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3X0-201 exam Dumps Source : Core Concepts and Practices (Level 2)

Test Code : 3X0-201
Test denomination : Core Concepts and Practices (Level 2)
Vendor denomination : Sair
: 91 existent Questions

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Sair Sair Core Concepts and

Corrie luminary says ‘I’m no longer a bitch relish Alya!’ as she displays she avoids social media criticism | killexams.com existent Questions and Pass4sure dumps

(photograph: ITV)

Coronation highway actress Sair Khan has admitted that she avoids analyzing up social media commentary on her personality Alya Nazir, who is currently in the hub of a divisive storyline this is seeing her fight Carla Connor for possession of Underworld.

lately, fanatics had been left greatly surprised when Alya went so far as altering the locks of the manufacturing facility on the day of Aidan’s funeral earlier than turning on Jenny, Kate and Carla – accusing every bit of of them about now not caring about Aidan while he turned into alive.

conscious that the storyline may stir up madden ireful mad amongst fanatics who're firmly crew Carla, Sair shared that she not pays attention to social media. She explained to Metro.co.uk: ‘each person has been really stunning – to my face! I are vigilant of it’s reasonably a controversial storyline and Alya isn’t the simplest character to come by along with lots of the time. but everybody has been really first-class. I don’t check social media so tons – I used to.

‘It’s now not at every bit of times very excellent – what’s censorious to me is how I account concerning the work I’ve performed and what everyone here thinks. I come by concerned occasionally that people discombobulate the how with actual life – I’m so a lot happier and nicer in precise lifestyles – I’m only half as plenty a bitch in existent actuality as Alya!’

more: Coronation street spoilers: Has Eileen Grimshaw left for respectable as a triple exit airs?

however while Sair is terribly tons mindful that there are questionable facets to Alya’s actions, she continues to breathe defensive of her alter ego typical.

She reasoned: ‘As an actor, you necessity to redeem yourselves in their footwear and justify actions which could sometimes breathe questionable. You basically should account lower back throughout the personality’s journey to motif out how they possess got got here. I don’t feel anybody really wakes up within the morning and thinks “I’m just going to breathe a bitch.” i'm shielding over it as she truly hasn’t had it convenient.’

That’s now not to pretense that she thinks Alya is best – and she or he changed into cautious of putting her character ahead as a job model for younger viewers as she defined that Alya is extra layered than being out and out respectable or unhealthy.

(photo: ITV)

She mused: ‘She is essentially improper. it might breathe handrum to play up to the stereotype of being actually decent or definitely dangerous. here's no longer the event i assumed Alya would possess taken – that’s every bit of based on the storylines i am given so i am nevertheless figuring this persona out as i proceed and simply adding to her experiences. I didn’t understand she would possess so tons loss and darkness. reasonably soon after she misplaced her mum, her dad died and she or he grew to breathe an orphan at a young age and that had a major possess an result on.

‘Then when her granddad cheated, every bit of her core beliefs were rocked and that hardened her as she had done everything by means of the ebook except that factor – she became a fine lady, she went to college, she did everything her grandparents had talked about however whereas doing everything correct, unhealthy issues possess been nonetheless occurring to her. It’s created just a microscopic of an facet to her – she wonders why she may still accomplish the appropriate thing as it doesn’t proceed neatly for her.’

more: Coronation road spoilers: Sair Khan exhibits Alya Nazir’s shock at Carla Connor’s subsequent stream

greater: Coronation street spoilers: Has Eileen Grimshaw left for respectable as a triple exit airs?


Swissair swallows Dobbs | killexams.com existent Questions and Pass4sure dumps

Swissair swallows Dobbs may additionally 19, 1999: three:23 a.m. ET Swiss neighborhood buys U.S. airline caterer for $780M; looks to non-core disposals LONDON (CNNfn) - Switzerland's SAirGroup boosted its non-flying company Wednesday with the $780 million cash purchase of Dobbs international functions, the largest airline catering company within the united states.      Memphis-primarily based Dobbs is being obtained from the fiscal group VIAD Corp. (VVI). SAir's biggest-ever acquisition should breathe integrated into its Gate gourmand catering unit which furthermore offers functions for educate operators.      The deal makes SAirGroup, which owns Swiss flag service Swissair, the biggest airline catering traffic on the earth and continues its diversification faraway from carrying passengers and cargo.     Zurich-primarily based SAir has made a collection of acquisitions in airline-connected capabilities to chop back its reliance on the incredibly-cyclical passenger company, observed analysts. support capabilities generated 48 p.c of its eleven.3 billion Swiss francs ($7.fifty four billion) earnings in 1998 and just below half its 700 million francs in pretax income.     The enlarged Gate gourmand operation will possess a turnover of more than $2 billion in 1998, spoke of SAirGroup. The deal might breathe refinanced with a bond rigor and dilute income-per-share through three to four % in the first 18 months, although the enterprise pointed out it is going to additionally generate big freight ticket downs.     The deal is expected to near within the third quarter of the 12 months but is zone to regulatory approval.     SAir referred to it would additionally issue to sell non-core property and analysts believed it could are seeking for to subsequently waft its Swissair airline unit as a standalone subsidiary.     VIAD, which has property of $2.5 billion, has steadily offered off its portfolio of proceed back and forth traffic assets during the terminal two years and plans to focal point on better-growth sectors.     SAirGroup shares rose 7.50 francs to 348.50 francs in early Zurich change Wednesday. VIAD closed down 5/16 Tuesday at 28-11/16. Swissair

VIAD Corp.

observe: Pages will open in a original browser windowExternal sites aren't endorsed by CNNmoney graphic

Coronation road | killexams.com existent Questions and Pass4sure dumps

Is Alya doing this only for her own profit?

"I accomplish not account taking on the factory is for her own profit. in case you issue back to when the manufacturing unit become ransacked, Aidan become at a very low ebb and became ingesting and lying on her couch. on the time, it began off as egocentric causes as she is bold and desires to pay the expenses, but she helped him and that they acquired that factory every bit of started once more. She had in reality respectable intentions.

"When Alya then noticed that Aidan had left her the manufacturing unit, she feels that is proof that he definitely relied on in her and believed in the entire work that they had been doing over the terminal few months. they had a shared ardor and realizing for what the manufacturing unit had become, so she is vigilant of she has to proceed that work.

"so far as Alya is concerned, she would not recognize that Aidan failed to intend her to possess the complete manufacturing unit. In black and white, he gave her the manufacturing unit and could had been utterly vigilant of what he changed into doing. After Carla skillful him the complete manufacturing facility, he can furthermore possess just not changed his intellect and nevertheless desired Alya to possess it."

Alya Nazir stands her ground with Carla Connor in Coronation Street

©  ITV

We know that Carla begins the usage of sly tactics with the aid of attempting to sabotage Underworld in upcoming episodes. Is Alya a suit for her?

"Alya thought that Carla has a microscopic bit more type than it seems she does. some of the strategies are in fact underhand and she or he is only reasonably stunned that Aidan's desires are being so disrespected. And because it puts each person else's jobs in danger, Alya is rather stunned by it all."

Does Alya possess any guide?

"Imran and Yasmeen are driving forces for her to occupy manage and battle for the manufacturing facility. The corpse of workers of the factory are slightly more difficult to come by on board. She looks relish she can accomplish it, however she simply wants their help. She feels they easily overlook that if it wasn't for her, they may now not possess had these jobs within the first place. So when they're taking the mick and coming in late, she finds it just a microscopic disgusting – so of direction, she cracks the whip."

Who may breathe her allies?

"She does possess an surprising ally in Sarah, which is unlikely because of the heritage with Gary. Sarah is hired as Alya's PA and the manufacturing facility laborers exact yourself why they couldn't possess utilized for the job, so Alya begins to deal with Sarah relish a slave as she has slightly of a scheme to redeem the others off.

"i relish working with Tina O'Brien – she's the most effective. or not it's every bit of the time trait to work with distinctive individuals in the street – on occasion you don't descry some americans for months and don't ascertain what they possess been up to until you descry it on screen."

Embargo 7am Tuesday June 5 Alya Nazir and Imran Habeeb confront the Connors in Coronation Street

©  ITV

As Sair, how did you feel if you erudite Alya would come by the manufacturing facility?

"I couldn't agree with it – i was telling everybody! it's so enjoyable. i will certainly not stop being excited about being in Coronation highway and having storylines relish this, it on no account receives historical. it's astounding."

advertisement - proceed studying beneath

What accomplish you earn of the synchronous darkish storylines in Corrie?

"I basically possess loved the shaded storylines. i know people possess diverse opinions on it. or not it's essential to bethink that each producer has a discrete fashion, so things are going to change once more and viewers tastes trade over time – they possess lots of younger viewers now.

"It became so unhappy to protest goodbye to Shayne Ward (Aidan) as he is such a Popular member of the forged. he's such an exquisite man, so it's a kindly of things. it's the equal as when Dean Fagan (Luke) and Qasim Akhtar (Zeedan) left too – every bit of of those americans possess been so near to myself and my personality in the show. they've every bit of had a massive influence on Alya's future – so it breathe sorrowful to search for them proceed however agreeable for me because it offers me extra to do!"

connected Article

Coronation highway reveals plans for three summer proposals

What type of fan reaction accomplish you get?

"everybody has been really stunning – to my face! I are vigilant of it's degree a controversial storyline and Alya is never the least difficult personality to come by together with lots of the time. however every bit of and sundry has been in fact first-class."

Do you assess Twitter?

"I accomplish not investigate social media so plenty, however I used to. it breathe not at every bit of times very best. What's primary to me is how I account in regards to the work I've carried out and what each person prerogative here at Corrie thinks. I come by involved once in a while that americans discombobulate the exhibit with precise existence. i'm so much happier and nicer in true lifestyles."

Embargo 7am Tuesday June 5 Alya Nazir and Imran Habeeb confront the Connors in Coronation Street

©  ITV

Do you suppose Alya is a pretty agreeable role model?

"I suppose it breathe tough to pretense that as she is fundamentally incorrect. it could breathe handrum to play up to the stereotype of being truly agreeable or in reality bad. here is no longer the adventure i believed Alya would possess taken – it's every bit of stylish on the storylines i am given, so i am nonetheless figuring this persona out as i am going and just including to her experiences.

"I did not realize Alya would possess so an Awful lot loss and darkness. quite quickly after she misplaced her mum, her dad died and she grew to breathe an orphan at a young age and that had a major possess an impact on. Then when her granddad cheated, every bit of her core beliefs possess been rocked and that hardened her, as she had performed every thing by way of the publication until that aspect.

"Alya turned into a much lady, she went to tuition, she did every thing her grandparents had pointed out, however whereas doing every microscopic thing appropriate, atrocious issues had been nonetheless happening to her. it's created degree of an Part to her. She wonders why she should accomplish the prerogative factor because it does not proceed smartly for her."

Who accomplish you account should still breathe Alya's next worship activity?

"i was having this dialog in the canteen recently. I accomplish relish romance and that i accomplish necessity a positive outlook in her lifestyles and a much romance record is at every bit of times fun."

Nick is coming returned, so maybe him?

"i am desirous about not going pairings! It is true that they are both bold - and Alya is always satisfied to piss Carla off!"

Coronation road continues with an hour-long episode on Friday (June 15) at 8pm on ITV.

study greater information, spoilers and blab on their Coronation road homepage

need up-to-the-minute soaps information, spoilers and blab for your social feeds? simply hit 'Like' on their Digital spy Soaps facebook web page and 'observe' on their @soapscoop Twitter account.

Digital SpySoap Scoop video – hit play under for the entire latest Coronation street spoilers, as Eva faces a custody combat for Susie, and scheming Kayla receives nearer to Craig and Bethany.


3X0-201 Core Concepts and Practices (Level 2)

Study guide Prepared by Killexams.com Sair Dumps Experts


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3X0-201 exam Dumps Source : Core Concepts and Practices (Level 2)

Test Code : 3X0-201
Test denomination : Core Concepts and Practices (Level 2)
Vendor denomination : Sair
: 91 existent Questions

Here is agreeable source of Latest dumps, accurate answers.
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Two positives and two negatives from Warriors' 2-3 preseason | killexams.com existent questions and Pass4sure dumps

Each member of the core six rested for at least one game and Draymond Green was advised to sit out three. The Warriors played the preseason as it was meant to be.

Create. Refresh. Experiment. Condition. Synchronize. ascertain what’s agreeable and eliminate what’s bad.

So don’t worry about that 2-3 record. Now that the final score is relevant, the Warriors are not going to play sub-.500 basketball.

Here are two positives and two negatives culled from the preseason that concluded Friday night:

POSITIVES

The stars are aligned

Not that they were worried, but the Warriors possess to breathe pleased with what they saw from All-Stars Stephen Curry, Kevin Durant and Klay Thompson. They are no less content with the work of crucial veterans Andre Iguodala and Shaun Livingston.

Curry shot 56.5 percent from the field, including 51.9 percent from deep, and was 17-of-17 from the line. That 17-11 assists-turnover stat is frightening but much of the risky stuff will breathe gone. He’s ready.

Durant shot 55.8 percent from the field, including 50 percent beyond the arc. He led the team in assists, with 18, and was second in rebounds with 27, one behind Jordan Bell. Durant rested in the preseason finale. agreeable move. He’s ready.

No one appears more ready than Thompson, who shot 51.6 percent from the province and an astonishing 56.7 percent (17 of 30) from deep. Grabbing 15 rebounds in 88 minutes indicates an uptick.

Iguodala showed plenty of bounce and energy, while Livingston was steady for a guy whose hip has been a bit achy.

Aside from Green, who looked agreeable in the preseason finale, this bunch is on target.

JaVale 2.0

In deciding to chop ties with JaVale McGee, coach Steve Kerr made it pellucid that he hoped Damian Jones could provide the kindly of “vertical spacing” that made McGee such a valuable force the terminal two seasons.

Jones appears to breathe up to the task.

But he shows potential of going beyond being a lob threat and swatting shots into the third row. Jones showcased passing competence not many outside the team had seen and, moreover, flashed a respectable midrange jumper. Seven years younger than McGee, Jones has the goods to breathe an improvement.

There will breathe times when he doesn’t look in tune or blows a defensive switch, things McGee routinely did. But the Warriors possess every reason to believe Jones, who will start opening night, can contribute on a regular basis.

NEGATIVES

About that bench . . .

The Warriors know they possess a problem. It hasn’t stopped them from winning games at a historical rate, or collecting championships. Still, they’d relish a solution.

They can’t look to come by dependable scoring from the bench. Specifically, their reserves possess consistently been at or near the bottom of the NBA in 3-point makes.

They possess at least two guys with a history of making triples. Quinn Cook, who earned a roster spot with his play terminal season, is one. Jonas Jerebko, signed as a free agent in July, is the other.

They combined to earn six 3-pointers in five games. That’s 1.2 per game, if you’re tabulating. Cook was 3-of-18, Jerebko 3-of-10. They’ll come by better, but 6-of-28 is not going to chop it.

“It’s only been a few games and practices,” Jerebko said. “We’ll come by it. I ain’t worried. It’s preseason. We’ve got two more days of practice, and it’s the existent season. I’ve been waiting for it.”

Bell’s unsafe habit

Generally speaking, the team leader in turnovers is going to breathe a focal point of the offense. It’s a point guard or a star or at least a starter.

Jordan Bell, a reserve center/forward, led the team with 13 giveaways.

Though this is the time to occupy risks and he often was on the court with teammates he met only weeks ago and sometimes makes something agreeable out of a mess, no one in Bell’s position should lead the team in turnovers.

The second-year man from Oregon has a tendency -- and it was visible at times terminal season -- to try to squeeze passes through openings too small for the ball. The result is interceptions and deflections that often trigger the opponent’s transition game.

This, too, will come by better. He’ll spend more court time with the regulars and shouldn’t feel the urge to create something spectacular. He’s a showman, but he’s furthermore vigilant that’s not what will keep him in the league.


Best Interest and Best Practices #4 | killexams.com existent questions and Pass4sure dumps

Thursday, October 4, 2018

What is the Baseline for A Committee to Act in the Best Interest of Its Participants? (Part 1)

This is the fourth of a original series of articles titled “The Bests.” The series focuses on Best Interest and Best Practices. Those topics give me flexibility to dispute a compass of subjects that influence both service providers, including advisors, and scheme sponsors, including 401(k) and 403(b) committees.

The recent decision in the case of Sacerdote v. original York University is a classic record of the agreeable and atrocious of scheme committees. Let’s start with the bad.

Five current and former committee members testified at the trial. But not every bit of of the testimony was helpful.

In the opinion, the Court said that the testimony of one of the co-chairs “was concerning.” The court went on to say:

She made it pellucid that she viewed her role as primarily concerned with scheduling, paper movement, and logistics; she displayed a surprising lack of in-depth erudition concerning the fiscal aspects of managing a multi-billion-dollar pension portfolio and a lack of true appreciation for the significance of her role as a fiduciary. In a number of instances, she appeared to believe it was sufficient for her to possess relied rather blindly on [the investment advisor’s] expertise. As a matter of law, blind reliance is inappropriate.

The court further celebrated that:

She bluntly testified that “[i]t’s not my job to determine whether the fees are appropriate” for the Plans.

With admiration to another committee member, the court said that she “was similarly unfamiliar with the basic concepts relating to the Plan, such as who fulfilled the role of administrator for the Faculty Plan. When asked about her inability to bethink scheme details, [the committee member] responded that she has a ‘big job’ (referring to her human resources role, not her Committee membership) and her role on the Committee is one of many responsibilities she has. This suggested that [the committee member] does not view herself as having adequate time to serve effectively on the Committee.”

The court furthermore said, about another committee member, “that he did not even know whether he was, at the time of the trial (in April 2018), still a member of the Committee—and thus whether he bore a fiduciary responsibility to thousands of NYU participants.”

And, finally, the court said “Several Committee members stated that they did not independently hunt to verify the trait of ‘investment advisors’ advice; rather, they simply relied on it.”

If this were the quit of the story, this article would breathe about atrocious practices, rather than best practices. However, there is more.

The court went on to say: “While the Court finds the even of involvement and seriousness with which several Committee members treated their fiduciary duty troubling, it does not find that this rose to a even of failure to fulfill fiduciary obligations.”

How is that possible?

Sadly, I will leave you hanging for a week, until I post Part 2 of this article. However, I don’t want you to breathe disappointed. So, let me give you a preview. There were other committee members, some of whom were fairly sophisticated and very engaged. However, there is even more than that. The court celebrated two or three other steps taken by the committee that saved NYU and the committee members from a litigation disaster. My next article will cover that.

POSTSCRIPT: One lesson from this case, independent of the committee actions that saved the day for NYU, is that committees should possess formal programs for fiduciary education. The fiduciary education should cover, at the least: Who is a fiduciary and what are the fiduciary responsibilities? How accomplish fiduciaries fulfill those duties in the existent world? How accomplish fiduciaries review and examine the recommendation that they receive? And, how accomplish fiduciaries monitor the costs and compensation related to their service providers and scheme investments? That education should breathe reinforced at least annually, together with updates on current developments. Finally, original committee members should breathe educated about their roles and responsibilities when they start serving.

Part 1 - Best Interest and Best Practices: Improving Retirement Outcomes #1

Part 2- Best Interest and Best Practices: Improving Retirement Outcomes #2

Part 3 - Best Interest and Best Practices #3: Best Practices for scheme Sponsors: Projection of Retirement Income

©2018 Drinker Biddle & Reath LLP. every bit of Rights Reserved


Expanded Technology Readiness even (TRL) Definitions for the Bioeconomy | killexams.com existent questions and Pass4sure dumps

By Dave Humbird, Ph.D., Member, Lee Enterprises Consulting, Inc.

Special to The Digest

For original technologies in the bioeconomy (and in the chemical process industry more broadly), the putative path to commercialization is some form of: lab, pilot, demonstration, commercial. The Technology Readiness even (TRL) scale is often proposed to track this progression, effectively ranking the maturity of a technology. For a original chemical process technology, TRLs 1-3 may depict fundamental R&D, TRLs 4-6 scale-up and integration, and TRLs 7-9 demonstration and commercial deployment. TRL definitions for specific industries possess generally been produced by funding or regulatory entities [1], and in most cases are simply a list of expected R&D activities that help these entities identify a technology’s current TRL. Technology developers, however, tend to find the definitions less useful because they lack guidance on how to exit a TRL and progress to the next. redeem simply, however, this progression requires funding; funding that must compass from investors, whether internal, private, or public. In process technology development, TRLs 1-2 are typically achieved with government or academic grants, TRLs 3-4 with seed rounds, and TRLs 5-7 with Series A/B/C funding rounds. Reaching the final TRLs 8 and 9 (building big plants) generally requires a bank loan for capital gear and construction.

In this article, they present an expanded set of TRL definitions, combining elements of DOE-BETO’s definitions (2015 and earlier), which are well suited for the bioeconomy [2], with elements of the startup-to-VC “Investment Readiness Level” framework proposed by Steve Blank [3]. Along with expected R&D activities, they dispute appropriate conceptual process design and production cost estimation activities (otherwise known as techno-economic analysis or TEA) that should breathe performed concurrently to ensure process scalability. They furthermore dispute TRL exit criteria and deliverables that technology developers should await to provide to investors when looking to secure the additional funding needed to progress. They exhaust the expanded definitions in their consulting drill as a roadmap and a common terminology to help bioeconomy technology developers and their investors progress to commercialization harmoniously. They would relish to note, however, that these definitions of course remain open for debate, and they welcome feedback from every bit of interested parties.

TRL 1: Basic research, elevator pitch

In TRL 1, initial scientific research begins. Principles and phenomena of a original technology (e.g., molecule or process) are identified. First-principles modeling and simulation may complement physical experiments. To exit TRL 1, the basic science should breathe validated through peer-reviewed publications. With this fundamental but possibly qualitative understanding, the technology may breathe ready to transition to applied research in TRL 2. Developers in TRL 1 should therefore identify a necessity within the bioeconomy and open to articulate their technology’s potential to answer that need. This includes activities relish finding a customer segment, understanding those customers’ pain points, and explaining how they will capitalize from the original technology under development. This erudition can breathe turned into an elevator pitch for securing TRL 2 funds and used to develop the applied research plan. Developers who are unable to articulate their potential to answer such a necessity should breathe content with their publications and refocus elsewhere.

TRL 2: Applied research, traffic plan

TRL 2 activities will validate the technical and traffic potential of the technology to answer the necessity identified in TRL 1. Ongoing R&D should corroborate the basic observations made previously, and the experimental scheme should breathe organized with an eye toward the ultimate practical application(s). This deeper understanding is intended to reduce scientific risk to a even where external investors can breathe approached. Securing the funding to stagger past TRL 2 requires a sound traffic scheme around a well-defined value proposition. Technology developers should assess commercial opportunities using market studies that examine the expected market size and competitive landscape. In the bioeconomy, competitive odds over existing technologies may compass in the form of lower production costs, higher purity, increased yield, and/or better sustainability. Early exploration of these opportunities, such as discussions with potential customers, should breathe documented. Developers should furthermore start assessing the intellectual property value of the R&D to date, in case the opportunity survey indicates that the technology is perhaps better suited for implementation in the future.

TRL 3: Technical proof of concept, confirmed value proposition

In TRL 3, applied research continues and early-stage process development begins. Laboratory experiments are designed with repeatability and trait control in mind, to quantitatively verify that the concept works as expected.

Techno-economic analysis (TEA) activities open around TRL 3. While TEA can breathe performed at varying levels of detail, developers and investors should understand that TEA sophistication needs to breathe consistent with the maturity of its core technology. Process concepts that possess been thoroughly researched in the lab with no consideration given to scale-up challenges should breathe viewed as insufficiently de-risked. Conversely, a highly circumstantial process design with an unproven core ingredient should breathe dismissed as fantasy.A introductory TEA in TRL 3 should bound the minimum contribution of feedstock and other significant chemical inputs to the final product cost, using assumed yields informed by R&D and projected input price informed by market studies. As a starting point, the inset discussion of this article demonstrates how to compute a theoretical product yield and cost contribution from a given feedstock, using degrees of reduction.

To solidify the traffic plan, this minimum product cost (with some reasonable inflation to account for conversion costs) can breathe used in additional market research. Potential customers and partners should breathe polled for interest, to quantify potential market share. If it turns out that the minimum cost is already unacceptable, additional work must breathe done to identify a different feedstock or negotiate a lower feedstock price. Credits and subsidies (e.g., RINs) can influence the outcome of these studies. This exertion validates the technology’s value proposition and commercial viability and gives self-possession to investors that it is ready for scale-up.

Discussion: Theoretical yield and minimum product cost

A simple way to evaluate theoretical yield is to exhaust the degree of reduction (γ), a measure of the number of electrons available for reaction in a compound. For a molecule with formula CxHyOz, the degree of reduction is given by γ = 4x + y – 2z. For conversion of one molecule to another (say, glucose to ethanol), the ratio of γfeedstock/γproduct gives the best possible molar yield obtainable; the yield will not breathe better than this without additional electrons (e.g., hydrogen). For most such conversions, feedstock cost dominates overall production costs, so this theoretical cost contribution can breathe considered a minimum cost of production, i.e., the cost of production if capital, labor, and every bit of other operating expenses were free. account the following specimen molecules, produced from glucose syrup (C6H12O6, γ=24) at a spot price of $0.55/kg [4]. Using degrees of reduction, they can compute theoretical yields and the minimum feedstock contribution to product cost:

  γ Theoretical yield $/kg

theo.

$/kg

spot [4]

Molar Mass Ethanol 12 2.00 51% $1.08 $0.84 n-Butanol 24 1.00 41% $1.34 $1.14 C15 alkane (diesel equiv) 92 0.26 31% $1.79 $0.67 Fatty acid methyl ester (soy oil equiv) 107 0.22 37% $1.49 $0.72 1,4-butanediol 22 1.09 55% $1.01 $1.14

Most of these feedstock contributions are unacceptable compared to the current spot price of each product—one would not buy spot glucose to earn them! Rather, one would negotiate a lower price, or produce one’s own glucose from starch. Refined starch, however, is not traded as a commodity on the very scale as glucose syrup, so they travel up the supply chain to corn and biomass. The current price of corn is about $3.50/bu ($125/US ton) [5]. If they assume corn is 60% starch (monomer C6H10O5, γ=24), then the price of starch is $0.23/kg. The cost and availability of lignocellulosic feedstock are more speculative, but DOE currently targets $84/US ton of herbaceous material with 60% carbohydrate, comprising about 40% cellulose and 20% xylan [6]. The price of the convertible fraction (average formula C1H1.6O0.8, γ=4) is thus $0.15/kg. The costs of ethanol production can breathe compared:

  $/kg theo. Ethanol from spot glucose $1.08 Ethanol from corn starch $0.40 Ethanol from biomass carbohydrate $0.27

We descry that $84 biomass indeed offers some economic odds over corn at $125, an odds that vanishes near price parity and probably significantly lower, given the relative rigor of converting biomass to fermentable sugars. More circumstantial TEA is required to accurately determine this point. In such further analysis, government credits or ‘soft’ market factors favoring cellulosic products over corn could furthermore breathe considered.

TRL 4: development of the minimum viable process

TRLs 4-6 depict the bridge from development to demonstration and the reduction of engineering risk. TRL 4 is the first step in determining whether the individual components of a technology (for instance, fermentation and recovery) can breathe integrated as a process. In the lab, process components are validated individually, and may breathe integrated in an ad hoc manner. They convene this the minimum viable process—the cheapest experiments that test the whole idea.

TRL 4 is generally where conceptual process design begins. An integrated process model is developed that includes core technology as well as upstream and downstream operations (feedstock handling, product separation). Performance specifications for individual components are obtained from lab experiments; in this way, the TEA model may breathe leveraged to prioritize research targets according to economic impact. In TRL 4, TEA can breathe performed in spreadsheets if flowsheet simulation software is not available [7], but it must provide an overall material equipoise for the proposed process at scale. An energy equipoise may breathe elusive at this stage, due to uncertainties surrounding process externalities relish utility demands in downstream processing. Developers should exhaust the material equipoise to (1) understand the production costs associated with every bit of material inputs (e.g., fermentation media, solvent makeup, catalysts, hydrogen) and (2) validate that exact for these process inputs and any byproducts can breathe served by the existing market. (An specimen that comes to intellect is organic acid production being limited by gypsum offtake.) In subsequent TRLs, developers will fulfill more and longer integrated experiments and will search for to design and procure pilot-scale equipment. Exiting TRL 4 thus requires a significant funding commitment to support additional technical labor and capital equipment. Above all, the TEA efforts in TRL 4 should present a compelling record to investors, ideally resulting in a Series A investment round.

TRL 5: Integrated validation of the minimum viable process

TRL 5 traditionally marks the quit of bench-scale work and final reduction of scientific risk. Continuous, integrated tests should breathe designed to produce small lots of the end-product, from its intended feedstock and with its intended formulation and specifications. These test lots can breathe provided to offtake partners or regulatory agencies. Some developers in the food, biomaterials, and personal-care spaces may possess the opportunity in TRL 5 to provide samples to the public. (Be aware, however, that attempting to earn a profit on R&D lots can possess unwanted tax implications.)

There is generally no sharp transition between TRL 5 and TRL 6, which focuses on the design and operation of a pilot-scale testing unit (nominally 1/100th of commercial scale). Pilot development may still occupy region in a laboratory, but experiments are carried out at engineering scale, rather than bench scale. Pilot-scale unit operations may breathe designed and procured while bench-scale work continues, with the larger units replacing smaller units as they are brought online and validated.

From TRL 5 on, TEA activities could more broadly breathe called “process engineering,” so companies should hunt to grow their engineering departments, by hiring full-time process engineers and/or expanding relationships with engineering and consulting firms. By TRL 5, the process flowsheet and TEA model should breathe sophisticated enough to comprehend every bit of material costs, major utility costs, and rugged estimates of the major capital gear at scale. Such data needs to ideally breathe in region by TRL 5 to position a developer for the scrutiny they should await when trying to obtain hundreds-of-million-dollar loans in the later TRLs. These will breathe further refined as pilot development reduces engineering risk.

TRL 6: Integrated pilot development

As stated above, the line between TRL 5 and 6 is degree blurry and developers may find themselves in TRL 6 at the point where most of their development activities hub on operating the pilot plant (1/100thcommercial scale). It is primary that the pilot plant comprehend engineering-scale equivalents of every bit of the unit operations that will breathe required at scale, including prototypes of any novel operations, e.g., product separation. If not adopted earlier, the process flowsheet that informs the TEA model is built with a proper chemical flowsheet simulation program, paying attention to physical limitations of gear (pump motors, compressor discharge temperatures), materials of construction, and thermodynamic accuracy, particularly in separations. This even of detail generally requires senior process engineering staff or specialized consultants. The TEA model will breathe used by an EPC solid to develop construction estimates for a demonstration plant (1/10thcommercial scale), and relatively accurate capital cost estimates for the full-scale plant. These will breathe used to procure financing to proceed forward.

To the extent that there exists a valley of death for bioeconomy ventures, it is almost certainly TRL 5/6. The next TRL culminates with a demonstration of extended, continuous pilot plant operation. watchful selection and specification of pilot gear in TRL 5, and a abysmal understanding of their operational nuances in TRL 6 is censorious to a successful continuous speed in TRL 7.

TRL 7: Integrated pilot continuous operation

TRL 7 comprises continuous, integrated operation of the pilot plant, from feedstock to product. These activities will expose engineering and manufacturing risk that may surface at larger scale. Developers should propose—and exhaust the pilot plant to test—solutions that will apply to demonstration scale. A continuous, steady-state speed of 1,000 hours is the industry standard needed to instill self-possession in big investors (i.e., banks). Some developers possess gone to demonstration scale with fewer, but 1,000 hours should breathe the threshold for original developers to suffer in mind. Documentation is censorious in TRL 7—developers should record which operations were running during every run, for how long, and how they performed.

Between TRL 7 and TRL 8, the demonstration plant (1/10thcommercial) will breathe designed and constructed—potentially a project taking tens of months and tens of millions of dollars. Developers should await that investors will employ independent engineers (IEs) to scrutinize and validate the R&D and pilot runs to this point. To facilitate communication with IEs, the flowsheet and TEA model should breathe refined to near-final form, with a very lofty even of detail. With learning from the pilot operation, design, construction, and startup of the demonstration plant proceeds with external EPC resources. Heat and material balances from the refined model will breathe used to develop circumstantial construction estimates for a commercial plant.

TRL 8: Precommercial demonstration

Our discussion around TRLs 8 and 9 is rather brief, because they find that developers who compass TRL 8 already possess a lofty even of competency, and the remaining problems tend to breathe very specific growing pains that are not of interest to a generic audience.

In TRL 8, the demonstration plant is constructed, troubleshot, and operated continuously. Operating conditions are explored, to prove the process within and outside of habitual parameters. TRL 8 represents the quit of R&D in almost every bit of cases. (Some definition sets omit TRL 9 because R&D is effectively complete.) By analyzing demonstration operability, true manufacturing costs will breathe determined. Deviations from the predictions made during the pilot stage are identified and mitigation plans are developed. The process simulation is finalized and scaled up to commercial scale.

TRL 9: replete commercial deployment

Technologies in TRL 9 are in their final form and possess been proven throughout the replete compass of operating conditions. R&D, pilot, and demonstration resources can breathe directed to other commercialization targets. A full-time process engineering staff continuously verifies that operations are meeting cost, yield, and productivity targets. Frequently, operating companies continue to find value in highly specialized experts for implementing advanced process control programs, or process debottlenecking.

References

[1] https://en.wikipedia.org/wiki/Technology_readiness_level

[2] DOE Bioenergy Technologies Office, Multi-Year Program Plan, March 2015

[3] Steve Blank, https://steveblank.com/2013/11/25/its-time-to-play-moneyball-the-investment-readiness-level/

[4] IHS Chemical, PEP Yearbook, Accessed March 2018

[5] The University of Illinois, Dept of Agricultural and Consumer Economics, October 2017

[6] DOE Bioenergy Technologies Office, Multi-Year Program Plan, March 2016

[7] https://en.wikipedia.org/wiki/List_of_chemical_process_simulators

About the Author

Dr. Humbird, Principal of DWH Process Consulting LLC, is a member of Lee Enterprises Consulting, the world’s premier bioeconomy consulting group, with more than 100 consultants and experts worldwide who collaborate on interdisciplinary projects, including the types discussed in this article. The opinions expressed herein are those of the author, and accomplish not necessarily express the views of Lee Enterprises Consulting.



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Snia [7 Certification Exam(s) ]
SOA [15 Certification Exam(s) ]
Social-Work-Board [4 Certification Exam(s) ]
SpringSource [1 Certification Exam(s) ]
SUN [63 Certification Exam(s) ]
SUSE [1 Certification Exam(s) ]
Sybase [17 Certification Exam(s) ]
Symantec [134 Certification Exam(s) ]
Teacher-Certification [4 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trainers [3 Certification Exam(s) ]
Trend [1 Certification Exam(s) ]
TruSecure [1 Certification Exam(s) ]
USMLE [1 Certification Exam(s) ]
VCE [6 Certification Exam(s) ]
Veeam [2 Certification Exam(s) ]
Veritas [33 Certification Exam(s) ]
Vmware [58 Certification Exam(s) ]
Wonderlic [2 Certification Exam(s) ]
Worldatwork [2 Certification Exam(s) ]
XML-Master [3 Certification Exam(s) ]
Zend [6 Certification Exam(s) ]





References :


Dropmark : http://killexams.dropmark.com/367904/12851040
Dropmark-Text : http://killexams.dropmark.com/367904/12946129
Blogspot : http://killexamsbraindump.blogspot.com/2018/01/never-miss-these-3x0-201-questions.html
Wordpress : https://wp.me/p7SJ6L-2MA
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