRXOG VKRZ DOVR QRWH LQ 6HFWLRQ    WKH FDOFXODWHG RYHUIOX[ 8I ZKLFK VKRXOG DPRXQW &RQQHFW YROWDJH RI  [ SLFNXS YDOXH 8I! DG WR DSSUR[  LQ WKLV FDVH GUHVV  ...
  • Page 166 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH XQGHUYROWDJH SURWHFWLRQ 8 7KH IXQFWLRQ RI WKH XQGHUYROWDJH SURWHFWLRQ FDQ 7KH WLPH GHOD\ FDQ EH FKHFNHG DQG FRPSDUHG ZLWK WKH VHW YDOXHV DGGUHVVHV  WR   RQO\ EH WHVWHG LI WKLV IXQFWLRQ LV FRQILJXUHG DV (;,67 LQ DGGUHVV  DV GHOLYHUHG UHIHU WR 6HFWLRQ  ,W PXVW EH QRWHG WKDW WKH VHW WLPHV DUH SXUH GHOD\ DQG KDV EHHQ SDUDPHWHUL]HG DV RSHUDWLYH FRQWUDU\...
  • Page 167 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH RYHUYROWDJH SURWHFWLRQ 8! 8!! 7KH IXQFWLRQ RI WKH RYHUYROWDJH SURWHFWLRQ FDQ RQO\ &RQQHFW YROWDJH RI  [ SLFNXS YDOXH 8! DGGUHVV   EH WHVWHG LI WKLV IXQFWLRQ LV FRQILJXUHG DV (;,67 LQ : $QQXQFLDWLRQ k8! )DXOWl QRW PDUVKDOOHG ZKHQ DGGUHVV  DV GHOLYHUHG UHIHU WR 6HFWLRQ  GHOLYHUHG IURP IDFWRU\  DQG KDV EHHQ SDUDPHWHUL]HG DV RSHUDWLYH FRQWUDU\...
  • Page 168 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH VWDWRU HDUWK IDXOW  SURWHFWLRQ 7KH IXQFWLRQ RI WKH VWDWRU HDUWK IDXOW  SURWHF FXODWH WKH UHVLVWDQFH (TXDOO\ WKH UHVLVWDQFH FDQQRW WLRQ FDQ RQO\ EH WHVWHG LI WKLV IXQFWLRQ LV FRQILJXUHG EH GLVSOD\HG LQ WKH RSHUDWLRQDO PHDVXUHG YDOXHV % DV (;,67 LQ DGGUHVV  DV GHOLYHUHG UHIHU WR 6HF XQGHU DGGUHVV EORFN  WLRQ  DQG KDV EHHQ SDUDPHWHUL]HG DV RSHUDWLYH...
  • Page 169 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH HDUWK IDXOW SURWHFWLRQ 8 7KH IXQFWLRQV RI WKH HDUWK IDXOW SURWHFWLRQ FDQ RQO\ &RQQHFW YROWDJH RI  WLPHV VHWWLQJ YDOXH 8R! DG GUHVV  WR PHDVXUHPHQW LQSXW IRU WKH QHXWUDO EH WHVWHG LI WKLV SURWHFWLRQ LV FRQILJXUHG DV (;,67 LQ GLVSODFHPHQW YROWDJH  DGGUHVV  DV GHOLYHUHG UHIHU WR 6HFWLRQ  : $QQXQFLDWLRQ k8! )DXOWl QRW PDUVKDOOHG...
  • Page 170 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH IUHTXHQF\ SURWHFWLRQ IXQFWLRQV 7KH IXQFWLRQV RI WKH IUHTXHQF\ SURWHFWLRQ FDQ RQO\ : $QQXQFLDWLRQ kI )DXOWl QRW PDUVKDOOHG EH WHVWHG LI WKLV SURWHFWLRQ LV FRQILJXUHG DV (;,67 LQ ZKHQ GHOLYHUHG IURP IDFWRU\ DIWHU KDOI WKH WLPH IRU DGGUHVV  DV GHOLYHUHG UHIHU WR 6HFWLRQ  WKH VW PHDVXUHPHQW UHSHWLWLRQV DGGUHVV  DQG KDV EHHQ SDUDPHWHUL]HG DV RSHUDWLYH  FRQ...
  • Page 171 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH LQWHUWXUQ IDXOW SURWHFWLRQ 7KH IXQFWLRQ RI WKH LQWHUWXUQ IDXOW SURWHFWLRQ FDQ RQO\ DGGUHVV  WR PHDVXUHPHQW LQSXW IRU WKH LQWHU EH WHVWHG LI WKLV SURWHFWLRQ LV FRQILJXUHG DV (;,67 LQ WXUQ IDXOW GLVSODFHPHQW YROWDJH  : $QQXQFLDWLRQ k,7 )DXOWl QRW PDUVKDOOHG DGGUHVV  DV GHOLYHUHG UHIHU WR 6HFWLRQ  ZKHQ GHOLYHUHG IURP IDFWRU\ ...
  • Page 172 80 2SHUDWLQJ LQVWUXFWLRQV 7KH DPSOLWXGH RI WKH ELDV YROWDJH SURGXFHG E\ WKH RI WKH PHDVXUHPHQW IXQFWLRQ DUH QRW LQFOXGHG FRQWUROOHU XQLW ;7 LV  9 LW LV QRW PHDVXUHG DQG GLVSOD\HG E\ WKH UHOD\ :KHQ WKH FRQWUROOHU XQLW W\SH $FWLYDWH LQSXW k!5() EORFNl ,1387   ;7 LV XVHG WKH ELDV YROWDJH LV PHDVXUHG E\ WKH : $QQXQFLDWLRQ k5() EORFNHGl QRW DOORFDWHG SURWHFWLRQ DQG FDQ EH UHDG RXW LQ WKH RSHUDWLRQDO...
  • Page 173 80 2SHUDWLQJ LQVWUXFWLRQV &RQWUROOHU XQLW ;7  9 &  9 p‚‡…‚y & &RXSOLQJ XQLW ;5 80 & €rh† & ‰  9 ZLWK 5  5 )LJXUH  7HVWLQJ WKH URWRU HDUWK IDXOW SURWHFWLRQ ZLWK FRQWUROOHU XQLW ;7 ZLWKRXW JHQHUDWRU &RQWUROOHU XQLW ;7 80...
  • Page 174 80 2SHUDWLQJ LQVWUXFWLRQV  7HVWLQJ WKH FRXSOLQJ RI H[WHUQDO WULS IXQFWLRQV )RXU GHVLUHG VLJQDOV IURP H[WHUQDO SURWHFWLRQ RU VX $FWLYDWH ELQDU\ LQSXW RI WKH WHVWHG H[WHUQDO WULS IXQF SHUYLVRU\ XQLWV FDQ EH FRQQHFWHG LQWR WKH SURFHVV WLRQ LQJ RI WKH 80 YLD ELQDU\ LQSXWV /LNH WKH LQWHUQDO : $QQXQFLDWLRQ k!([W WULS l WKLV LV D VWUDLJKW DFNQRZOHGJHPHQW PHVVDJH E\ WKH ELQDU\ LQSXW VLJQDOV WKH\ FDQ EH DQQXQFLDWHG GHOD\HG DQG...
  • Page 175 80 2SHUDWLQJ LQVWUXFWLRQV &RPPLVVLRQLQJ XVLQJ SULPDU\ WHVWV  *HQHUDO DGYLFHV 3URSHU IXQFWLRQLQJ RI WKH WULS FLUFXLWV LQFOXGLQJ WKH FLUFXLWEUHDNHUV RU RWKHU FRQWURO GHYLFHV FRQQHFWHG WR WKH WULS UHOD\V VKRXOG EH FKHFNHG DW OHDVW RQFH IRU $OO VHFRQGDU\ WHVW HTXLSPHQW PXVW EH UHPRYHG HDFK SURWHFWLRQ IXQFWLRQ E\ D OLYH WULS )XUWKHUPRUH &RQQHFW PHDVXUHPHQW YDOXHV $OO LQVWDOODWLRQ SUHSD UDWLRQV DFFRUGLQJ WR 6HFWLRQ  PXVW KDYH EHHQ...
  • Page 176 80 2SHUDWLQJ LQVWUXFWLRQV ,I WKH HDUWK FDSDFLWDQFH RI WKH URWRUHDUWK FLUFXLW LV ([DPSOH WRR VPDOO LH LI WKH FKDUJH LV OHVV WKDQ  P$V VX RSHUDWLRQDO PHDVXUHG YDOXHV SHUYLVLRQ RI WKH PHDVXUHPHQW FLUFXLW LV QRW SRVVLEOH  9 VXSHUYLVLRQ LV PDGH LQHIIHFWLYH E\ VHWWLQJ 4F DG P$V GUHVV  WR  P$V 55()
  • Page 177 80 2SHUDWLQJ LQVWUXFWLRQV &ORVH PHDVXUHPHQW FLUFXLW  (DUWKLQJ EULGJH RU UHVLVWRU KDV EHHQ UHPRYHG  0HDVXUHPHQW FLUFXLW KDV EHHQ FORVHG ,I WKH DODUP k5() RSHQl LV DOVR SUHVHQW ZLWK WKH  &RQWUROOHU XQLW FRQQHFWHG WR LWV RSHUDWLRQDO VXS PHDVXUHPHQW FLUFXLW FORVHG WKHQ WKH URWRUHDUWKFD SO\ DF YROWDJH UHIHU DOVR FRQQHFWLRQ GLDJUDP LQ SDFLWDQFH LV OHVV WKDQ  N) ,Q WKLV FDVH D PHD )LJXUH  RU  LQ 6HFWLRQ  ...
  • Page 178 80 2SHUDWLQJ LQVWUXFWLRQV $Q HDUWK IDXOW LV LQVWDOOHG YLD D UHVLVWRU EHWZHHQ WKH DQ DQJOH HUURU EHWZHHQ WKH  +] PHDVXULQJ FXUUHQW PDFKLQH VWDU SRLQW DQG HDUWK ,6() DQG YROWDJH 86() PD\ EH WKH FDXVH &KHFN DQG DGMXVW WKH DQJOH HUURU FRUUHFWLRQ XQGHU DGGUHVV  &7 $1* :  7KLV DQJOH FDQ EH RSWL '$1*(5 PL]HG DQG WKHQ VHW WR LWV ILQDO YDOXH 7KLV FRUUHFWLRQ...
  • Page 179 80 2SHUDWLQJ LQVWUXFWLRQV  &KHFNLQJ WKH LQWHUWXUQ IDXOW SUR '$1*(5 WHFWLRQ  VKRUWFLUFXLW WHVWV 2SHUDWLRQV LQ SULPDU\ DUHD PXVW RQO\ EH SHUIRUPHG ZLWK WKH PDFKLQH DW VWDQG 6ZLWFK LQWHUWXUQ IDXOW SURWHFWLRQ DGGUHVV  WR VWLOO DQG ZLWK SODQW VHFWLRQV YROWDJHIUHH %/2&.
  • Page 180 80 2SHUDWLQJ LQVWUXFWLRQV 0HDVXUH WKH H[FLWDWLRQ FXUUHQW 5HDG RXW YROWDJHV LQ DOO WKUHH SKDVHV XQGHU DGGUHVV EORFN  7KH\ FDQ EH FRPSDUHG ZLWK WKH DFWXDO YROW 0HDVXUH WKH GLVSODFHPHQW YROWDJH DW WKH UHOD\ WHUPL DJHV $W UDWHG IUHTXHQF\ DQG UDWHG YROWDJH WKH YDO QDOV ,W FDQ EH UHDG RXW DV 8LW XQGHU DGGUHVV  XH 8I VKRXOG EH QHDU  DGGUHVV   7KH YROW DJH RI WKH SRVLWLYH VHTXHQFH V\VWHP DGGUHVV  ...
  • Page 181 80 2SHUDWLQJ LQVWUXFWLRQV WKH JHQHUDWRU :KHQ WKH JHQHUDWRU YROWDJH SRVLWLYH WHFWLRQ WR SLFNXS LQ FDVH RI D VROLG V\VWHP HDUWK VHTXHQFH V\VWHP GURSV EHORZ WKH YDOXH VHW IRU 8 IDXOW )LQDOO\ WKH HDUWK IDXOW FXUUHQW UHVXOWLQJ IURP WKH  DGGUHVV   SLFNXS DQQXQFLDWLRQ k8 ORDGLQJ UHVLVWRU LQ WKH HYHQW RI DQ HDUWK IDXOW DW WKH )DXOWl DSSHDUV QRW PDUVKDOOHG ZKHQ GHOLYHUHG PDFKLQH WHUPLQDOV VKRXOG QRW H[FHHG  $...
  • Page 182 80 2SHUDWLQJ LQVWUXFWLRQV & U… & & & S    G‚hqvt …r†v†‡‚…    Gvr   rh…‡u phƒhpv‡hpr    Irˆ‡…hy qv†ƒyhpr€r‡ ‰‚y‡htr h‡ ƒ…‚‡rp‡v‚ …ryh’    Xvqvt   rh…‡u phƒhpv‡hpr ‚s iy‚px ‡…h†s‚…€r…    Brr…h‡‚…   rh…‡u phƒhpv‡hpr    8‚ˆƒyvt phƒhpv‡hpr ‚s iy‚px ‡…h†s‚…€r…...
  • Page 183 80 2SHUDWLQJ LQVWUXFWLRQV 6LPLODU FDOFXODWLRQ LV YDOLG IRU WKH SURWHFWHG ]RQH RI '$1*(5 WKH FXUUHQW VWDJH RI WKH  VWDWRU HDUWK IDXOW SUR WHFWLRQ ,Q WKLV FDVH WKH FXUUHQW GHULYHG IURP WKH GLV 2SHUDWLRQV LQ SULPDU\ DUHD PXVW RQO\ EH SODFHPHQW YROWDJH LV PHDVXUHG E\ WKH SURWHFWLRQ SHUIRUPHG ZLWK WKH PDFKLQH DW VWDQG 1RWH WKDW WKH WUDQVIRUPDWLRQ UDWLR RI WKH YROWDJH GL...
  • Page 184 80 2SHUDWLQJ LQVWUXFWLRQV  &KHFNLQJ WKH URWRU HDUWK IDXOW  &KHFN XVLQJ QHWZRUN HDUWK IDXOW SURWHFWLRQ GXULQJ RSHUDWLRQ :LWK WKH SULPDU\ SODQW YROWDJHIUHH DQG HDUWKHG LQ VWDOO D VLQJOHSROH HDUWK IDXOW EULGJH RQ WKH KLJKYROW ,Q 6HFWLRQ  WKH URWRU HDUWK IDXOW SURWHFWLRQ ZDV DJH VLGH RI WKH EORFN WUDQVIRUPHU FKHFNHG ZLWK WKH PDFKLQH DW VWDQGVWLOO ,Q RUGHU WR H[FOXGH SRVVLEOH LQWHUIHUHQFH RQ WKH PHDVXUHPHQW...
  • Page 185 80 2SHUDWLQJ LQVWUXFWLRQV  7ULSSLQJ WHVW LQFOXGLQJ FLUFXLW EUHDNHU  DGGUHVV EORFN  0DFKLQH SURWHFWLRQ 80 DOORZV VLPSOH FKHFNLQJ :DUQLQJ RI WKH WULSSLQJ FLUFXLW DQG HDFK WULS UHOD\ $IWHU FRQILUPDWLRQ E\ WKH RSHUDWRU WKH VZLWFKLQJ GHYLFH ZLOO EH RSHUDWHG (QVXUH ,QLWLDWLRQ RI WKH WHVW FDQ EH JLYHQ IURP WKH RSHUDWRU EHIRUH HDFK WHVW WKDW VZLWFKLQJ LV SHUPLV NH\ERDUG RU IURP WKH IURQW RSHUDWRU LQWHUIDFH 7KH...
  • Page 186 80 2SHUDWLQJ LQVWUXFWLRQV  6WDUWLQJ D WHVW IDXOW UHFRUG  DGGUHVV EORFN  $ IDXOW UHFRUG VWRUDJH FDQ EH VWDUWHG DW DQ\ WLPH XV RSHUDWLQJ NH\ERDUG RU YLD WKH RSHUDWLQJ LQWHUIDFH LQJ WKH RSHUDWLQJ SDQHO RU YLD WKH RSHUDWLQJ LQWHU 7KH SUHWULJJHU WLPH ZDV VHW XQGHU DGGUHVV  IDFH 6WDUWLQJ D WHVW IDXOW UHFRUG LV DOVR SRVVLEOH YLD D ELQDU\ LQSXW SURYLGHG WKLV LV DFFRUGLQJO\ DOORFDWHG...
  • Page 187 80 2SHUDWLQJ LQVWUXFWLRQV 3XWWLQJ WKH UHOD\ LQWR RSHUDWLRQ $OO VHWWLQJ YDOXHV VKRXOG EH FKHFNHG DJDLQ LQ FDVH IURQW VR WKDW IURP WKHQ RQ RQO\ UHDO IDXOWV DUH LQGL WKH\ ZHUH DOWHUHG GXULQJ WKH WHVWV 3DUWLFXODUO\ FKHFN FDWHG )URP WKDW PRPHQW WKH PHDVXUHG YDOXHV RI WKDW DOO GHVLUHG SURWHFWLRQ IXQFWLRQV KDYH EHHQ SUR WKH TXLHVFHQW VWDWH DUH GLVSOD\HG 'XULQJ SXVKLQJ JUDPPHG LQ WKH FRQILJXUDWLRQ SDUDPHWHUV DGGUHVV...
  • Page 188 80 0DLQWHQDQFH DQG IDXOW WUDFLQJ 0DLQWHQDQFH DQG IDXOW WUDFLQJ 5RXWLQH FKHFNV 6LHPHQV GLJLWDO SURWHFWLRQ UHOD\V DUH GHVLJQHG WR UH TXLUH QR VSHFLDO PDLQWHQDQFH $OO PHDVXUHPHQW DQG VLJQDO SURFHVVLQJ FLUFXLWV DUH IXOO\ VROLG VWDWH DQG 5RXWLQH FKHFNV RI FKDUDFWHULVWLFV RU SLFNXS YDOXHV WKHUHIRUH FRPSOHWHO\ PDLQWHQDQFH IUHH ,QSXW PRG DUH QRW QHFHVVDU\ DV WKH\ IRUP SDUW RI WKH FRQWLQX XOHV DUH HYHQ VWDWLF UHOD\V DUH KHUPHWLFDOO\ VHDOHG RU...
  • Page 189 80 0DLQWHQDQFH DQG IDXOW WUDFLQJ 5HSODFLQJ WKH EDFNXS EDWWHU\ 7KH GHYLFH DQQXQFLDWLRQV DUH VWRUHG LQ 19 5$0V 6KRUWHQ WKH OHJV WR  PP  LQFK HDFK DQG $ EDFNXS EDWWHU\ LV LQVHUWHG VR WKDW WKH\ DUH UH EHQG RYHU DW D OHQJWK RI  PP  LQFK  WDLQHG HYHQ ZLWK D ORQJHU IDLOXUH RI WKH GF VXSSO\ YROWDJH 7KH EDFNXS EDWWHU\ LV DOVR UHTXLUHG IRU WKH LQWHUQDO V\VWHP FORFN ZLWK FDOHQGHU WR FRQWLQXH LQ...
  • Page 190 80 0DLQWHQDQFH DQG IDXOW WUDFLQJ 9LHZ XSRQ WKH SFE 5HDU YLHZ RQ WKH UHPRYHG EDVLF PRGXOH )LJXUH  ,QVWDOODWLRQ RI WKH EDFNXS EDWWHU\ IRU UHOD\V ZLWK VFUHZHG EDWWHU\ WHPLQDOV  ,QVHUW EDVLF PRGXOH LQWR WKH KRXVLQJ HQVXUH WKDW 'R QRW UHYHUVH SRODULWLHV 'R QRW UH FKDUJH 'R QRW WKURZ LQWR ILUH 'DQJHU WKH UHOHDVLQJ OHYHU LV SXVKHG IXOO\ WR WKH OHIW EHIRUH RI H[SORVLRQ...
  • Page 191 80 0DLQWHQDQFH DQG IDXOW WUDFLQJ )DXOW WUDFLQJ  5HSODFLQJ WKH PLQLIXVH ,I WKH SURWHFWLYH GHYLFH LQGLFDWHV D GHIHFW WKH IROORZ LQJ SURFHGXUH LV VXJJHVWHG  6HOHFW D UHSODFHPHQW IXVH  l  PP (QVXUH ,I QRQH RI WKH /('V RQ WKH IURQW SODWH RI WKH PRGXOH LV WKDW WKH UDWHG YDOXH WLPH ODJ PHGLXP VORZ DQG RQ WKHQ FKHFN FRGH OHWWHUV DUH FRUUHFW )LJXUH  ...
  • Page 192 80 0DLQWHQDQFH DQG IDXOW WUDFLQJ  3XOO RXW EDVLF PRGXOH DQG SODFH RQWR WKH FRQGXF  )LUPO\ SXVK LQ WKH PRGXOH XVLQJ WKH UHOHDVLQJ OH WLYH VXUIDFH YHU )LJXUH    5HPRYH EORZQ IXVH IURP WKH KROGHU )LJXUH    &ORVH KRXVLQJ FRYHU  )LW QHZ IXVH LQWR WKH KROGHU )LJXUH   6ZLWFK RQ WKH GHYLFH DJDLQ ,I D SRZHU VXSSO\ IDLOXUH LV VWLOO VLJQDOOHG D IDXOW RU VKRUWFLUFXLW LV SUHVHQW LQ...
  • Page 193 80 5HSDLUV 6WRUDJH 5HSDLUV 6WRUDJH 5HSDLU RI GHIHFWLYH PRGXOHV LV QRW UHFRPPHQGHG DW 6ROLG VWDWH SURWHFWLYH UHOD\V VKDOO EH VWRUHG LQ GU\ DOO EHFDXVH VSHFLDOO\ VHOHFWHG HOHFWURQLF FRPSR DQG FOHDQ URRPV 7KH OLPLW WHPSHUDWXUH UDQJH IRU QHQWV DUH XVHG ZKLFK PXVW EH KDQGOHG LQ DFFRU VWRUDJH RI WKH UHOD\V RU DVVRFLDWHG VSDUH SDUWV LV GDQFH ZLWK WKH SURFHGXUHV UHTXLUHG IRU (OHFWURVWDWL  E&...
  • Page 194 80 $SSHQGL[ $SSHQGL[ *HQHUDO GLDJUDPV &RQQHFWLRQ GLDJUDP & 7DEOHV &*&...
  • Page 195 80 $SSHQGL[ *HQHUDO GLDJUDPV & # & $ & ! & " ( & ( ' % " % # % % % & % ( &  ' # ' $ & ' & D W @ È ‚ 3 y ˆ...
  • Page 196 80 $SSHQGL[ !  ! ! " ' & ( " # " # & " D 6 U U D P   h … †  …  V …  V 6 ˆ "  ‡ r v ‡...
  • Page 197 80 $SSHQGL[ 9 (LQEDX XQG $XIEDXJHK XVH PLW 9 6FKQLWWVWHOOH )/86+ $1' 685)$&( 02817,1* &$6( :,7+ 9 '$7$ /,1. 80 %% %$  80 &% %$  80 (% %$  ) 60$ ) 60$ (LQEDX *HK XVH PLW /:/  0RGXO )/86+ 02817,1* &$6( :,7+ ),%(5 237,&...
  • Page 198 80 $SSHQGL[ &RQQHFWLRQ GLDJUDP … r s v i  v ‡ ‡ v p y ˆ ‚ ƒ ’ s y y ’ ‚ 3   … h " ‚ … È  h  ‡  p h …...
  • Page 199 80 $SSHQGL[ & 7DEOHV 7DEOH & $QQXQFLDWLRQV IRU /6$                                                            7DEOH & $QQXQFLDWLRQV IRU 3& /&GLVSOD\ DQG ELQDU\ LQSXWVRXWSXWV                        ...
  • Page 200 80 $SSHQGL[ &*&...
  • Page 201 80 $SSHQGL[ &*&...
  • Page 202 80 $SSHQGL[ &*&...
  • Page 203 80 $SSHQGL[ &*&...
  • Page 204 80 $SSHQGL[ &*&...
  • Page 205 80 $SSHQGL[ &*&...
  • Page 206 80 $SSHQGL[ &*&...
  • Page 207 80 $SSHQGL[ &*&...
  • Page 208 80 $SSHQGL[ &*&...
  • Page 209 80 $SSHQGL[ &*&...
  • Page 210 80 $SSHQGL[ &*&...
  • Page 211 80 $SSHQGL[ &*&...
  • Page 212 80 $SSHQGL[ &*&...
  • Page 213 80 $SSHQGL[ &*&...
  • Page 214 80 $SSHQGL[ &*&...
  • Page 215 80 $SSHQGL[ &*&...
  • Page 216 80 $SSHQGL[ &*&...
  • Page 217 80 $SSHQGL[ &*&...
  • Page 218 80 $SSHQGL[ &*&...
  • Page 219 80 $SSHQGL[ &*&...
  • Page 220 80 $SSHQGL[ &*&...
  • Page 221 80 $SSHQGL[ &*&...
  • Page 222 80 $SSHQGL[ &*&...
  • Page 223 80 $SSHQGL[ &*&...
  • Page 224 80 $SSHQGL[ &*&...
  • Page 225 80 $SSHQGL[ &*&...
  • Page 226 80 $SSHQGL[ &*&...
  • Page 227 80 $SSHQGL[ &*&...
  • Page 228 80 $SSHQGL[ &*&...
  • Page 229 80 $SSHQGL[ &*&...
  • Page 230 80 $SSHQGL[ &*&...
  • Page 231 80 &RUUHFWLRQV6XJJHVWLRQV 9 )URP BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6,(0(16 $.7,(1*(6(//6&+$)7 1DPH 'HSW (9 6 ' 361 BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB '  %(5/,1 &RPSDQ\'HSW *HUPDQ\ BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB $GGUHVV 'HDU UHDGHU BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB SULQWLQJ HUURUV FDQ QHYHU EH HQWLUHO\ HOLPLQDWHG 7HOHSKRQH QR WKHUHIRUH VKRXOG \RX FRPH DFURVV DQ\ ZKHQ UHDGLQJ WKLV PDQXDO NLQGO\ HQWHU WKHP LQ WKLV IRUP WRJHWKHU ZLWK DQ\ FRPPHQWV RU VXJ BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB...
  • Page 232 Tˆi†‡h‡vhy hy‡r…h‡v‚† hthv†‡ ƒ…r‰v‚ˆ† v††ˆr) 6ppr††‚…’ qr‰vpr† &YU"" hq &YU"# s‚… †‡h‡‚… rh…‡u shˆy‡  È ƒ…‚‡rp‡v‚ 8‚ƒ’vt ‚s ‡uv† q‚pˆ€r‡ hq tv‰vt v‡ ‡‚ ‚‡ur…†hq ‡ur ˆ†r ‚…p‚€€ˆvph‡v‚‚s‡urp‚‡r‡†‡ur…r‚sh…r s‚…ivqqrv‡u ‚ˆ‡ r‘ƒ…r†† hˆ‡u‚…v‡’ Pssrqr…† h…r yvhiyr ‡‚ ‡ur ƒh’€r‡ ‚s qh€htr† 6yy …vtu‡†...