,&/ 6HULHV
0DQXDO ,&/ 6HULHV
3DJH GL
+
27
6
7$57
)
81&7,21
$YDLODEOH RQO\ LI WKH SDUDPHWHU &) DLUDLU XQLW
FRQILJXUHG DV KHDW SXPS LW DOORZV WR VWDUW WKH VXSSO\ DLU IDQ
RQO\ LI WKH WHPSHUDWXUH RI WKH FRQGHQVHU VLGH LV HQRXJK KRW
7KLV DYRLG WR SXVK FROG DLU IORZ LQWR WKH DPELHQW
+RW 6WDUW )DQ *UDSKLF )XQFWLRQ
)$ 6HW SRLQW RI WKH +RW 6WDUW
6HW WKH WHPSHUDWXUH YDOXH GHWHFWHG E\ WKH 3E SUREH
XQGHU ZKLFK WKH IDQ LV NHHS ORFNHG
)$ 'LIIHUHQWLDO RI WKH +RW 6WDUW
6HW WKH GLIIHUHQWLDO WR UHJXODWH WKH IDQ 212))
$
8720$7,&
&
+$1*(
2
9(5
,W DXWRPDWLF FKDQJHV WKH FKLOOHU ! KHDW SXPS IXQFWLRQLQJ
RI WKH XQLW LQ FRUUHODWLRQ ZLWK WKH H[WHUQDO WHPSHUDWXUH
FRQGLWLRQ
7KH FKDQJLQJ RFFXUV RQO\ ZKHQ WKH IROORZLQJ FRQGLWLRQ DUH
VDWLVILHG RWKHUZLVH WKH XQLW WXUQV WR VWDQGE\
&) +HDW 3XPS VHOHFWHG
&) DQG &) 3E H[WHUQDO DLU WHPSHUDWXUH
3E SUREH LV QRW IDXOW\
7KH &KDQJH 2YHU IXQFWLRQ LV UHJXODWHG E\ SDUDPHWHUV
&) LV WKH VHW SRLQW DQG LW UHSUHVHQWV WKH 3E YDOXH XQGHU
ZKLFK WKH FRQWUROOHU WXUQV WR +HDW 3XPS PRGH
&) UHSUHVHQWV WKH WHPSHUDWXUH GLIIHUHQWLDO WR WXUQV WR
&KLOOHU PRGH
7KH XVHU FDQ ILQG KHOSIXO LQIRUPDWLRQ E\ SXVKLQJ DQG
UHOHDVLQJ
8
NH\ VR DV WKH XSSHU GLVSOD\ VKRZV WKH 3E
YDOXH ZKLOH WKH ORZHU GLVSOD\ VKRZV (W ODEHO
*UDSK 5HJXODWLRQ RI WKH &KDQJH2YHU
:KHQ WKH WHPSHUDWXUH YDOXH LV ZLWKLQ WKH &) UDQJH WKH
FKDQJHRYHU LV DOORZHG RQO\ WKRXJK NH\ERDUG
'
()5267
)
81&7,21
7KH GHIURVW F\FOH LV HQDEOHG RQO\ LI WKH IROORZLQJ FRQGLWLRQ
DUH VDWLVILHG
&) FRQILJXUDWLRQ FKLOOHU XQLW ZLWK KHDW SXPS
G) GHIURVW F\FOH HQDEOHG
&) UHOD\ Q FRQILJXUHG DV UHYHUVLQJ YDOYH
7KH XQLW LV ZRUNLQJ LQ KHDW SXPS PRGH
3E RU 3E PXVW EH FRQILJXUHG DV FRQWURO
FRQGHQVLQJ SUREH ZLWKRXW DFWLYH IDXOW\ SUREH DODUPV
,I RQO\ RQH RI WKHVH FRQGLWLRQV LV QRW VDWLVILHG WKH GHIURVW
GRHV QRW RSHUDWH
)RUFHG 'HIURVW
7KLV IXQFWLRQ LV HQDEOHG RQO\ LI G) ! DQG DOORZV WR
RSHUDWH D GHIURVW HYHQ GXULQJ WKH FRXQWLQJ RI WKH WLPH GHOD\
G) DQG LI WKH WHPSHUDWXUHSUHVVXUH YDOXH ORZHU WKDQ WKH
SDUDPHWHU G) YDOXH IRU WKH G) WLPH YDOXH
,I GXULQJ WKH WLPH GHOD\ G) WKH WHPSHUDWXUHSUHVVXUH
EHFRPHV KLJKHU WKDQ WKH SDUDPHWHUV G)G)
GLIIHUHQWLDO YDOXH WKHQ WKH ZKROH SURFHGXUH LV VWRSSHG DQG
WKH WLPH GHOD\ G) ZLOO EH UHORDGHG
&RPELQHG 'HIURVW
7KLV IXQFWLRQ LV HQDEOHG RQO\ LI &) DQG ZLWK 3E
FRQILJXUHG DV 17& SUREH WKHUHIRUH LW LV XVHG IRU H[WHUQDO
WHPSHUDWXUH RQ WKH HYDSRUDWRU FRLO GXULQJ WKH KHDW SXPS
PRGH 7KH GHWHFWHG WHPSHUDWXUH DOORZV WR FDOFXODWH D
EHWWHU GHIURVW F\FOH JLYLQJ WKH VWDUW DQG WKH HQG FRPPDQGV
IRU WKH F\FOH LWVHOI )XQFWLRQLQJ
7KH 3E SUREH JLYHV WKH LQSXW VLJQDO WR VWDUW WKH WLPH GHOD\
FRXQWLQJ ZKHQ LWV YDOXH LV ORZHU WKDQ G) SDUDPHWHU
$IWHU WKH GHOD\ G) WKH FRQWUROOHU FKHFN 3E YDOXH LI ORZHU
WKDQ G) WKH GHIURVW SURFHGXUH VWDUWV RWKHUZLVH WKH XQLW
VWLOO ZRUNV LQ +HDW 3XPS -XVW DIWHU WKH WHPSHUDWXUH
GHFUHDVHV XQGHU G) WKH GHIURVW LV HQDEOHG 7KH
FRPELQHG GHIURVW VWRSV MXVW ZKHQ 3E SUREH YDOXH UHDFKHV
WKH HQG GHIURVW WHPSHUDWXUH LQ G) ,I WKH FRPELQHG
GHIURVW LV HQDEOHG LV SRVVLEOH WKURXJK NH\ WR VHH WKH
H[WHUQDO WHPSHUDWXUH VKRZHG RQ WKH XSSHU GLVSOD\ IRU
VHFRQGV ZKLOH WKH ORZHU GLVSOD\ VKRZV G() ODEHO
0DQXDO 'HIURVW
7KH XQLW LV ZRUNLQJ ZLWK RU FRPSUHVVRU UXQQLQJ
7KH VWDUW GHIURVW WHPSHUDWXUHSUHVVXUH YDOXH PXVW EH ORZHU
WKDQ G)
,I WKH ³FRPELQHG GHIURVW´ LV HQDEOHG 3E YDOXH PXVW EH
ORZHU WKDQ G)
,I WKH DERYH FRQGLWLRQV DUH VDWLVILHG E\ SXVKLQJ 6(7 9
IRU PRUH WKDQ V WKH GHIURVW F\FOH LPPHGLDWHO\ VWDUWV
