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APPENDIX
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The sugars produced by these crops are easily fermented by Saccharomyces cerevisiae. The sucrose produced by sugarcane, sugar beet, and sweet sorghum can be fermented directly after squeezing them from the crop. Corn traps its carbohydrate largely in the form of starch which must first be converted into glucose through saccharification with glucoamylase. The residues left over after removing fermentable sugars can also be utilized. In some cases they end up as animal feeds, but many agricultural residues can be converted into additional fermentable sugars through saccharification with cellulases and hemicellulases. The hemicellulose sugars are not fermentable by S. cerevisiae, and must be converted to ethanol by pentose fermenting yeasts or genetically engineered organisms. Bioenergy crops include fast-growing trees such as hybrid poplar, black locust, willow, and silver maple in addition to annual crops such as corn, sweet sorghum, and perennial grasses such as switch grass. Briefly, switch grass is a thin-stemmed, warm season, perennial grass that has shown high potential as a high yielding crop that can be readily grown in areas that are also suitable for crop production. In fact, there are many perennial crops (grass and tree species) that show high potential for production of cost-competitive cellulosic biomass. Switch grass can be viewed as a surrogate for many perennial energy crops when estimating biomass supply and availability. Many other crops are possible and the optimal crop will vary with growing season and other environmental factors. Most fast-growing woody and annual crops are high in hemicellulose sugars such as xylose. Corn stalks and wheat straws are the two agricultural residues produced in the largest quantities. However, many other residues such as potato and beet waste may be prevalent in some regions. In addition to quantity it is necessary to consider density and water content (which may restrict the feasibility of transportation) and seasonality which may restrict the ability of the conversion plant to operate on a year-round basis. Facilities designed to use seasonal crops will need adequate storage space and should also be flexible enough to accommodate alternative feedstocks such as wood residues or other wastes in order to operate year-around. Some agricultural residues need to be left in the field in order to increase tilth (the state of aggregation of soil and its condition for supporting plant growth and to reduce erosion) but some residues such as corncobs can be removed and converted without much difficultly. Similar to herbaceous crops, straw usually has lower moisture content than woody biomass. Conversely, it has a lower calorific value, bulk density, ash melting point and higher content of ash, and problematic inorganic component such as chlorine, potassium, and sulfur, which cause corrosion and pollution. The last two drawbacks can be relatively easily overcome by leaving straw on the field for a while. In such a way rainfall washes it naturally from a large part of potassium and chlorine. Alternatively, fresh straw can be directly shipped to the gasification plant, where it is washed by dedicated facilities at moderate temperatures (50 60 C). Due to washing, the initially low moisture content of straw becomes higher in both cases and hence a mandatory drying is applied afterward. In both cases also the content of corrosive components is reduced, but not completely taken out. In order to decrease handling costs, straw and dedicated herbaceous energy crops are usually baled before being shipped to the gasification plant. The weight and the size of bales depend on the baling equipment and on the requirements of the gasification plant (Van Loo and Koppejan, 2003; NSCA, 2004). Softwood residues are generally in high demand as feedstocks for paper production, but hardwood timber residues have less demand and fewer competing uses. In the past, as much as 50 percent of the tree was left on site at the time of harvest. Whole tree harvest systems for pulp chips recover a much larger fraction of the wood. Wood harvests for timber production often generates residues which may be left on the site or recovered for pulp production. Economics of wood recovery depend greatly on accessibility and local demand.
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CHAPTER 9 XQuery
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private void UpdateListBox() { List<KeyValuePair<string, string>> Locations = new List<KeyValuePair<string, string>>(); MSNWeatherData myMSNWeather = new MSNWeatherData(); Locations = myMSNWeather.GetLocations(txtCurrentCity.Text); lbPossibleCities.DataSource = Locations; lbPossibleCities.DisplayMember = Value ; lbPossibleCities.ValueMember = Key ; }
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automatically assign IP addresses and configure TCP/IP for network clients. A program module that contains executable code and data that can be used by various programs. A program uses the DLL only when the program is active, and the DLL is unloaded when the program closes.
Using Windows XP Professional, you can automate the logon process by storing your password and other pertinent information in the registry. Using this feature, other users can start your computer and use the account you enable to log on automatically.
KEY IDEA
Macula densa Bowman's capsule Glomerulus Afferent and efferent arterioles Straight proximal tubule Thick ascending limb of Henle's loop
Windows Firewall has the ability to quickly return to the default configuration. This enables a local administrator to easily return to a known configuration after a machine has been configured to an unknown state. All Group Policy settings will be retained, but manually configured settings will be returned to their default with the click of a button. To restore the default configuration on a machine, open the Windows Firewall dialog box and click the Advanced tab. Under Default Settings, click the Restore Defaults button, and the confirmation message shown in Figure 22-7 will be displayed. If you re sure this is what you want to do, click Yes and the default configuration will be restored.
For information about Universal Plug and Play, see 25, Connecting Remote Offices. For more information about using printers, see 11, Enabling Printing and Faxing. For more information about power management on portable computers, see 7, Supporting Mobile Users. For more information about troubleshooting hardware problems that prevent your system from starting, see 29, Troubleshooting the Startup Process.
a professional investment advisor not to charge you for his or her experience, knowledge, and skill is unrealistic. For those investors who are comfortable managing their own portfolios, they may not want professional guidance. In these cases, a no-load fund, for example, is often an appropriate decision. As I mentioned earlier, this book is designed to give individuals a better understanding of value investing. It is not intended to be a guidebook that offers advice on what to do in every situation an investor may face over many years. It is intended to provide some insight on how attractively valued stocks can be purchased and how a portfolio of value stocks can be managed. In 12, when I address the importance of strict adherence to an investment process, I ll show how working with a financial professional can be beneficial in helping you stick with the value-investing disciplines described in this book. However, whether you choose to invest on your own or in partnership with a financial advisor is your decision. Operating Expenses An open-end mutual fund has a variety of day-to-day expenses including costs for administration, legal counsel, operations, and client service. These costs are passed along to shareholders and deducted directly from fund earnings. The amount of a fund s operating costs varies based on diverse factors including the type of asset being managed, overhead, and where the fund operates. For example, stock funds with all or a portion of their holdings invested overseas usually have the highest expenses. Stock funds that invest only domestically tend to have lower expense ratios. Published track records for mutual funds reflect deductions for operating expenses. While closed-end funds also have expense ratios, generally their expenses are lower than open-end funds because they provide no client service for shareholders. The expenses also tend to be small relative to the fund s discount or premium.
discussed, what is the best way to invest Before I address this question, I want to share two related points regarding ADRs and ORDs: The first has to do with the ratios between the two, and the second deals with the effects of currency fluctuations on ADRs. Ratio of Ordinaries to ADRs Some ADRs represent underlying shares or ordinaries on a one-for-one basis. For example, one ordinary share in the Italian Benetton Group equals one ADR. Other ADRs may represent more or less than one underlying share. Ten ordinaries of British Telecom, for example, equal one ADR. On the other hand, it takes a mere 0.01 underlying share of Swiss-based Nestle to equal one ADR. The number of ordinaries represented by a single ADR reflects the overall pricing of shares on a national stock market. In Hong Kong, where quoted prices for blue-chip companies are often under $1 per share, an ADR usually represents multiple shares. Conversely, in Switzerland, the quoted price is often more than $1000 per blue-chip-company share. While the Hong Kong market welcomes small-investor participation, the Swiss market almost exclusively targets large-scale or institutional buyers. Generally, the issuing bank establishes the ratio with the hope of pricing the ADR within a generally accepted range designed to help U.S. investors feel comfortable typically $5 to $100. From the standpoint of investment value, these pricing policies are meaningless. As we saw in the example at the beginning of 1, comparing a Hong Kong share that sells for $1 with a Swiss share that sells for $1000 tells you nothing about the underlying worth of the companies in question. For the value investor, stock price is important only as it relates to underlying value. Currency Fluctuations and ADRs While ADRs are traded like domestic securities, they still represent the underlying foreign shares and are affected by currency fluctuations. For example, the price of a Nintendo ADR trading on the New York Stock Exchange will track the price of Nintendo stock on the Tokyo exchange after adjusting for changes in the dollar-yen relationship. The impact of currency fluctuations on ADR prices is a financial fact of life that is often overlooked, even by experienced market watchers. The key point to remember is that an ADR s price movement combines the movement of the underlying stock and the underlying currency. We will explain currency fluctuations and their effects on international investments in 10. Now, let s get back to the original question regarding the benefits and drawbacks of investing in ADRs and ORDs.
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Introducing Windows Workflow Foundation (WF)
FIGURE 2.5 Carbon number and boiling points of natural gas hydrocarbons (up to octane, C8H18).
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