In this study, we propose a risk analysis simulation model for economic evaluation of hydroelectric engineering project. This model takes annual energy outputs as risk elements. It submits to Pearson-III distribution similar with the annual runoff. Take data from three typical years to estimate the distribution parameters and then yearly benefits can be simulated in given period. By discounting...

Production planning of an open-pit mine is a procedure during which the rock blocks are assigned to different production periods in a way that leads to the highest net present value (NPV) subject to some operational and technical constraints. This process becomes much more complicated by incorporation of the uncertainty existing in the input parameters. The commodity price uncertainty is among ...

This paper examines the various committed new technology and improve logging activities ascribed in the ‘Logfisher’ Practice (LP) rather than Conventional Practice (CP). The result of cost analysis shows that the cost constitutes under LP is higher than under CP. Incremental average per ha total cost rose by 46.86% to RM13,576/ha. While the incremental average per m total cost increased by 57.4...

introduction agricultural research is important and one of the determinant factors of development of technologies in agricultural sector. among agricultural research disciplines, breeding programs, especially, wheat breeding programs are one of the applied approaches in improving of production and food security. based on a study by byerlee & traxler (1995), economic benefits and internal rate o...

There are some large scale orebodies that extend from surface to the extreme depths of the ground. Such orebodies should be extracted by a combination of surface and underground mining methods. Economically, it is highly important to know the limit of upper and lower mining activities. This concern leads the mine designers to the transition problem, which is one of the most complicated problems...

Public transfer programs in industrial nations are thought to benefit the elderly through pension and health care programs at the expense of the young and future generations. However, this intergenerational picture changes if public education is also considered as a transfer program. We calculate the net present value (NPV) of benefits received minus taxes paid for US generations born 1850 to 2...

This paper deals with the CAPM-derived capital budgeting criterion, and in particular with Rubinstein’s (1973) criterion, according to which a project is profitable if the project rate of return is greater than the risk-adjusted cost of capital, where the latter depends on the project’s disequilibrium systematic risk. It is shown that the disequilibrium net present value implied by this criteri...

A model was developed for the economic evaluation of embryos for producing bull lines for use in commercial beef production. The fundamental concept underlying the model is that a cloned and sexed embryo of known genetic characteristics for beef traits is used to produce a bull. After reaching physiological maturity, the bull is used in natural matings. Equations relating feed energy requiremen...