PROCESS CONTROL - EXAMPLE 6.1 : In a Laplace Transform Table, the Laplace transfer function of f(t) is F(s). When d(t) = f(t) then 1 = F(s). When x(t) = f(t) then X(s) = F(s). If d(t) is the impulse of a spring when d(t) = kx(t), then derive the equation for the impulse of a spring as X(s) in term of k. Next question : A controller has a transfer function a and the other controller has a transfer function b. The overall transfer function of both controllers is ab. What is the transfer function overall when both controllers have similar transfer function 1 / (Cs + k)?
PROCESS CONTROL - ANSWER 6.1 : For f(t), d(t) = kx(t). Transform such equation to F(t) gives 1 = kX(s) then X(s) = 1 / k. Next answer : Overall transfer function for 2 controllers in combination is 1 / (Cs + k) x 1 / (Cs + k) = 1 / [ (Cs + k) (Cs + k) ]. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.19 : In the purchase of a unit of engineering office, a loan has been made to a bank with the following details : Term N = 30 years; interest rate R = 8.07 % / year; security : primary residence; present value pv = $450000; salary = $75000 / year or $56000 / year after tax. (a) Let the discounted present value PV = [ 1 - 1 / (1 + r) ^ n ] / r for arrears, where r = interest rate of discount, n = number of payment, ^ = symbol for power. If the loan repayment was made monthly : (i) calculate the value of r where r = R / k and R is in decimal value; (ii) find the value of n where n = kN; (iii) estimate the value of k where k = number of repayment per year; (iv) calculate the value of PV based on the formula of discounted present value. (b) Calculate the monthly repayment of the loan, MR based on the following formula : pv = PV x MR. (c) Find the percentage of salary remains after paying the loan every month.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.18 : An investor is planning to purchase a small office for biochemical engineering consultancy on loan. In the calculation of the discount of payment in arrears, the following formula is used : y = 1 / (1 + r) ^ 1 + 1 / (1 + r) ^ 2 + 1 / (1 + r) ^ 3 + ... + 1 / (1 + r) ^ n where y = present value, r = interest rate of discount, n = number of payment, ^ = power used in certain computer languages for mathematics. (a) What is the meaning of : arrears? (b) Find a mathematical equation of y (1 + r). (c) Calculate, in less than 3 terms, y as a function of r and n.
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