| In recent years,There are a lot of developments of the automatic transmission in our country. The advantages of automatic transmission is that driving agility , starting steady, sitting comfortable, reducing fuel , safe and dependable etc. All of them is favor by the customer.Because the automatic transmission have some characteristics such as construction complex ,exploring and manufacturing cost high ,big investment, manufacturing difficulty etc.If project is loss ,the whole investment will not withdraw .It is important to investor and manager that the technologic analysis of making a crisis decide. The economic possibility evaluation of investment in enterprise item is important core content in enterprise project research.The double clutch automatic transmission, DCT ,is coming from the manual transmission in parallel shaft type .This kind of transmission's advantage are that high driving efficiency and little interspace and light weight and cheaper. As DCT's base body can be similar to manual transmission ,the machine that producing manual transmisson can be used to manufacturing DCT. So the DCT will be becoming new type transmission in the world..The article analysis all that DCT's construction and working principle and development and DCT' requirement. It introduces DCT 's part sheet and tooling process and assemble process and process difficulties . It is also introduced that evaluating transmission output and income and project investment and flow cash and economic standard and economic net present value compared in two kind of plan . Through optimizing all kind of economic parameter and analysising all kind of effect factors and evaluating risks, the DCT's project is confirmed.A series of economic standard is used in the DCT's project evaluation . They are economic net present value ,economic internal rate of return ,return period of investment ,interest prepare rate ,debt prepare rate ,asset-debt rate .Economic net present value is called NPV . NPV is the sum of cash flow in life-span period. It is a important standard of examining profit ability . If NPV>0, project investment is viable, otherwise it is not viable .Financial internal rate of return is called FIRR .FIRR is parameter of investment income level .If FIRR≥ic, investment is viable . Otherwise it is not viable .Asset debt rate is rate between asset and debt .Analysis it should be contact to country economic state ,enterprise development ,market environment. The appropriate asset debt is capacity of enterprise developing assurance .In financial analysis, it can be not calculated .Investment prepared rate is the rate between benefit and interest .If investment prepared rate is high ,the level of being paid for is high .It should be larger than one . In resent years ,it is not larger than two .Repay debt rate is the rate between cash (cost +interest )and cash (should be paid for ). If it is high ,this enterprise will have repay debt capacity high . It should be above one . By now ,it should above 1.3.Through calculating all of economic parameter in the article ,DCT project have very well economic capability .In the project decision ,I consider two kind of way . Because NPV2-1 >0, it shows that the second way is better than the first way . The second way have high abilities of repaying investment and defeating risk .In the article ,it has a lot of analysis of DCT technology and economic process . Through exploring DCT project ,I found the crisis factor to the DCT project. In calculating , I consider price ,management cost ,and sensitive factor . I also consider cash flow . So the DCT project estimation is accuracy and possible ,it can avoid investing risk for the enterprise.In a word ,the article of the DCT project explored can provide a lot of experiences to transmission industry and enterprise . |
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