Principal Component Value at Risk: an application to the measurement of the interest rate risk exposure of Jamaican Banks to Government of Jamaica (GOJ) Bonds Mark Tracey1 Financial Stability Department Research & Economic Programming Division Bank of Jamaica Abstract This paper develops an effective value at risk (VaR) methodology to complement existing Bank of Jamaica financial stability assessment tools. This methodology employs principal component analysis and key rate durations for
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DDRMI – Digital Distance and Radio Magnetic Indicator (RMI with DME) DMC - Display Management Computer DU - Display Unit (CRT‚ or "TV screen") ECAM - Electronic Centralized Aircraft Monitoring EIU - Engine Interface Unit ELAC - Elevator Aileron Computer EO - Engine Out E/WD - Engine/Warning Display‚ upper display for aircraft systems. FAC - Flight Augmentation Computer 1 of 4 17-Oct-10 12:14 PM A to Z - Abbreviations & Acronyms http://www.chipsplace.com/helpful/Airbus/A%20to%20Z.htm#Abbreviations
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Task 1 Q1) Explain the various principles involved with hydraulic fluids (P1) There are 4 types PASCAL’S LAW DIFFRENTIAL AREAS BRAMAH’S PRESS BERNOULL’S PRINCIPLE Pascal’s Law Pascal’s law defines the fundamental principle of power transmission by hydraulic system. The Pascal’s Law is the main principle behind all hydraulic systems. It is stated pressure is an enclosed container is transmitted equally and undiminished to all parts of the container and acts at right angles to enclosed walls
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TABLE OF CONTENT INTRODUCTION This report looks through basic description of aircraft motions using standard terminologies such as stability‚ control and modes of flight. This also influences various controls and components on keeping the aircraft in its desired flight path with the aid of an explanation on the purpose of the design features of high-speed aircraft parts. Furthermore‚ as fluid dynamics refers to the relationship between fluid and an object‚ that is passing through it.
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dangerous to flight but most accidents can be avoided if the right precautions are taken to avoid potential bad weather situations. I will take a closer look at icing conditions on aircraft and give examples of icing related accidents Body Icing‚ or ice buildup on the wings‚ is a particular problem for aircraft. When ice builds up on wings‚ it can disrupt airflow‚ robbing an airplane of lift and can decrease its angle of attack‚ which keeps it in the air. Wind tunnel and flight tests have
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Aircraft Solutions (AS) Security Overview Introduction Aircraft Solutions is a well respected equipment and component fabrication company who provides a full spectrum design and implementation solutions to several industries which includes; electronics‚ aerospace‚ commercial and the defense sectors. Aircraft Solutions employs a range of highly qualified professionals and houses an immense production plant‚ with an overall goal of providing high-quality solutions to accommodate specifications
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be found on cars‚ metal pipes‚ aircrafts and anywhere with iron‚ copper and aluminium. Corrosion can be concentrated locally to form a split or crack‚ or it can extend across a wide area which causes corroding on surfaces. Because corrosion is a diffusion-controlled process‚ it occurs mainly on exposed surfaces. Besides costing millions of dollars in aircraft inspections and repair work‚ corrosion can lead to massive safety risks if it is left untreated. Aircraft mechanics and technicians have
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THE AIRCRAFT APU (Auxiliary Power Unit) Page |2 ABSTRACT The Auxiliary Power Unit is a system designed to provide a secondary source of energy to a particular plant or craft. In aviation‚ this system has evolved to become as essential system in today’s commercial transport aircraft. This report provides an analysis of the history‚ functionality and future development of the aircraft Auxiliary Power Unit. It covers the technological evolution of the APU with reference to specific makes and
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13. Aircraft Performance In this chapter we will make the connections between aircraft performance and propulsion system performance. For a vehicle in steady‚ level flight‚ as in Figure 13.1‚ the thrust force is equal to the drag force‚ and lift is equal to weight. Any thrust available in excess of that required to overcome the drag can be applied to accelerate the vehicle (increasing kinetic energy) or to cause the vehicle to climb (increasing potential energy). Figure 13.1: A schematic of
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| Case Analysis | | | | The one of the macro problems Wengart Aircraft is having is that they are the second largest company in the industry but are only ranked sixth in profitability (Brown‚ 2011). Wengart gets a large amount of contracts but they are spending a lot of money reworking most of the aircrafts after they come off of the production line. Another problem is the quality of their aircrafts is in question with the Secretary of Defense and other private customers. The Secretary
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