scholarly journals The Public–Private Partnership for the Enhancement of Unused Public Buildings: An Experimental Model of Economic Feasibility Project

2019 ◽  
Vol 11 (20) ◽  
pp. 5662 ◽  
Author(s):  
Francesco Calabrò ◽  
Lucia Della Spina
Keyword(s):  
Experimental Model ◽  
Cash Flow ◽  
Flow Analysis ◽  
Economic Feasibility ◽  
Economic Conditions ◽  
Public Buildings ◽  
Discounted Cash Flow ◽  
Research Activity ◽  
Public And Private ◽  
The Public

This article is part of the debate on the economic evaluation of urban regeneration projects to be implemented through partnership forms between public and private subjects. It illustrates the results of the research activity carried out by the authors, aimed at developing innovative tools to verify the economic feasibility and the sustainability of projects for the reuse of unused public buildings. Particularly, the study made it possible to develop an experimental model of economic feasibility project to be used in the. The model aims at verifying if the economic conditions are satisfied, and which ones, if any, are appealing for the private involvement within the realization and/or management of collective utility interventions. Significant points of the model are: (1) The inclusion of real estate re-use projects in the wider context of urban and territorial regeneration; (2) the adoption of criteria to assess costs and revenues remarkably eligible, in the authors’ opinion, to understand the effective economic feasibility and/or sustainability of reuse projects, even under the framework of reliable techniques as the ‘Cash Flow Analysis’ and the ‘Discounted Cash Flow Analysis’.

Manufacturer's pricing and lot-sizing decisions for perishable goods under various payment terms by a discounted cash flow analysis

2019 ◽  
Vol 218 ◽  
pp. 83-95 ◽  
Author(s):  
Chun-Tao Chang ◽  
Liang-Yuh Ouyang ◽  
Jinn-Tsair Teng ◽  
Kuei-Kuei Lai ◽  
Leopoldo Eduardo Cárdenas-Barrón
Keyword(s):  
Cash Flow ◽  
Lot Sizing ◽  
Flow Analysis ◽  
Discounted Cash Flow ◽  
Perishable Goods

Methodologies and Techniques for Determining the Value of an Aircraft

2020 ◽  
pp. 036119812095841
Author(s):  
Bijan Vasigh ◽  
Farshid Azadian ◽  
Kamran Moghaddam
Keyword(s):  
Cash Flow ◽  
Flow Analysis ◽  
Operating Costs ◽  
Asset Valuation ◽  
Discounted Cash Flow ◽  
Valuation Model ◽  
Exogenous Factors ◽  
New Generation ◽  
Operating Revenue

Aircraft valuation and the estimation of an accurate aircraft price is undoubtedly a challenging task that has significant consequences for airlines. This paper presents an asset valuation model to show how a series of endogenous as well as exogenous factors can influence the value of an aircraft. Specifically, a discounted cash flow methodology is used to forecast the valuation of an old or new generation aircraft. Both total operating revenue and aircraft operating costs are taken into account to devise a reliable pre-tax profit measurement that is used as the basis of the discounted cash flow analysis. A sensitivity analysis based on Monte Carlo simulation is utilized to identify which factors have a more significant influence on the suggested aircraft value. Therefore, it addresses how value fluctuates in response to economic fluctuations. Indeed, the calculated value of an aircraft highly depends on the underlying assumptions used. The calculated value is compared with available data in a case study for verification.

scholarly journals Real Options and Discounted Cash Flow Analysis to Assess Strategic Investment Projects

2017 ◽  
Vol 30 (1) ◽  
pp. 91-101 ◽  
Author(s):  
Agnė Pivorienė
Keyword(s):  
Real Options ◽  
Cash Flow ◽  
Flow Analysis ◽  
Investment Decisions ◽  
Business Environment ◽  
Strategic Decision ◽  
Discounted Cash Flow ◽  
Strategic Investment ◽  
Investment Projects ◽  
Real Options Approach

Abstract In today’s uncertain and highly competitive business environment, the difficulty to make strategic investment decisions is growing. The dominant discounted cash flow analysis requires the assumption of perfect certainty of project cash flows. However, under uncertainty traditional DCF approach falls short of providing adequate strategic decision support, and this situation demands new methods for investment evaluation. Real options approach (ROA) has shown the potential for valuation of strategic corporate investment decisions and managerial flexibility in situations of high uncertainty. Under ROA, projects are viewed as real options that can be valued using financial option pricing techniques. This framework allows their owner to keep investment options open and to benefit from the upside potential of an opportunity while controlling the downside risk. The main aim of this research is to investigate the feasibility of real options approach and traditional DCF analysis for assessment of strategic investment projects under environmental uncertainty.

Modelling of cogeneration systems. Part 2: Development of a quasi-static cogeneration model (steam turbine cogeneration analysis)

2000 ◽  
Vol 214 (2) ◽  
pp. 125-143 ◽  
Author(s):  
J M O'Brien ◽  
P K Bansal
Keyword(s):  
Steam Turbine ◽  
Cash Flow ◽  
Flow Analysis ◽  
Plant Performance ◽  
Small Scale ◽  
Cogeneration Plant ◽  
Discounted Cash Flow ◽  
Part Load ◽  
Load Models ◽  
Plant Simulation

Steam turbine cogeneration analysis (STuCA) is a quasi-static cogeneration plant model that has been developed to simulate steam turbine cogeneration plants subject to varying loads. STuCA was developed to provide potential cogeneration plant users with a model that could simulate part-load performance over the expected operating range of the cogeneration plant using fundamental engineering analysis methods. The model was designed to bridge the gap between static design-point models that could not accommodate part-load conditions and complex part-load models which are too expensive for small scale cogeneration proposals. In addition, the model contains economic analysis tools to analyse the thermoeconomic performance of the plant and to conduct a cash flow analysis. These features are an extension to the static and part-load models. The model consists of four submodels: a load, system, plant and economic model. The load submodel drives the cogeneration plant simulation, supplying utility demands to the system models. The system submodels calculate the steam required by the system components to meet the utility demands. The plant submodel then predicts turbine and boiler performance as they meet the steam demand. The primary plant submodel outputs are the electricity generated and quantity of coal consumed by the boiler, which are used by the economic submodel to conduct a thermoeconomic analysis of the site as well as a discounted cash flow analysis. This method of modelling results in a model that can predict plant performance with respect to varying load and then use those data to conduct a meaningful economic performance analysis of the site.

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