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

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

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

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Sair Sair Core Concepts and

Corrie celebrity says ‘I’m no longer a bitch like Alya!’ as she displays she avoids gregarious media criticism | killexams.com real Questions and Pass4sure dumps

(photograph: ITV)

Coronation highway actress Sair Khan has admitted that she avoids analyzing up gregarious media commentary on her personality Alya Nazir, who is currently in the focus 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 complete of them about now not caring about Aidan while he turned into alive.

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

‘It’s now not at complete times very excellent – what’s critical to me is how I believe concerning the labor I’ve performed and what everyone here thinks. I accept concerned occasionally that people muddle 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 real existence 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 need to build yourselves in their footwear and justify actions which could sometimes breathe questionable. You basically should believe lower back throughout the personality’s journey to motif out how they acquire 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 claim 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 monotonous to play up to the stereotype of being actually decent or definitely dangerous. here's no longer the event i assumed Alya would acquire taken – that’s complete based on the storylines i am given so i am nevertheless figuring this persona out as i ebb and simply adding to her experiences. I didn’t understand she would acquire 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 puerile age and that had a major acquire an result on.

‘Then when her granddad cheated, complete 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 acquire been nonetheless occurring to her. It’s created just a petite of an facet to her – she wonders why she may quiet carry out the usurp thing as it doesn’t ebb 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 real 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 too offers functions for educate operators.      The deal makes SAirGroup, which owns Swiss flag service Swissair, the biggest airline catering trade 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 crop back its reliance on the incredibly-cyclical passenger company, observed analysts. uphold 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 acquire a turnover of more than $2 billion in 1998, spoke of SAirGroup. The deal might breathe refinanced with a bond hardship 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 large charge 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 materialize 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 ebb back and forth trade assets during the last 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.

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Coronation road | killexams.com real Questions and Pass4sure dumps

Is Alya doing this only for her own profit?

"I carry out not consider taking on the factory is for her own profit. in case you materialize 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 complete 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 labor that they had been doing over the last few months. they had a shared ardor and realizing for what the manufacturing unit had become, so she is conscious of she has to proceed that work.

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

Alya Nazir stands her ground with Carla Connor in Coronation Street

©  ITV

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

"Alya thought that Carla has a petite bit more kind 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 acquire any guide?

"Imran and Yasmeen are driving forces for her to recall manage and battle for the manufacturing facility. The cadaver of workers of the factory are slightly more difficult to accept on board. She looks like she can carry out it, however she simply wants their help. She feels they easily overlook that if it wasn't for her, they may now not acquire had these jobs within the first place. So when they're taking the mick and coming in late, she finds it just a petite nasty – so of direction, she cracks the whip."

Who may breathe her allies?

"She does acquire an surprising ally in Sarah, which is unlikely because of the tradition with Gary. Sarah is hired as Alya's PA and the manufacturing facility laborers interrogate yourself why they couldn't acquire utilized for the job, so Alya begins to deal with Sarah like a slave as she has slightly of a map to build the others off.

"i like working with Tina O'Brien – she's the most effective. or not it's complete the time trait to labor with distinctive individuals in the street – on occasion you don't perceive some americans for months and don't learn what they acquire been up to until you perceive 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 learned Alya would accept the manufacturing facility?

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

advertisement - proceed studying beneath

What carry out you build of the coincident darkish storylines in Corrie?

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

"It became so unhappy to deliver goodbye to Shayne Ward (Aidan) as he is such a accepted 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 – complete of those americans acquire been so near to myself and my personality in the show. they've complete had a massive influence on Alya's future – so it breathe melancholy to survey them ebb however obliging for me because it offers me extra to do!"

connected Article

Coronation highway reveals plans for three summer proposals

What kind of fan reaction carry out you get?

"everybody has been really stunning – to my face! I are conscious of it's not much a controversial storyline and Alya is never the least difficult personality to accept together with lots of the time. however complete and sundry has been in fact first-class."

Do you assess Twitter?

"I carry out not investigate gregarious media so plenty, however I used to. it breathe not at complete times very best. What's indispensable to me is how I believe in regards to the labor I've carried out and what each person right here at Corrie thinks. I accept involved once in a while that americans muddle the exhibit with precise existence. i'm so much happier and nicer in real 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 obliging role model?

"I suppose it breathe tough to claim that as she is fundamentally incorrect. it could breathe monotonous to play up to the stereotype of being truly obliging or in reality bad. here is no longer the adventure i believed Alya would acquire taken – it's complete 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 acquire so an grim lot loss and darkness. quite quickly after she misplaced her mum, her dad died and she grew to breathe an orphan at a puerile age and that had a major acquire an impact on. Then when her granddad cheated, complete her core beliefs acquire been rocked and that hardened her, as she had performed every thing by pass of the publication until that aspect.

"Alya turned into a remarkable lady, she went to tuition, she did every thing her grandparents had pointed out, however whereas doing every petite thing appropriate, grim issues had been nonetheless happening to her. it's created not much of an piece to her. She wonders why she should carry out the right factor because it does not ebb smartly for her."

Who carry out you consider should quiet breathe Alya's next esteem activity?

"i was having this dialog in the canteen recently. I carry out like romance and that i carry out need a positive outlook in her lifestyles and a remarkable romance chronicle is at complete times fun."

Nick is coming returned, so maybe him?

"i am desirous about not going pairings! It is real 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 tattle on their Coronation road homepage

need up-to-the-minute soaps information, spoilers and tattle for your gregarious 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)

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

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

Here is obliging source of Latest dumps, accurate answers.
killexams.Com questions and answers helped me to comprehend what precisely is anticipated in the examination 3X0-201. I prepared properly within 10 days of guidance and completed complete of the questions of exam in eighty mins. It incorporate the topics similar to exam component of view and makes you memorize complete the subjects without issues and correctly. It moreover helped me to know the manner to maneuver the time to finish the examination before time. Its miles incredible approach.


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It is not the primary time i am using killexamsfor my 3X0-201 exam, i acquire attempted their materials for some vendors examinations, and havent failed as soon as. I absolutely reckon on this steering. This time, I additionally had some technical problems with my pc, so I had to paw their customer uphold to double test some thing. Theyve been top notch and acquire helped me kindly matters out, in spite of the fact that the problem become on my prevent, not their software program program.


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Im now 3X0-201 certified and it couldnt breathe viable without killexams.Com 3X0-201 testing engine. killexams.com testing engine has been tailor-made keeping in thoughts the necessities of the students which they confront at the time of taking 3X0-201 exam. This sorting out engine may breathe very a lot examination attention and each issue depend has been addressed in element simply to preserve apprised the scholars from every and each information. Killexams.Com organization is conscious of that that is the manner to withhold college college students assured and ever equipped for taking examination.


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Its concise answers helped me to accomplish obliging marks noting complete questions under the stipulated time in 3X0-201. Being an IT master, my abilities with respect are so forth need to breathe good. Not withstanding, proceeding with a customary employment with gigantic obligations, it was not simple for me to recall a solid planning. At that point, I organize out about the generally organized question and respond aide of killexams.com dumps.


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I am very plenty joyous with your recall a survey at papers mainly with the solved troubles. Your check papers gave me courage to materialize in the 3X0-201 paper with self assurance. The conclude result is 77.25%. Once once more I entire heartedly thank the killexams.Com group. No different pass to skip the 3X0-201 exam aside from killexams.Com model papers. I individually cleared other tests with the assist of killexams.Com question bank. I suggest it to each one. If you need to skip the 3X0-201 examination then recall killexamss help.


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I got this percent. And surpassed the 3X0-201 examination with 97% marks after 10 days. Im highly fulfilled via the result. There may breathe awesome stuff for accomplice stage confirmations, yet regarding the expert degree, I believe this is the main sturdy course of action for satisfactory stuff, in particular with the examination simulator that gives you a hazard to workout with the appearance and revel in of a true examination. That is a completely considerable irony sell off, actual acquire a survey at guide. That is elusive for lowering aspect exams.


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Two positives and two negatives from Warriors' 2-3 preseason | killexams.com real 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. learn what’s obliging 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 acquire to breathe pleased with what they saw from All-Stars Stephen Curry, Kevin Durant and Klay Thompson. They are no less content with the labor 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 unsightly 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. obliging move. He’s ready.

No one appears more ready than Thompson, who shot 51.6 percent from the territory 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 obliging in the preseason finale, this bunch is on target.

JaVale 2.0

In deciding to crop ties with JaVale McGee, coach Steve Kerr made it limpid that he hoped Damian Jones could provide the kindly of “vertical spacing” that made McGee such a valuable force the last 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 talent 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 appear in tune or blows a defensive switch, things McGee routinely did. But the Warriors acquire every judgement to believe Jones, who will start opening night, can contribute on a regular basis.

NEGATIVES

About that bench . . .

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

They can’t appear to accept amenable scoring from the bench. Specifically, their reserves acquire consistently been at or near the bottom of the NBA in 3-point makes.

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

They combined to build 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 accept better, but 6-of-28 is not going to crop it.

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

Bell’s risky 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 recall risks and he often was on the court with teammates he met only weeks ago and sometimes makes something obliging out of a mess, no one in Bell’s position should lead the team in turnovers.

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

This, too, will accept better. He’ll disburse more court time with the regulars and shouldn’t feel the urge to create something spectacular. He’s a showman, but he’s too conscious that’s not what will withhold him in the league.


Best Interest and Best Practices #4 | killexams.com real 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 fresh sequence of articles titled “The Bests.” The sequence focuses on Best Interest and Best Practices. Those topics give me flexibility to debate a orbit of subjects that impress both service providers, including advisors, and map sponsors, including 401(k) and 403(b) committees.

The recent conclusion in the case of Sacerdote v. fresh York University is a classic chronicle of the obliging and grim of map committees. Let’s start with the bad.

Five current and former committee members testified at the trial. But not complete 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 limpid that she viewed her role as primarily concerned with scheduling, paper movement, and logistics; she displayed a surprising want of in-depth information concerning the pecuniary aspects of managing a multi-billion-dollar pension portfolio and a want of real appreciation for the significance of her role as a fiduciary. In a number of instances, she appeared to believe it was adequate for her to acquire relied rather blindly on [the investment advisor’s] expertise. As a matter of law, blind reliance is inappropriate.

The court further famous 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 recall map 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 too said, about another committee member, “that he did not even know whether he was, at the time of the crucible (in April 2018), quiet 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 conclude of the story, this article would breathe about grim practices, rather than best practices. However, there is more.

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

How is that possible?

Sadly, I will leave you hanging for a week, until I post piece 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 famous 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 acquire formal programs for fiduciary education. The fiduciary education should cover, at the least: Who is a fiduciary and what are the fiduciary responsibilities? How carry out fiduciaries fulfill those duties in the real world? How carry out fiduciaries review and examine the advice that they receive? And, how carry out fiduciaries monitor the costs and compensation related to their service providers and map investments? That education should breathe reinforced at least annually, together with updates on current developments. Finally, fresh 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 map Sponsors: Projection of Retirement Income

©2018 Drinker Biddle & Reath LLP. complete Rights Reserved


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

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

Special to The Digest

For fresh technologies in the bioeconomy (and in the chemical process industry more broadly), the putative path to commercialization is some shape of: lab, pilot, demonstration, commercial. The Technology Readiness level (TRL) scale is often proposed to track this progression, effectively ranking the maturity of a technology. For a fresh chemical process technology, TRLs 1-3 may picture fundamental R&D, TRLs 4-6 scale-up and integration, and TRLs 7-9 demonstration and commercial deployment. TRL definitions for specific industries acquire generally been produced by funding or regulatory entities [1], and in most cases are simply a list of expected R&D activities that attend these entities identify a technology’s current TRL. Technology developers, however, minister to find the definitions less useful because they want guidance on how to exit a TRL and progress to the next. build simply, however, this progression requires funding; funding that must near 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 sequence A/B/C funding rounds. Reaching the final TRLs 8 and 9 (building large 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 debate usurp 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 too debate TRL exit criteria and deliverables that technology developers should anticipate to provide to investors when looking to secure the additional funding needed to progress. They expend the expanded definitions in their consulting drill as a roadmap and a common terminology to attend bioeconomy technology developers and their investors progress to commercialization harmoniously. They would like to note, however, that these definitions of course remain open for debate, and they welcome feedback from complete interested parties.

TRL 1: Basic research, elevator pitch

In TRL 1, initial scientific research begins. Principles and phenomena of a fresh 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 need within the bioeconomy and commence to articulate their technology’s potential to satisfy that need. This includes activities like finding a customer segment, understanding those customers’ ache points, and explaining how they will benefit from the fresh technology under development. This information 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 satisfy such a need should breathe content with their publications and refocus elsewhere.

TRL 2: Applied research, trade plan

TRL 2 activities will authenticate the technical and trade potential of the technology to satisfy the need identified in TRL 1. Ongoing R&D should corroborate the basic observations made previously, and the experimental map should breathe organized with an eye toward the ultimate practical application(s). This deeper understanding is intended to reduce scientific risk to a level where external investors can breathe approached. Securing the funding to plug past TRL 2 requires a sound trade map 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 handicap over existing technologies may near in the shape 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 too 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 commence 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 acquire been thoroughly researched in the lab with no consideration given to scale-up challenges should breathe viewed as insufficiently de-risked. Conversely, a highly minute process design with an unproven core element 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 speculative product defer and cost contribution from a given feedstock, using degrees of reduction.

To solidify the trade 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 labor must breathe done to identify a different feedstock or negotiate a lower feedstock price. Credits and subsidies (e.g., RINs) can impress the outcome of these studies. This application validates the technology’s value proposition and commercial viability and gives self-possession to investors that it is ready for scale-up.

Discussion: speculative defer and minimum product cost

A simple pass to assay speculative defer is to expend 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 viable molar defer obtainable; the defer will not breathe better than this without additional electrons (e.g., hydrogen). For most such conversions, feedstock cost dominates overall production costs, so this speculative cost contribution can breathe considered a minimum cost of production, i.e., the cost of production if capital, labor, and complete other operating expenses were free. consider 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 speculative 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 build 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 perceive that $84 biomass indeed offers some economic handicap over corn at $125, an handicap that vanishes near price parity and probably significantly lower, given the relative hardship of converting biomass to fermentable sugars. More minute TEA is required to accurately determine this point. In such further analysis, government credits or ‘soft’ market factors favoring cellulosic products over corn could too breathe considered.

TRL 4: development of the minimum viable process

TRLs 4-6 picture 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 call 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 balance for the proposed process at scale. An energy balance may breathe elusive at this stage, due to uncertainties surrounding process externalities like utility demands in downstream processing. Developers should expend the material balance to (1) understand the production costs associated with complete material inputs (e.g., fermentation media, solvent makeup, catalysts, hydrogen) and (2) authenticate that exact for these process inputs and any byproducts can breathe served by the existing market. (An specimen that comes to irony is organic acid production being limited by gypsum offtake.) In subsequent TRLs, developers will effect more and longer integrated experiments and will survey to design and procure pilot-scale equipment. Exiting TRL 4 thus requires a significant funding commitment to uphold additional technical labor and capital equipment. Above all, the TEA efforts in TRL 4 should present a compelling chronicle to investors, ideally resulting in a sequence A investment round.

TRL 5: Integrated validation of the minimum viable process

TRL 5 traditionally marks the conclude of bench-scale labor and final reduction of scientific risk. Continuous, integrated tests should breathe designed to produce wee 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 acquire the opportunity in TRL 5 to provide samples to the public. (Be aware, however, that attempting to build a profit on R&D lots can acquire unwanted tax implications.)

There is generally no keen 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 quiet recall status 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 labor 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 include complete material costs, major utility costs, and harsh estimates of the major capital gear at scale. Such data needs to ideally breathe in status by TRL 5 to position a developer for the scrutiny they should anticipate 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 not much blurry and developers may find themselves in TRL 6 at the point where most of their development activities focus on operating the pilot plant (1/100thcommercial scale). It is indispensable that the pilot plant include engineering-scale equivalents of complete 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 level of detail generally requires senior process engineering staff or specialized consultants. The TEA model will breathe used by an EPC hard 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 ebb 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. careful selection and specification of pilot gear in TRL 5, and a profound understanding of their operational nuances in TRL 6 is critical to a successful continuous sprint 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 expend the pilot plant to test—solutions that will apply to demonstration scale. A continuous, steady-state sprint of 1,000 hours is the industry measure needed to instill self-possession in large investors (i.e., banks). Some developers acquire gone to demonstration scale with fewer, but 1,000 hours should breathe the threshold for fresh developers to tolerate in mind. Documentation is critical 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 anticipate 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 elevated level 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 minute 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 acquire a elevated level of competency, and the remaining problems minister to breathe very specific growing pains that are not of interest to a universal 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 unvarying parameters. TRL 8 represents the conclude of R&D in almost complete cases. (Some definition sets omit TRL 9 because R&D is effectively complete.) By analyzing demonstration operability, real 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 shape and acquire been proven throughout the replete orbit 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 carry out not necessarily express the views of Lee Enterprises Consulting.



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SUN [63 Certification Exam(s) ]
SUSE [1 Certification Exam(s) ]
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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
Box.net : https://app.box.com/s/grlc5jb0hsjfyi4l05mng7nl8npfvo64






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