銆€銆€璨″嫏(w霉)鍫辫〃鐨勭法鍒�

銆€銆€璨″嫏(w霉)鍫辫〃鐨勭法鍒舵槸鑸囬爡鐩病鍕�(w霉)鍒嗘瀽鐩殑鐩搁棞(gu膩n)鑱�(li谩n)鐨�銆傜偤鍒嗘瀽闋呯洰鐨勭泩鍒╄兘鍔涢渶绶ㄥ埗鐨勪富瑕佸牨琛ㄦ湁锛氱従(xi脿n)閲戞祦閲忚〃銆佹悕鐩婅〃鍙婄浉鎳�(y墨ng)鐨勮紨鍔╁牨琛�;鐐哄垎鏋愰爡鐩殑娓呭劅鑳藉姏闇€绶ㄥ埗鐨勪富瑕佸牨琛ㄦ湁锛氳硣鐢�(ch菐n)璨�(f霉)鍌佃〃銆佺従(xi脿n)閲戞祦閲忚〃鍙婄浉鎳�(y墨ng)鐨勮紨鍔╁牨琛�;鐐哄垎鏋愰爡鐩殑澶栧尟骞宠　鎯呮硜闇€绶ㄥ埗闋呯洰鐨勮病鍕�(w霉)澶栧尟骞宠　琛�銆備互涓婇€欎簺涔熷彲鑳藉湪纰哄畾鎺у埗涓嚭閬告搰椤�銆�

銆€銆€涓嬮潰涓昏浠嬬垂鐝�(xi脿n)閲戞祦閲忚〃銆�

銆€銆€鐝�(xi脿n)閲戞祦閲忚〃鏄兘澶犵洿鎺ャ€佹竻妤氬湴鍙嶆槧鍑洪爡鐩湪鏁村€嬭▓绠楁湡鍏�(n猫i)鍚勫勾鐨勭従(xi脿n)閲戞祦閲忔儏娉佺殑涓€绋〃鏍�锛屽彲浠ラ€�(j矛n)琛岀従(xi脿n)閲戞祦閲忓垎鏋�锛岃▓绠楀悇闋呴潨鎱�(t脿i)鍜屽嫊鎱�(t脿i)瑭曞児鎸囨(bi膩o)锛屽緸鑰屽垎鏋愰爡鐩殑璨″嫏(w霉)鐩堝埄鑳藉姏銆�

銆€銆€鎸夌収鎶曡硣瑷堢畻鍩虹(ch菙)鐨勪笉鍚�锛岀従(xi脿n)閲戞祦閲忚〃鍒嗙偤鍏ㄩ儴鎶曡硣鐨勭従(xi脿n)閲戞祦閲忚〃鍜岃嚜鏈夎硣閲戠殑鐝�(xi脿n)閲戞祦閲忚〃銆�

銆€銆€涓€銆佸叏閮ㄦ姇璩囩殑鐝�(xi脿n)閲戞祦閲忚〃鐨勭法鍒�

銆€銆€鍏ㄩ儴鎶曡硣鐨勭従(xi脿n)閲戞祦閲忚〃鏄珯鍦ㄩ爡鐩叏閮ㄦ姇璩�(鍖呮嫭鑷湁璩囬噾鍜屽€熷偟)鐨勮搴�锛屽皪闋呯洰鍚勫勾鐨勭従(xi脿n)閲戞祦閲忔墍閫�(j矛n)琛岀殑瑷堢畻銆�

銆€銆€鍏ㄩ儴鎶曡硣鐨勭従(xi脿n)閲戞祦閲忚〃涓富瑕佸寘鎷互涓嬪咕鍊嬪収(n猫i)瀹癸細

銆€銆€(涓€) 鐝�(xi脿n)閲戞祦鍏�

銆€銆€鐝�(xi脿n)閲戞祦鍏ョ敱鐢�(ch菐n)鍝侀姺鍞�(鐕熸キ(y猫))鏀跺叆銆佸洖鏀跺浐瀹氳硣鐢�(ch菐n)浣欏€煎拰鍥炴敹娴佸嫊璩囬噾绛変笁闋呭収(n猫i)瀹规(g貌u)鎴�銆�

銆€銆€鐢�(ch菐n)鍝侀姺鍞敹鍏ユ槸闋呯洰寤烘垚鍚庡皪澶栭姺鍞敘(ch菐n)鍝佹垨鎻愪緵鍕炲嫏(w霉)鎵€鍙栧緱鐨勬敹鍏�銆傚湪瑷堢畻鏅傦紝涓€鑸槸鍋囧畾鐢熺敘(ch菐n)鍑轰締鐨勭敘(ch菐n)鍝佸叏閮ㄥ敭鍑�;涔熷氨鏄姺鍞噺绛変簬鐢熺敘(ch菐n)閲�锛屽叾瑷堢畻鍏紡鐐猴細

銆€銆€閵峰敭鏀跺叆=閵峰敭閲�*閵峰敭鍠児=鐢熺敘(ch菐n)閲�*閵峰敭鍠児銆�

銆€銆€瑷堢畻鏅傝娉ㄦ剰锛�

銆€銆€(1)鍦ㄩ爡鐩殑鎶曠敘(ch菐n)鏈�锛屽皻鏈仈(d谩)鍒拌ō(sh猫)瑷堢敓鐢�(ch菐n)鑳藉姏锛屾鏅傜殑閵峰敭鏀跺叆鑸囬仈(d谩)鐢�(ch菐n)鏈熺殑閵峰敭鏀跺叆鏄笉鍚岀殑锛屼竴鑸鐩腑閮界郸鍑鸿▓绠楁柟娉�銆�

銆€銆€(2)鍥炴敹鍥哄畾璩囩敘(ch菐n)浣欏€间竴鑸槸鍦ㄩ爡鐩▓绠楁湡鐨勬渶鍚庝竴骞翠竴娆℃敹鍥�锛屽浐瀹氳硣鐢�(ch菐n)浣欏€煎洖鏀堕鎳�(y墨ng)鎸夐鐩腑绲︾殑鍥哄畾璩囩敘(ch菐n)鎶樿垔鏂规硶瑷堢畻銆�

銆€銆€(3)鍥炴敹娴佸嫊璩囬噾涔熸槸鍦ㄩ爡鐩▓绠楁湡鐨勬渶鍚庝竴骞翠竴娆℃敹鍥炪€傝娉ㄦ剰娴佸嫊璩囬噾鍥炴敹椤嶇偤闋呯洰鐨勫叏閮ㄦ祦鍕曡硣閲�銆�

銆€銆€(浜�)鐝�(xi脿n)閲戞祦鍑�

銆€銆€鐝�(xi脿n)閲戞祦鍑虹敱鍥哄畾璩囩敘(ch菐n)鎶曡硣銆佹祦鍕曡硣鐢�(ch菐n)鎶曡硣銆佺稉(j墨ng)鐕熸垚鏈€侀姺鍞▍閲戝強闄勫姞銆佹墍寰楃▍绛変簲閮ㄥ垎鍏�(n猫i)瀹规(g貌u)鎴�.

銆€銆€(1)鍥哄畾璩囩敘(ch菐n)鎶曡硣(鍥哄畾璩囩敘(ch菐n)鎶曡硣绺介)锛氬寘鎷浐瀹氳硣鐢�(ch菐n)鎶曡硣銆侀爯(y霉)鍌欒不(f猫i)銆佸缓瑷�(sh猫)鏈熷埄鎭互鍙婃姇璩囨柟鍚戣(di脿o)绡€(ji茅)绋呯瓑鍥涘€嬪収(n猫i)瀹�銆傚湪鍥哄畾璩囩敘(ch菐n)鎶曡硣鐨勮▓绠椾腑锛岃娉ㄦ剰寤鸿ō(sh猫)鏈熷埄鎭殑瑷堢畻銆備竴鑸締璎涳紝灏嶄簬鍒嗗勾鍧囪　(娉ㄦ剰锛氣€滃潎琛♀€�)鐧�(f膩)鏀剧殑绺借哺娆�锛屽叾鍒╂伅鐨勮▓绠楀師鍓囨槸鐣�(d膩ng)骞磋哺娆炬寜鍗婂勾瑷堟伅锛屼笂涓€骞磋哺娆捐冻椤嶅湪涓嬩竴骞存寜鍏ㄥ勾瑷堟伅銆傝▓绠楀叕寮忕偤

銆€銆€姣忓勾鎳�(y墨ng)浠樺埄鎭�=(骞村垵鍊熸鏈伅绱▓+鏈勾鍊熸椤�/2)*骞村(sh铆)闅涘埄鐜�(涓嶆槸鍚嶇京鍒╂伅)銆�

銆€銆€(2)娴佸嫊璩囬噾鎶曡硣椤嶄締鑷姇璩囪▓鍔冭垏璩囬噾绫屾帾琛�锛屽湪绶ㄥ埗鐝�(xi脿n)閲戞祦閲忚〃鏅傝娉ㄦ剰鐨勬槸锛氭祦鍕曡硣閲戞姇鍏ョ殑骞翠唤锛屼竴鑸槸鍦ㄩ爡鐩姇鐢�(ch菐n)鐨勭涓€骞撮枊濮嬫姇鍏ユ祦鍕曡硣閲�锛屾渶鍚庝竴骞翠竴娆℃敹鍥�銆�

銆€銆€(3)缍�(j墨ng)鐕熸垚鏈槸鎸囩附鎴愭湰璨�(f猫i)鐢ㄤ腑鎵ｉ櫎鎶樿垔璨�(f猫i)銆佹敜閵疯不(f猫i)銆佺董绨¤不(f猫i)鍜岃哺娆惧埄鎭互鍚庣殑浣欓銆�

銆€銆€鍏惰▓绠楀叕寮忕偤

銆€銆€缍�(j墨ng)鐕熸垚鏈�=绺芥垚鏈不(f猫i)鐢ㄢ€曟姌鑸婅不(f猫i)鈥曟敜閵疯不(f猫i)鈥曠董绨¤不(f猫i)鈥曡哺娆惧埄鎭�

銆€銆€瑷堢畻缍�(j墨ng)鐕熸垚鏈檪瑕佹敞鎰忕殑鏄�锛屽湪鍏ㄩ儴鎶曡硣鐝�(xi脿n)閲戞祦閲忚〃涓�锛屾槸浠ュ叏閮ㄦ姇璩囦綔鐐鸿▓绠楀熀绀�(ch菙)鐨�锛屽洜姝ゅ埄鎭敮鍑哄氨涓嶅啀浣滅偤鐝�(xi脿n)閲戞祦鍑�锛岃€屾槸閫�(j矛n)鍏ョ稉(j墨ng)鐕熸垚鏈腑銆傚湪鑷湁璩囬噾鐨勭従(xi脿n)閲戞祦閲忚〃涓柈鍒楀€熸鍒╂伅鏀嚭锛岃€岀稉(j墨ng)鐕熸垚鏈腑涓嶅寘鎷埄鎭敮鍑恒€�

銆€銆€(4)閵峰敭绋呴噾鍙婇檮鍔�銆佹墍寰楃▍鐨勮▓绠楀潎鎸夋湁闂�(gu膩n)瑕�(gu墨)瀹氶€�(j矛n)琛岋紝鍏朵腑鎵€寰楃▍椤嶆槸鍦ㄩ爡鐩嚐閬�(y霉n)鐣�(d膩ng)骞寸殑鎳�(y墨ng)绱嶇▍鎵€寰楅涓嶇偤闆剁殑鎯呮硜涓�锛屾牴鎿�(j霉)锛氣€滄噳(y墨ng)绱嶇▍鎵€寰楅*鎵€寰楃▍绋呯巼鈥濈殑鍏紡瑷堢畻鍑轰締鐨勩€傚湪妗堜緥瑷堢畻涓�锛岀偤绨′究璧疯锛屾噳(y墨ng)绱嶇▍鎵€寰楅涓€鑸彲鎸変笅杩板叕寮忚▓绠楋細

銆€銆€鎳�(y墨ng)绱嶇▍鎵€寰楅=閵峰敭鏀跺叆鈥�(绺芥垚鏈�+閵峰敭绋呴噾鍙婇檮鍔�)

銆€銆€(涓�)鍑堢従(xi脿n)閲戞祦閲�

銆€銆€闋呯洰瑷堢畻鏈熷悇骞寸殑鍑堢従(xi脿n)閲戞祦閲忕偤鍚勫勾鐝�(xi脿n)閲戞祦鍏ラ噺娓涘幓灏嶆噳(y墨ng)骞翠唤鐝�(xi脿n)閲戞祦鍑洪噺鑰岃▓绠楃殑绱▓鍑堢従(xi脿n)閲戞祦閲�锛屽嵆鏈勾鍙婁互鍓嶅悇骞村噲鐝�(xi脿n)閲戞祦閲忎箣鍜�銆�

銆€銆€(鍥�)閲戞祦閲忚〃鐨勫欢闀�

銆€銆€鍦ㄥ埄鐢ㄧ従(xi脿n)閲戞祦閲忚〃閫�(j矛n)琛岄爡鐩病鍕�(w霉)瑭曞児鏅�锛岄噰鐢ㄥ湪鐝�(xi脿n)閲戞祦閲忚〃涓鍔犱笁鍊嬫瑒鐩紝鍗虫姌鐝�(xi脿n)绯绘暩(sh霉)銆佸噲鐝�(xi脿n)閲戞祦閲忕従(xi脿n)鍊煎拰绱▓鍑堢従(xi脿n)閲戞祦閲忕従(xi脿n)鍊�銆傚湪閫欎竴閮ㄥ垎瑕佹敞鎰忓叐榛�(di菐n)锛氫竴鍊嬫槸鎶樼従(xi脿n)绯绘暩(sh霉)鐨勮▓绠楋紝瑕佽垏闋呯洰瑷堢畻鏈熺殑骞村簭瑕�(gu墨)瀹氱浉涓€鑷�;鍙︿竴鍊嬫槸绱▓鍑堢従(xi脿n)閲戞祦閲忕従(xi脿n)鍊�锛屽叾鍦ㄩ爡鐩▓绠楁湡鏈€鍚庝竴骞寸殑鏁�(sh霉)鎿�(j霉)鍗崇偤瑭查爡鐩殑鍑堢従(xi脿n)鍊�(NpV)銆�

銆€銆€(浜�)闋呯洰瑷堢畻鏈熺殑骞村簭瑕�(gu墨)瀹�

銆€銆€鐝�(xi脿n)閲戞祦閲忚〃鐨勫勾搴忚(gu墨)瀹氱偤1锛�2锛屸€� n锛岄€欎竴榛�(di菐n)鑸囥€婂伐绋嬮€犲児绠＄悊鐩搁棞(gu膩n)鐭ヨ瓨銆嬮噷鐨勮(gu墨)瀹氫笉涓€妯�锛岀浉闂�(gu膩n)鐭ヨ瓨鐨勫勾搴忚(gu墨)瀹氱偤0锛�1锛�2锛屸€� n锛岃浜堜互娉ㄦ剰銆傞噰鐢ㄩ€欑ó骞村簭琛ㄧず锛屽缓瑷�(sh猫)闁嬪骞磋▓鐐鸿▓绠楁湡鐨勭涓€骞�锛屽勾搴忕偤l锛屼互姝ら鎺�銆傚洜姝わ紝鍦ㄩ€�(j矛n)琛岀従(xi脿n)閲戞祦閲忕殑鎶樼従(xi脿n)瑷堢畻鏅傦紝绗竴骞�(鍗冲勾搴�1)鐨勭従(xi脿n)閲戞祦閲忚鎸�(1鍗両)-1鎶樼従(xi脿n)锛岀浜屽勾(骞村簭2)鐨勭従(xi脿n)閲戞祦閲忚鎸�(1+i)-2鎶樼従(xi脿n)锛屸€�銆傛噳(y墨ng)鐗㈣閫欑ó瑕�(gu墨)瀹�锛屽惁鍓囧氨鏈冮€犳垚鐝�(xi脿n)閲戞祦閲忚▓绠楃殑娣蜂簜鍜岄尟瑾�銆�

銆€銆€浜�銆佽嚜鏈夎硣閲戠殑鐝�(xi脿n)閲戞祦閲忚〃鐨勭法鍒�

銆€銆€鑷湁璩囬噾鐝�(xi脿n)閲戞祦閲忚〃鏄珯鍦ㄩ爡鐩姇璩囦富楂旂殑瑙掑害鑰冨療闋呯洰鐨勭従(xi脿n)閲戞祦鍏ュ拰娴佸嚭鎯呮硜锛屽畠鑸囧叏閮ㄦ姇璩囩従(xi脿n)閲戞祦閲忚〃鐨勫叡鍚岄粸(di菐n)鑸囧崁(q奴)鍒ユ湁鍏╅粸(di菐n)锛�

銆€銆€(1)鐝�(xi脿n)閲戞祦鍏ュ悇闋呰垏鍏ㄩ儴鎶曡硣鐝�(xi脿n)閲戞祦閲忚〃鐩稿悓銆�

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銆€銆€涓夈€佸(sh铆)闅涘埄鐜囪垏鍚嶇京鍒╃巼

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